Ethiopia’s Ministry of Education (MoE) has signaled a possible transition period for new regulations...

The Ethio Telecom has signed a major network expansion and modernization agreement with its...

Recent foreign exchange auction outcomes have produced puzzling contradictions, sparking debate among financial experts and raising questions about the National Bank of Ethiopia’s visibility into actual market demand. As previously reported, in a special foreign currency auction held on February 21, the National Bank of Ethiopia (NBE) offered 500 million USD to commercial banks. However, 44.7 million USD remained unsold, as participating banks submitted bids totaling only 455.3 million USD. Sector experts described the undersubscription as “an unprecedented occurrence” in Ethiopia’s forex auction system. The outcome appeared to contradict the widely held perception of persistent foreign currency shortages in the country. Analysts were left searching for explanations, with some pointing to possible liquidity constraints within the banking sector, while others questioned how demand could fall short when foreign currency is typically in high demand. The uncertainty deepened just...

Horizon Addis Tyre Manufacturing (HATM), Ethiopia’s pioneer and sole tyre manufacturer and a key...

The Ethiopian Capital Market Authority (ECMA) is close to finalizing a landmark Foreign Portfolio...

Every year on March 8, the world performs a familiar ritual. Governments issue statements, corporations launch social media campaigns,...

With less than three months to go until the June 1, 2026 election, Ethiopia is entering a critical window....

President Recep Tayyip Erdoğan’s recent visit to Ethiopia marks more than a routine diplomatic engagement. It signals a carefully...

Foreign Exchange Reform: Necessary Medicine or Premature Exposure? The National Bank of Ethiopia’s sweeping amendments to the foreign exchange regime...