Ethiopia’s currency slide hits Safaricom’s expansion
In July 29th 2024, the Ethiopian government announced its decision to adopt a floating exchange rate policy, a move it hoped ...
Wednesday, January 15, 2025
Tag: Ethiopia
IMF approves $3.4 billion loan package for Ethiopia
The International Monetary Fund has approved a $3.4bn loan package for Ethiopia, marking a significant step in the country's efforts ...
Ethiopia opens banking sector to foreign investment
The Council of Ministers in Ethiopia has approved two draft proclamations integral to the National Bank of Ethiopia’s (NBE) economic ...
Kenya accelerates Lapsset projects to court Ethiopia’s interest
Kenya and Ethiopia have committed to collaborating on enhancing security measures, revising tariffs, and expediting the construction of infrastructure projects ...
Safaricom Ethiopia revenues nearly triple as mobile money soars
Safaricom Ethiopia has reported rapid growth since launching commercial operations just over a year ago, with M-PESA proving an instant ...
Ethiopia sets legal framework for capital market service providers
Ethiopia's capital market regulator announced on Monday that it has registered a new directive that will provide a legal framework ...
AU chair Faki Mahamat urges respect between Ethiopia-Somalia
The Chairperson of the Commission of the African Union, H.E Moussa Faki Mahamat, calls for calm and mutual respect to ...
Somalia recalls ambassador, rejects Ethiopia port deal
Somalia rejected an agreement inked on Monday between Ethiopia and its autonomous region, Somaliland, in a hastily convened session on ...
Ethiopia signs agreement with Somaliland paving way to sea access
Landlocked Ethiopia has signed an initial agreement with Somaliland to use its Red Sea port of Berbera, Prime Minister Abiy ...
African Development Bank withdraws international staff from Ethiopia
The African Development Bank has decided to immediately withdraw all its international staff from Ethiopia after two members were unlawfully ...
