Addis ababa: The National Bank of Ethiopia (NBE) has removed restrictions on how much commercial banks can lend as part of a new monetary policy package aimed at containing inflation. The credit growth cap was first introduced in 2024 as part of the N…
Continue ReadingAddis ababa: Addis Ababa has attracted more than 1.3 trillion Birr in capital investment over the past five years, Mayor Adanech Abiebie announced today.
According to Ethiopian News Agency, the Mayor disclosed the figures while presenting the Addis …
Continue ReadingAddis ababa: The First Africa Pastoral Markets Forum opened in Addis Ababa on Monday with a call to transform Africa’s pastoral livestock sector into a major driver of economic growth, employment, trade, investment, and resilience across the continent…
Continue ReadingAddis ababa: Prime Minister Abiy Ahmed on Sunday inaugurated the newly modernized Nigus Tekle Haimanot Airport in Debre Markos city, Amhara region of Ethiopia. The project restores air connectivity to the area after nearly three decades, marking a maj…
Continue ReadingAddis ababa: The inauguration of the modernized Debre Markos Nigus Tekle Haimanot Airport marks the fulfillment of a decades-long aspiration of the local community, Amhara Regional State Chief Administrator Arega Kebede said.
According to Ethiopian …
Continue ReadingAddis ababa: Ethiopian Airlines has officially inaugurated its first direct flight from Addis Ababa to Port Louis, landing at Sir Seewoosagur Ramgoolam International Airport. The first-ever inaugural flight marks a historic milestone in air connectivi…
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