Ethiopia and European Union Sign €240 Million Grant Agreement
Ethiopia and the European Union (EU) have signed a €240 million (approximately 32.3 billion birr) grant agreement under the 2024...
Trump Imposes New Tariffs on Global Trade; Ethiopia Hit with 10% Tariff
U.S. President Donald Trump has announced a fresh round of tariffs on global trade, targeting multiple countries with levies ranging...
CBE Disburses 264.65 Billion Birr in Loans, Grows Assets to 2.073 Trillion Birr
The Commercial Bank of Ethiopia (CBE) has disbursed 264.65 billion birr in loans over the past eight months, significantly expanding...
NBE Conducts Foreign Exchange Auction, Birr Trades at 131.71 per USD
The National Bank of Ethiopia (NBE) has announced the results of its latest foreign exchange auction held today. According to...
NBE to Launch Bi-Weekly Foreign Exchange Auctions
The National Bank of Ethiopia (NBE) has announced the commencement of a regular series of foreign exchange (FX) auctions to...
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