News - Financial
Will steer 10 billion Br to small- and medium-size enterprises, four billion Birr to finance smartphones and other devices, and 1. 3 billion Br …
May 01, 2025
Latest News
News - Financial
the same rating it issued after Ethiopia failed to pay the first USD 33 million coupon on its USD one billion Eurobond in December …
May 01, 2025
Diesel/Gasoline
- Kerchanshe_Auto, the motor vehicles division of the Kerchanshe Group, will soon start the work of assembling Geely vehicles locally
Apr 30, 2025
News - Financial
The directive allows foreign investors to engage in the export trade of raw coffee, khat, oilseeds, pulses, hides and skins, forest products, poultry, and …
Apr 14, 2025
Electric
China’s Golden Dragon Bus has delivered 100 electric buses to Ethiopia’s Belayneh Kindie Group (BKG)
Golden Dragon’s presence in the country has expanded steadily, with nearly 900 new energy buses now in operation across EthiopiaGolden Dragon and BKG began …
Apr 11, 2025
Regulations - Transport
Taxis that do not operate until 10:00 PM in Addis Ababa will face a fine of 5,000 birrBanks are also now required to remain …
Apr 11, 2025
Regulations - Financial
The National Bank of Ethiopia (NBE) confirmed the repeal of the decades-old Establishment Proclamation No. 691/2000, replacing it with the more robust NBE Proclamation …
Apr 09, 2025
News - Transport
The new prices mark significant hikes from the last adjustment on January 7, 2025, which held steady through FebruaryFuel typeold price(Birr)new price(Birr)% changeGasoline101. 47112. …
Apr 09, 2025
Regulations - Financial
The event, jointly organized by government institutions, the private sector, and development partners, is expected to draw over 1,000 global participants, according to the …
Apr 08, 2025
News - Financial
- The directive mandates a minimum paid-up capital of five billion birr—approximately 39. 7 million US dollars at the current average exchange rate of …
Apr 08, 2025
News - Financial
- This decision aims to allocate a portion of the foreign exchange accumulated at the NBE to the private sector. - The auctions will …
Apr 08, 2025
News - Financial
CBE Capital SC and Wegagen Capital Investment Bank SC have acquired investment banking licenses
Apr 07, 2025
Electric
- This expansion into Ethiopia, Green Motion’s 80th destination, follows a two-year negoti
Apr 07, 2025
News - Transport
- EDR has successfully obtained a Multimodal Transport Operation (MTO) license, marking its official entry into the competitive logistics sector- A year prior, EMA …
Apr 06, 2025
Electric
- Featuring three charging modalities, the station can simultaneously charge up to 32 electric vehicles, ensuring convenience and efficien
Apr 06, 2025
News - Financial
- The service, set to begin on February 24, 2025, is also being rolled out in Morocco, Egypt, Tanzania, Algeria, and South Africa.- The …
Apr 06, 2025
News - Financial
Officials want to see ESX host at least 90 initial public offerings (IPOs) in the coming years. Shares, equity, and debt securities will be …
Apr 06, 2025
News - Financial
Earlier this year, the cap was increased 14% to 18% due to declining inflation, tight monetary conditions, and improved supply-side factors. Prior to the …
Apr 06, 2025
Apr 06, 2025