Government-controlled currency that is not backed by a physical commodity like gold or silver. Examples include the US Dollar (USD), Euro (EUR), and Japanese Yen (JPY).
Kenya and Ethiopia have officially signed a Memorandum of Understanding (MoU) to enhance collaboration and fast-track the implementation of the...
Ethiopia has set a new benchmark in its coffee export history, generating a record-breaking US$1.5 billion in revenue during the...
In a landmark achievement for Ethiopia’s growing fintech sector, Chapa has secured 3rd place at the Supernova Challenge 2.0, Africa’s...
The National Bank of Ethiopia (NBE) has scheduled its fourth foreign exchange auction for Thursday, April 17, 2025, offering $70...
The Ethiopian Deposit Insurance Fund (EDIF) has gathered a total of 5.2 billion Birr in premiums from banks and microfinance...
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