NEWS: NBE Removes Credit Cap, Reduces FX commission rate, Raises Policy Rate Amid Inflation Pressure

NEWS: Ethiopia Exports Hit Record USD 10.7bn, Beating Target by 14%

NEWS: OLA Energy Acquires Nearly 120 TotalEnergies Stations in Ethiopia

NEWS: CBE Reports Birr 80bn Profit as Deposits Top Birr 2.4tn

NEWS: Ethiopia Exceeds USD 3bn Coffee Export Target Within Fiscal Year

NEWS: IMF Approves USD 464m Ethiopia Disbursement as ECF Support Hits USD 2.65bn

NEWS: Awash Bank Posts Birr 40.7bn Profit After ESX Listing

NEWS: Ethiopia Flags 374,229 Non-Compliant Businesses After 2.89m Inspections

NEWS: Dangote Signs USD 400m XCMG Deal for Refinery Expansion

NEWS: Ethiopia’s 100,000 EVs Push Insurers Toward Risk-Based Pricing

Regulations - Transport

Addis Ababa to Fine Taxis and Regulate Business Hours Under New Citywide Directive

Apr 11, 2025

Taxis that do not operate until 10:00 PM in Addis Ababa will face a fine of 5,000 birr
Banks are also now required to remain open until 9:30 PM, a significant extension from the previous closing time of 5:00 PM
commercial and service-providing businesses located along major roads remain open until 9:30 PM