The National Bank of Ethiopia (NBE) has completely lifted its temporary credit growth restrictions on commercial…
Category: News
World Bank Shifts Strategy in Ethiopia, Prioritizing Job Creation Over Mega Projects
The World Bank has officially announced a major policy shift in its upcoming 10-year Country Partnership…
Ethiopia Workplace Injuries Top 2 Million As PPE Use Plummets, Study Finds
Ethiopia Ethiopia is facing a critical public health and economic challenge as more than two…
Addis Ababa Imposes 5% Municipal Tax on Hotel and Accommodation Services
The Addis Ababa City Administration has enacted a new regulation introducing a five percent municipal tax…
Ethiopia and Kenya Sign New Power Supply Agreement to Boost Regional Energy Trade
Ethiopia and Kenya have officially signed a new cross-border power supply agreement establishing a baseline tariff…
Addis Ababa Enacts New Directive to Regulate Construction Mineral Extraction
The Addis Ababa Environmental Protection Authority has officially issued a comprehensive new regulation, Directive No. 191/2018,…
Addis Ababa Launches Residential Lease Registration With 11.5% Rent Cap
The Addis Ababa Housing Administration Bureau has officially launched a mandatory residential lease registration program across…
Ethiopia Approves 2.34 Trillion Birr Budget, Announces New AI University
The Ethiopian House of People’s Representatives has officially approved a 2.34 trillion Birr federal budget for…