The Ethiopian Deposit Insurance Fund (EDIF) has announced that it is working on a new payout mechanism designed to support depositors, particularly first-time savers.

Ato Bero highlighted that many residents of Addis Ababa live in shared housing, preventing them from charging their vehicles at home. As a result, additional charging stations are needed in ...

Ethiopia’s Ministry of Finance, in partnership with the Ethiopian Railways Corporation, has issued an invitation for global and local investors to express interest in the development of the Indode ...

The Addis Ababa City Council, in its 4th regular session now on its second day, has approved the city’s 2025/26 fiscal year ...

Wegagen Capital Investment Bank has executed the first inter-broker trades of Government Treasury Bills and listed securities on the Ethiopian Securities Exchange (ESX). The trades took place as part ...

The National Bank of Ethiopia (NBE) has marked the first anniversary of its Open Market Operations (OMO) auctions, reporting a record trade of Birr 579.4 billion over the past year.

The Central Bank of Russia has officially set the exchange rate of the Ethiopian birr against the Russian ruble, paving the way for direct trade and financial transactions between the two countries.

Ethiopian Stock Exchange (ESX) has officially commenced trading. The launch event, held today, was attended by senior government officials, bank presidents, and development partners.

The Ministry of Labor and Skills (MoLS) has announced plans to establish incubation and acceleration centers in 100 Technical and Vocational Education and Training (TVET) colleges next year, aiming to ...