Addis Ababa: African countries must work hand in hand to realize the African Continental Free Trade Area (AfCFTA) as it is a very important agreement that enables African countries to deal without customs, administrative, and bureaucratic constraints,…
Addis Ababa: The National Bank of Ethiopia (NBE) announced that it has concluded the Special Foreign Exchange Auction held today with a weighted average rate of Birr 107.9 per USD.
In its statement, the central bank said the auction saw the participa…
Addis Ababa: The Ethiopian Securities Exchange (ESX) will commence its operation in October 2024, ESX Director-General Tilahun Kassahun told the Ethiopian News Agency.
He said that preparations, including collecting finances, have been carried out to…
Addis Ababa: The Macroeconomic reform policy which Ethiopia has embarked on has created great opportunity for competitive investment in the country, Indian investor Mayur Kothari said.
Speaking to ENA, Chairperson of Indian Mohan Group PLC in Ethiopi…
This year’s construction progress of housing scheme for the elderly and economically vulnerable communities around Aware area in Addis Ababa exemplifies a shift in work culture, merging quality with speed, Prime Minister Abiy Ahmed stated in social m…
The National Bank of Ethiopia (NBE) announced that it will be conducting a Special Foreign Exchange Auction tomorrow on August 7, 2024.
Depending on market conditions, additional foreign exchange auction may be conducted over the coming weeks, it re…