Ethiopia’s prime minister says the Grand Ethiopian Renaissance Dam on the Nile has been completed. Egypt has long opposed the dam, calling it an existential threat to its water supply.

Ethiopia's Prime Minister Abiy Ahmed on Thursday said a multi-billion-dollar mega-dam on the Blue Nile that has long worried ...

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The IMF is supporting Ethiopia’s reform efforts through a four-year $3.4 billion Extended Credit Facility Arrangement. During the 2025 IMF-World Bank Spring Meetings, Mamo Mihretu, Governor of the ...

MINSK, 11 April (BelTA) - The National Center for Marketing and Price Study plans to organize a collective exposition of Belarus at the International trade show Ethiopia Agrofood, which is set to ...

It was the emperor Haile Selassie who brought in more European and Israeli architects in the 1960s to design the city’s landmarks — including the National Bank of Ethiopia, Africa Hall and the ...

Addis Ababa, February 25, 2025 (ENA)—The National Bank of Ethiopia (NBE) hereby announces the results of the Special Foreign Exchange Auction held today, February 25, 2024.

ADDIS ABABA, Feb 24 (Reuters) – Ethiopia’s central bank said on Monday it was conducting a foreign exchange auction for $60 million, with the sale open to all banks.

WASHINGTON, December 19, 2024 – The World Bank will be significantly scaling up its support for Ethiopia’s financial sector thanks to a newly approved $700 million credit from the International ...

There are currently 32 commercial banks operating in Ethiopia, which as per the latest statistics from the National Bank of Ethiopia (the monetary regulator), hold Sh2.44 trillion worth of ...

Of Ethiopia’s regions, Tigray leads the way in exploration and commercial licensing, with over 90 licensed gold mining companies. Tigray was among the biggest suppliers of gold to the National Bank of ...