Economy

Walk into a store in Addis Ababa and ask for coffee from Côte d’Ivoire. Or look for Kenyan leather goods...

Ethiopia’s economy went through a rollercoaster in late 2024, trying to find its balance amid big changes in the foreign...

Ethiopia and the European Union (EU) have signed a €240 million (approximately 32.3 billion birr) grant agreement under the 2024...

U.S. President Donald Trump has announced a fresh round of tariffs on global trade, targeting multiple countries with levies ranging...

The National Bank of Ethiopia (NBE) has announced the results of its latest foreign exchange auction held today. According to...

The National Bank of Ethiopia (NBE) has announced the commencement of a regular series of foreign exchange (FX) auctions to...

Ethiopian Investment Holdings (EIH), the strategic investment arm of the Ethiopian government, has achieved a significant milestone, securing its position...

The National Bank of Ethiopia (NBE) has announced its decision to maintain its benchmark National Bank Rate (NBR) at 15...

Ethiopia and France’s Agence Française de Développement (AFD) have sealed a €28.5 million agreement to advance Ethiopia’s Homegrown Economic Reform...

Corruption has long been a major challenge for past and present governments. Today, bribery has become so ingrained in daily...