A type of cryptocurrency designed to maintain a stable value, often pegged to a fiat currency like the US Dollar (USD) or backed by assets such as gold.
Awash Bank has reported a stellar performance for the 2024/25 financial year, recording a pre-tax profit of over 22 billion...
Safaricom Ethiopia has crossed a major milestone, reaching 10 million active subscribers, four years after acquiring its telecom license. The...
Ethiopia’s coffee industry is celebrating a major milestone, with exports soaring to 409,605 tons in the first 11 months of...
The Monetary Policy Committee (MPC) of the National Bank of Ethiopia (NBE) held its third meeting on June 23, 2017,...
In a landmark move signaling a new era for Ethiopia’s financial sector, the National Bank of Ethiopia (NBE) has officially...
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