Ethiopia is set to ban all construction professionals who lack official competency certification from participating in…
Category: Business and Economy
Binance Restores Access in Ethiopia Following Regulatory Engagement
The world’s largest cryptocurrency exchange, Binance, has successfully restored access to its platform for users in…
Ethiopia Sees Rapid Digital Finance Growth Amid Escalating Cyber Security Risks
Ethiopia’s digital finance sector is experiencing unprecedented growth, compressing decades of traditional financial evolution into a…
Addis Ababa City Administration Approves 502.27 Billion Birr Draft Budget for 2019 EFY
The Addis Ababa City Administration Cabinet has officially approved a draft budget of 502.27 billion Birr…
Ethiopian Government Offices Face Over 16.3 Billion Birr in Unreconciled Arrears
More than 16.3 billion Birr in unreconciled outstanding accounts has been uncovered across 138 federal…
CBE and EIC Forge Historic Partnership to Advance Ethiopia’s Financial Sector
The Commercial Bank of Ethiopia (CBE) and the Ethiopian Insurance Corporation (EIC) have signed a historic…
NBE Forex Auction: Commercial Banks Demand Over $236M Against $100M Supply
Commercial banks requested over $236 million during a special foreign exchange auction today, vastly outstripping the…
$10M Contract Signed to Build Massive 63-Million Egg Poultry Hatchery in Ethiopia
Ethiopia’s Ministry of Agriculture has officially signed a landmark $10.15 million contract to construct a massive,…
WHEN AFRICA HOSTS THE WORLD: ETHIOPIA’S COP32 AND THE PARTNERSHIP SHAPING IT
By Abel Takele When Ethiopia secured the unanimous endorsement of the African Group of Negotiators to…
Ethiopia Eyes 78.9 Billion Birr in New Revenue by Scraping Tax Holidays
The Ethiopian government plans to generate 78.9 billion Birr in additional domestic revenue for the upcoming…