Addis ababa: The National Bank of Ethiopia (NBE) has reported that inflation continued its downward trend, with the February 2026 rate standing at 9.7 percent. This sustains the country’s achievement of single-digit inflation, which was first attained…
Continue ReadingAddis ababa: Finance Minister, Ahmed Shide held a productive meeting with the President of the Asian Infrastructure Investment Bank (AIIB) to further strengthen the partnership between Ethiopia and the Bank.
According to Ethiopian News Agency, the M…
Continue ReadingAddis ababa: The Ethiopian Electric Utility (EEU) has launched a comprehensive infrastructure project aimed at ensuring a reliable power supply in Addis Ababa and Sheger cities. A major distribution line reconstruction and capacity upgrading initiativ…
Continue ReadingAddis ababa: Prime Minister Abiy Ahmed said Ethiopia’s rural corridor development initiative, which is an extension of the broader concept of city corridor development, aims to bring similar improvements in the living standards of rural communities.
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Addis ababa: The Immigration and Citizenship Service (ICS) has introduced a 10-year residency permit, known as the Golden Visa, aimed at foreign investors contributing significantly to Ethiopia’s economy. This initiative is part of the government’s br…
Continue ReadingAddis ababa: Prime Minister Abiy Ahmed has praised Ethiopia’s agricultural sector following reports of strong papaya and banana yields across key farming regions.
According to Ethiopian News Agency, in a recent social media post, the Prime Minister d…
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