The National Bank of Ethiopia (NBE) has introduced updated price revision guidelines for gold procurement through its central and regional...

Wegagen Bank, in collaboration with Visa Inc., has introduced an International Prepaid Visa Card service, enabling customers, embassy staff, and...

Ethio telecom, in partnership with Visa Inc., has introduced Ethiopia's first wallet-based Virtual Visa Card, along with services aimed at...

Ethiopia has broadened the scope of import payments permitted under the franco valuta system, allowing more goods to be imported...

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The African Development Bank (AfDB) has approved a $40 million transaction guarantee facility to support Dashen Bank’s trade finance activities...

The National Bank of Ethiopia (NBE) has announced the commencement of accepting applications for Independent Foreign Exchange Bureaus. This move...

AliExpress, a major online retail service owned by Alibaba Group, is set to enter the Ethiopian market, according to Abiyot...

A discussion was held regarding the details of the Startup Proclamation, which is currently being developed to create a more...

National Bank of Ethiopia Concludes Special FX Auction with a Weighted Average Rate of Birr 107.9 per USD The National...