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Category: Business

Ethiopia Lifts Credit Cap, Raises Policy Rate as Central Bank Advances Monetary Reform

July 13, 2026ethiopiaprobserver.com

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…

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Africa Pastoral Markets Forum Seeks to Unlock Livestock Sector as Driver of Economic Growth

July 13, 2026ethiopiaprobserver.com

Addis 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…

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Operationalization of Nigus Tekle Haimanot Airport to Spur Trade, Investment and Tourism: Prime Minister Abiy

July 12, 2026Webdesk

Addis ababa: Prime Minister Abiy Ahmed said the operationalization of the newly modernized Nigus Tekle Haimanot Airport in Debre Markos will significantly stimulate trade, investment, and tourism, opening a new chapter for economic growth in northwest…

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Ethiopian Lands in Port Louis, Opening New Era of Ethiopia-Mauritius Connectivity

July 12, 2026Webdesk

Addis 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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Debre Markos Airport Fulfills Long-Standing Community Aspiration, Says Regional Chief Administrator

July 12, 2026Webdesk

Addis 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 …

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PM Abiy Inaugurates Modernized Nigus Tekle Haimanot Airport in Debre Markos

July 12, 2026Webdesk

Addis 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…

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