The National Bank of Ethiopia (NBE) announced that it will be conducting a Special Foreign Exchange Auction tomorrow on August 7, 2024.
Depending on market conditions, additional foreign exchange auction may be conducted over the coming weeks, it re…
This year’s construction progress of housing scheme for the elderly and economically vulnerable communities around Aware area in Addis Ababa exemplifies a shift in work culture, merging quality with speed, Prime Minister Abiy Ahmed stated in social m…
Addis Ababa: Social welfare is a key pillar of Prime Ministerial initiatives, with a focus on the annual renovation and construction of homes for the elderly and economically vulnerable, according to Office of the Prime Minister.
This ongoing transfo…
Addis Ababa: Ethiopia’s Ministry of Finance has announced preparations to present an additional budget of over 550 billion Birr to be approved by the House of People’s Representatives for the 2024-25 fiscal year.
Recall that the House of People’s Rep…
Addis Ababa: More than 14 million liters of edible oil have been purchased and are prepared for distribution, Ethiopia’s Minister of Trade and Regional Integration, Kassahun Gofe revealed.
The government has been putting more industrial and agricultu…
Addis Ababa: The Ethiopian Coffee and Tea Authority signed a Memorandum of Understanding (MoU) on Sunday with Oromia Tourism Commission to work together in tapping the tourism potential of Ethiopia’s coffee.
The Director General of Ethiopian Coffee a…