Mandatory National Digital ID for Banking Services in Addis Ababa Applies Only to New Customers—for Now
In Addis Ababa, possessing the Fayda Digital ID is becoming a necessity for accessing various services, including banking. However, banks operating in the city...
Earthquake Measuring 5.5 on the Richter Scale Strikes Awash Fentale and Surrounding Areas
An earthquake measuring 5.5 on the Richter scale struck Awash Fentale and surrounding areas at 2:01 AM tonight, according to the United States...
The Grand Palace Museum Officially Opens for Public Visits
Addis Ababa, December 29, 2024 – The Prime Minister’s Office has officially announced the opening of the Palace Museum for public visits, marking a...
Macron’s €25M National Palace Renovation: Ethiopia’s New ‘Let Them Eat Cake’ Debate
French President Emmanuel Macron’s recent visit to Addis Ababa to inaugurate the €25 million renovation of a national palace has sparked widespread controversy. Framed...
Ethiopia to Introduce Guidelines for Cryptocurrency Transactions, Following NBE’s New Proclamation
The National Bank of Ethiopia (NBE) is poised to introduce regulations concerning cryptocurrencies and digital assets following today's approval of the National Bank of...
Ethiopia Opens Doors to Foreign Banks: Landmark Proclamation Paves the Way for International Investment
In a significant move to modernize Ethiopia’s financial landscape, the National Bank of Ethiopia (NBE) has secured approval for its draft proclamation, introducing transformative...
