Addis ababa: The National Bank of Ethiopia (NBE) has accelerated financial sector reform by shifting toward an interest rate-based, inflation-targeting monetary policy and adopting a market-based foreign exchange regime since 2024. The central bank’s …
Continue ReadingAddis ababa: Ethiopia’s Homegrown Economic Reform program is significantly enhancing the country’s attractiveness to investors and increasing foreign investment inflows, Commissioner of the Ethiopian Investment Commission, Zeleke Temesgen said. A pane…
Continue ReadingAddis ababa: Prime Minister Abiy Ahmed has called on fuel distributors, stations, and consumers to use petroleum products responsibly as disruptions linked to the crisis in the Middle East affect global oil supply.
According to Ethiopian News Agency…
Continue ReadingEthiopia: Ethiopia’s Minister of Trade and Regional Integration, Kassahun Gofe underscored that the country is rapidly emerging as an attractive destination for investors as sweeping economic reforms continue to reshape the business environment.
Spe…
Continue ReadingAddis ababa: A high-level investment forum is currently underway, bringing together senior government officials, investors, and key stakeholders to discuss Ethiopia’s expanding investment opportunities.
According to Ethiopian News Agency, the forum, …
Continue ReadingHawassa: Residents of Ethiopia’s Sidama Region gathered in colorful ceremonies and traditional rituals to celebrate Fichee-Chambalaalla, the annual New Year festival recognized by UNESCO as part of the world’s Intangible Cultural Heritage. The festiva…
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