NBE announces sale of $175M to the foreign exchange market
Addis Ababa, October 3, 2024 (FBC) – The National Bank of Ethiopia (NBE) announced today that it has allocated and will sell $175mn to the foreign exchange market to help address…
New Airport to Boost Connectivity, Make Addis Aviation Hub: CEO
Ethiopian Airlines’ new airport will boost its connectivity and promote the capital Addis Ababa to become an aviation and air transport hub, said Ethiopian Airlines Group CEO Mesfin Tassew.…
Addis Ababa Police announce temporary road closures for Irreechaa festival
Addis Ababa, October 3, 2024 (FBC) – The Addis Ababa Police Department has announced the closure of certain highways and roads to vehicular traffic in order to prevent congestion during the…
Ethiopia, Cyprus explore ways to elevate bilateral ties
Addis Ababa, October 3, 2024 (FBC) - Demitu Hambisa, Ambassador Extraordinary and Plenipotentiary of the Federal Republic to the Republic of Cyprus with residence in Rome held discussion…
President Sahle-Work stresses need to utilize Africa’s indigenous Knowledge for a just, equitable…
Addis Ababa, October 3, 2024 (FBC) - A three-day (30 September-02 October 2024) International Forum of UNESCO Chairs and Partners convened by the African Union Commission and the United…
Minister stresses the need to modernize logistics sector to global standards
Addis Ababa, October 3, 2024 (FBC) - To achieve national growth through the implementation of local economic reforms, Ethiopia's logistics and railway sectors must be upgraded to meet global…
Ethiopia selected to host 2027 FIATA world congress in Addis Ababa
Addis Ababa, October 3, 2024 (FBC) – The Ethiopian Freight Forwarder and Shipping Agents Association (EFFSAA) has been selected to host the prestigious 2027 FIATA World Congress, marking a…
Ethiopia’s Foreign Exchange Administration Measures Yield Significant Results: NBE Governor
Addis Ababa, October 3, 2024 (FBC) - The implementation of Ethiopia's comprehensive macroeconomic reform, particularly the foreign exchange administration, have begun to deliver positive…
India vows to strengthen bilateral ties with Ethiopia
Addis Ababa, October 2, 2024 (FBC) - The Indian Ambassador to Ethiopia has reiterated his country’s commitment to cement historic bilateral ties with Ethiopia in various fields of…
Finance Minister highlights positive impact of macroeconomic reforms on Ethiopia’s economy
Addis Ababa, September 22, 2017 (FBC) - Minister of Finance Ahmed Shede announced that the full implementation of macroeconomic reforms has led to improved economic performance over the past…