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Business
Banks in Ethiopia laud FX reform as key driver for financial sector growth
Addis Ababa, August 19, 2024 (FBC) - The National Bank of Ethiopia's foreign exchange (FX) administration reform, implemented as part of the broader macroeconomic reforms, has significantly…
Ethio telecom rolls out Ethiopia’s first-ever wallet-based Virtual Visa Card
Addis Ababa, August 19, 2024 (FBC) – In its strong aspiration to go beyond basic connectivity services, Ethio telecom launched new international digital money transfer services in…
AACCSA says macroeconomic reforms help tackle private sector challenges
Addis Ababa, August 18, 2024 (FBC) - In addition to promoting economic stability and fostering growth, the recent macroeconomic reforms are poised to significantly address the challenges…
Equb Financial Technologies ink partnership with Awash bank S.C. to promote digital saving in…
Addis Ababa, August 17, 2024 (FBC) – Equb Financial Technologies has signed a partnership agreement with Awash Bank S.C. to promote digital saving services in Ethiopia.
Equb Financial…
UNCTAD lauds Ethiopia’s ongoing macroeconomic reform policy as positive move
Addis Ababa, August 17, 2024 (FBC) – Ethiopia’s macroeconomic reform policy is a very positive move in strengthening the whole economic environment and building the confidence of investors,…
Ethiopia’s macroeconomic reform augments export: Business Community
Addis Ababa, August 17, 2024 (FBC) – The recent macroeconomic reform will significantly enhance the competitiveness of export and the growth of the horticultural industry, according to…
Ethiopian Airlines inaugurates Silver Lounge dedicated to ShebaMiles members
Addis Ababa, August 16, 2024 (FBC) - Ethiopian Airlines, the leading aviation group in Africa, inaugurated a Silver Lounge, an exclusive facility dedicated to ShebaMiles Silver members.…
Ethiopia, IFPMA discuss local pharmaceutical manufacturing opportunities
Addis Ababa, August 16, 2024 (FBC) – Ethiopia’s Permanent Representative to the UN Offices and other International Organizations, Ambassador Tsegab Kebebew, met with Dr. David Reddy, the…
Ethiopia’s recent macroeconomic reform a springboard for flow of FDI
Addis Ababa, August 16, 2024 (FBC) – The full implementation of macroeconomic reform policy in Ethiopia is a big change to further place the country as a more favorable destination for…
Gov’t offering extensive fiscal, non-fiscal incentives for renewable energy
Addis Ababa, August 16, 2024 (FBC) – Ethiopia has been offering extensive fiscal and non-fiscal incentives for investments in renewable energy as it has identified the energy sector among…