The Ethiopian Deposit Insurance Fund (EDIF) has announced that it is working on a new payout mechanism designed to support depositors, particularly first-time savers.

The Addis Ababa City Council, in its 4th regular session now on its second day, has approved the city’s 2025/26 fiscal year ...

Ato Bero highlighted that many residents of Addis Ababa live in shared housing, preventing them from charging their vehicles at home. As a result, additional charging stations are needed in ...

Ethiopia’s Ministry of Finance, in partnership with the Ethiopian Railways Corporation, has issued an invitation for global and local investors to express interest in the development of the Indode ...

The National Bank of Ethiopia (NBE) has marked the first anniversary of its Open Market Operations (OMO) auctions, reporting a record trade of Birr 579.4 billion over the past year.

The Ethiopian Coffee and Tea Authority has announced that the country earned more than USD 2.24 billion in revenue from ...

Wegagen Capital Investment Bank has executed the first inter-broker trades of Government Treasury Bills and listed securities on the Ethiopian Securities Exchange (ESX). The trades took place as part ...

Ethiopia has been officially added to China’s list of approved soybean exporters, a move that deepens bilateral trade and ...

According to the new rate, Birr 100 is equivalent to Ruble 57.5872. The Russian Central Bank also assigned the Ethiopian birr the code number 230 in its official currency list.

A new tourism website aimed at enhancing the digital presence of Ethiopia’s travel sector has officially been launched. Developed by the Information Network Security Administration (INSA) in ...

The Ethiopian Deposit Insurance Fund (EDIF) has announced it has collected Birr 13.84 billion in initial and annual premiums from member financial institutions over the past two years. The update was ...

The Ministry of Labor and Skills (MoLS) has announced plans to establish incubation and acceleration centers in 100 Technical and Vocational Education and Training (TVET) colleges next year, aiming to ...