Addis Ababa: The Ethiopian Securities Exchange (ESX) will commence its operation in October 2024, ESX Director-General Tilahun Kassahun told the Ethiopian News Agency.
He said that preparations, including collecting finances, have been carried out to…
Addis Ababa: The National Bank of Ethiopia (NBE) announced that it has concluded the Special Foreign Exchange Auction held today with a weighted average rate of Birr 107.9 per USD.
In its statement, the central bank said the auction saw the participa…
Addis Ababa: African countries must work hand in hand to realize the African Continental Free Trade Area (AfCFTA) as it is a very important agreement that enables African countries to deal without customs, administrative, and bureaucratic constraints,…
The government of South Korea has decided to provide a total of 7 million USD assistance to the conflict-affected and vulnerable regions of Ethiopia through international aid agencies.
The assistance aims to support the Disarmament, Demobilization, …
The implementation of Ethiopia’s macroeconomic policy will enhance the country’s monetary and fiscal policies in addition to its contribution to modernize the existing foreign exchange administration, Finance and Planning and Development ministries s…
The full implementation of macroeconomic policy in Ethiopia will guarantee national development by creating stable, comprehensive and sustainable economy, senior government officials underscored.
Ethiopia has embarked on full implementation of macro…