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Author: Webdesk

OpenFX Acquires Global Ledger to Launch Multi-Currency Accounts for Fintechs

August 6, 2026Webdesk

Novo co-founder Tyler McIntyre joins as Head of Banking; OpenFX will be launching a waitlist for their multi-currency accounts product, the first one hundred companies to join the waitlist receive $30,000 in fee credits OpenFX Launches Multi-Currency Accounts For Fintechs OpenFX is launching multi-currency accounts for fintechs: collect USD locally and pay out over ACH, […]

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Asmara’s Perpetual War Doctrine Threatens Regional Stability

August 6, 2026Webdesk

Addis ababa: For decades, the political survival of the EPLF/PFDJ regime in Eritrea has been fundamentally anchored in a singular strategy focused on the systemic weakening of Ethiopia. Rather than fostering regional integration and mutual economic pr…

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Central Bank Expands Social Investment Drive with Housing, Environmental Initiatives

August 6, 2026Webdesk

Addis ababa: The National Bank of Ethiopia (NBE) has reaffirmed its commitment to community development through a series of social initiatives aimed at supporting vulnerable communities, expanding educational access, and promoting environmental sustai…

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Ethiopia Red Cross Society Calls for Stronger Local African Resource Mobilization

August 6, 2026Webdesk

Addis ababa: The Ethiopian Red Cross Society has called for stronger local resource mobilization in order to reduce dependence on foreign funding. Speaking at the African National Red Cross and Red Crescent Societies Consultative Meeting of Presidents…

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Ethiopian Gov’t Cracks Down on Corrupt Officials, Businesspersons

August 6, 2026Webdesk

Addis ababa: The Government of Ethiopia is taking decisive measures against individuals, organizations, and networks accused of undermining the ongoing macroeconomic reform through corruption, illegal economic activities, and misuse of national resour…

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Prime Minister Abiy Accompanied by First Lady Zinash, Senior Officials in Bahir Dar

August 6, 2026Webdesk

Addis ababa: Prime Minister Abiy Ahmed, accompanied by First Lady Zinash Tayachew and senior government officials, arrived in Bahir Dar, the vibrant capital of Ethiopia’s Amhara Region.

According to Ethiopian News Agency, the Prime Minister was warml…

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  • Diaspora Members Visit GERD, Hail It as ‘Ethiopia’s Liquid Gold’ on the Abay River August 9, 2026

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