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…
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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…
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…
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…
Ethiopia Registers 8.1 Percent Economic Growth During Concluded Fiscal Year
Addis Ababa, October 2, 2024 (FBC) - Ethiopia has registered 8.1 percent economic growth during the concluded Ethiopian Fiscal Year, Planning and Development Minister Fisum Assefa revealed.…
NBE grants operational licenses to five non-bank forex bureaus
Addis Ababa, October 2, 2024 (FBC) – The National Bank of Ethiopia (NBE) announced that five companies that applied for licenses and fulfilled the minimum requirements set by the Bank per…
Ethiopia holds Global Investors Call to present update on ongoing economic reforms
Addis Ababa, Ethiopia, October 2, 2024 (FBC) – The government of Ethiopia held a Global Investors Call with its eurobond holders on October 1st, 2024, the country’s Ministry of Finance (MoF)…
PM Abiy Ahmed commends results of new macro policy measures
Addis Ababa, October 2, 2024 (FBC) - The macroeconomic committee met this morning to review the performance of the new macro policy measures introduced as part of our homegrown economic…
Ethiopia key player in continental, regional peace: Amb. Designate of Denmark
Addis Ababa, October 2, 2024 (FBC) - Ethiopia plays a vital role in the peace and security of the African continent as well as the Horn of Africa, in particular, Denmark’s Ambassador…
Ethiopian Gov’t, Dev’t Partners discuss macroeconomic reforms
Addis Ababa, October 1, 2024 (FBC) - The Government of Ethiopia, in collaboration with the Development Partners Group (DPG), held a high-level meeting today at the Ministry of Finance to…