Ethiopia Freezes Bank Accounts of 138 Individuals Over Illegal Forex Activities
Addis Ababa, August 2, 2017 (FMC) – In a significant crackdown on the illegal foreign exchange market, Ethiopia's Financial Security Service (FSS) has announced...
Ethiopia Halts New Crypto Mining Power Deals to Prioritize Domestic Energy Needs
Addis Ababa – Ethiopia has moved to suspend the approval of any new electricity supply agreements for cryptocurrency mining operations, signaling a decisive shift...
CBE, Dashen, and Awash Intensify Competition to Win Forex-Hungry Clients
With Ethiopia’s foreign exchange landscape gradually stabilizing, domestic banks are entering a new phase of competition—offering increased access to forex for businesses, travelers, and...
Sheraton Addis Reaches Key Renovation Milestone as Marriott Approves Mock-Up Room
Sheraton Addis Reaches Key Renovation Milestone as Marriott Approves Mock-Up Room: A Blend of Legacy, Luxury, and Global Standards
Addis Ababa, Ethiopia – August 4,...
Ethiopian Airlines Welcomes Fourth Airbus A350-1000, Unveils New Livery in Symbolic Leap Forward
Addis Ababa, August 2, 2025 — In a major stride that blends innovation with tradition, Ethiopian Airlines has officially welcomed its fourth Airbus A350-1000...
Addisu Arega Appointed Ethiopia’s New Minister of Agriculture
Addis Ababa, July 25, 2025 (FMC) — In a move signaling renewed commitment to agricultural transformation, Prime Minister Abiy Ahmed (PhD) has appointed Ato...
