Economy

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...

Fuel prices in Ethiopia surged, with gasoline rising to 112.67 birr per liter, while both diesel and kerosene reached 107.93...

The Ministry of Finance of Ethiopia announced an Agreement in Principle (AIP) with its Official Creditor Committee (OCC) regarding a...

Prime Minister Abiy Ahmed has announced that the Grand Ethiopian Renaissance Dam (GERD), currently nearing completion, could be inaugurated within...

The National Bank of Ethiopia (NBE) has announced a Special Foreign Exchange Auction scheduled for February 25, 2025, with a...

Ethiopian Investment Holdings (EIH) has commenced its mid-year performance review of state-owned enterprises (SOEs), with the first day's dialogues revealing...

Ethiopia’s bondholder committee has strongly criticized the latest report by the International Monetary Fund (IMF), claiming it contains significant flaws...

Data from the National Bank of Ethiopia covering the first six months of the fiscal year reveal significant shifts in...