Ministry of Finance Expands Franco Valuta Importation
Ethiopia has broadened the scope of import payments permitted under the franco valuta system, allowing more goods to be imported...
AfDB approves $40 million transaction guarantee facility for Dashen Bank
The African Development Bank (AfDB) has approved a $40 million transaction guarantee facility to support Dashen Bank’s trade finance activities...
NBE Announces Acceptance of Applications for Independent Forex Bureaus
The National Bank of Ethiopia (NBE) has announced the commencement of accepting applications for Independent Foreign Exchange Bureaus. This move...
AliExpress Set to Enter Ethiopian Market, Signaling Major Shift in E-Commerce
AliExpress, a major online retail service owned by Alibaba Group, is set to enter the Ethiopian market, according to Abiyot...
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