Reasons for which people require the Fayda digital ID in Ethiopia are increasing by the day. Since its launch in 2022, the ...

National Bank of Ethiopia (NBE) has maintained tight monetary and financial conditions, and modernisation of the monetary ...

The IMF Executive Board completed the second review of the arrangement under the Extended Credit Facility (ECF) for Ethiopia, allowing the authorities to draw the equivalent of about US$248 million ...

Ethiopia’s reform efforts are supported by international development partners. The IMF has committed $3.4 billion to support the country’s medium-term program, while the World Bank has pledged $3.75 ...

The International Monetary Fund has commended the National Bank of Ethiopia (NBE) for implementing reforms that expedited the ...

Abu Dhabi-listed Phoenix Group has signed an 80-megawatt (MW) power purchase agreement (PPA) in Ethiopia, marking its expansion into the African market. The agreement, made in collaboration with Data7 ...

A program office under the Office of the Prime Minister obliges all shareholders to hold a national ID card in order to conduct the mandatory digital ...

The Gambella Regional Mineral and Energy Resources Agency has announced the delivery of over 27 quintals (2,747 kilograms) of ...

After decades of trying to do so, Ethiopia is now on course to launch its first-ever stock exchange later this year ...