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NBE eases directive to attract foreign financing
National Bank of Ethiopia (NBE) relaxes the ‘foreign currency intermediation directive’ aiming to bring life for access to credit from foreign sources.
It is recalled...
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General inflation up 33% from last year
The November general year on year inflation rate hits 33 percent as the month-on-month food inflation rate for the same month decreased by 1.8...
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Oromia Bank rebrands with excellence in mind
Oromia International Bank rebrands itself to ‘Oromia Bank’ changing its trade mark as well as its name. The bank reveal its updated name and...
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NBE amends forex allocation priorities
The National Bank of Ethiopia (NBE) amends ‘transparency in foreign currency allocation and foreign exchange management directives’ to increase the foreign currency allocation for...
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Ethio telecom to activate 5G trials
Ethio telecom has finished its preparation to pilot the 5th generation (5G) network for the first time in the country with the launch expected...
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Ethiopia makes history in airfreight logistics
Ethiopia has become the first African nation to chair the global airfreight institute that promotes international air cargo.
The annual congress of the International Federation...
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Phase I of Africa CDC completes
The Chinese aided African Union’s Center for Disease Control and Prevention (Africa CDC) headquarters building project commemorated it’s topping out ceremony at the project...
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ECX preps to floor aromatic gum, resins
The Ethiopian Commodity Exchange (ECX) that has been in modern trading facilitation for almost 13 years is on the process to embark the trading...
