NBE Permits Embassies and Investors to Import Fuel via Franco-Valuta

​The National Bank of Ethiopia (NBE) has officially implemented a new directive authorizing foreign embassies, international…

Ethiopia Approves New Criminal Procedure Law to Replace 64-Year-Old Code

​The House of Peoples’ Representatives has approved a new proclamation to replace Ethiopia’s 64-year-old Criminal Procedure…

Tragic Traffic Accident in East Gurage Zone Claims 11 Lives

​A devastating traffic accident in the East Gurage Zone has resulted in the tragic deaths of…

Ethiopia Grants First Foreign Investment Banking License to Nigeria’s United Capital

​The Ethiopian Capital Market Authority (ECMA) has issued the country’s first foreign investment banking license to…

Joint Operation Rescues Kidnapped Sri Lankan Nationals in Ethiopia ​

Six suspects, including two Ethiopians and four Pakistani nationals, have been arrested for allegedly kidnapping three…

Ethiopian Students Win Second Prize at Global Huawei ICT Competition in China

​An Ethiopian university team has secured the second prize at the prestigious Global Huawei ICT Competition…

Sudan Political Forces Reach Breakthrough Consensus on Peace Roadmap in Addis Ababa

​ In a major diplomatic breakthrough, a broad coalition of Sudanese political and civil forces has…

Federal Police Detain Suspect in “Viva Soft” Trademark Infringement Investigation

​The Federal Police Crime Investigation Bureau has announced the arrest and investigation of a suspect, Mr.…

Former Addis Ababa Mayor Ambassador Ali Abdo Passes Away

​ Former Addis Ababa Mayor Ambassador Ali Abdo has passed away last night while receiving medical…

IMF and Ethiopia Reach Staff-Level Agreement to Unlock $468 Million Loan

​The International Monetary Fund (IMF) and the Ethiopian government have reached a staff-level agreement on economic…