Addis ababa: Ethiopia has entered a pivotal chapter in its modern political history. With the opening of the National Dialogue Conference in Addis Ababa, the country has embarked on one of its most ambitious efforts to confront longstanding political …
Gov’t Focused on Pushing Logistics Modernization: State Minister
Addis ababa: Ethiopia is striving to enhance the flow of foreign direct investment by systematically modernizing its logistics corridor to fast-track import-export efficiency, Transport and Logistics State Minister Dhenge Boru said. The Ethiopian Frei…
House Approves Over 124 Million Euro Concessional Loan to Accelerate Economic Reforms
Addis ababa: The House of People’s Representatives (HPR) has unanimously approved 124.6-million-euro concessional loan agreements that support Ethiopia’s Homegrown Economic Reform and accelerate the country’s digital transformation. The loan agreement…
Finance Minister Meets With World Bank Operations Managing Director in Addis Ababa
Addis ababa: Finance Minister Ahmed Shide held a meeting with World Bank (WB) Operations Managing Director Anna Bjerde in Addis Ababa today.
According to Ethiopian News Agency, during the meeting, the Minister briefed the Managing Director on Ethio…
Ethiopia Lifts Credit Cap, Raises Policy Rate as Central Bank Advances Monetary Reform
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…
Addis Ababa Attracts Over 1.3 Trillion Birr in Investment Over Five Years
Addis ababa: Addis Ababa has attracted more than 1.3 trillion Birr in capital investment over the past five years, Mayor Adanech Abiebie announced today.
According to Ethiopian News Agency, the Mayor disclosed the figures while presenting the Addis …