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Hilton Awarded by World Travel as Ethiopia’s Leadi…

Oct 18, 2017 | 2M Editor | Latest Business Alerts

Hilton Awarded by World Travel as Ethiopia’s Leading Hotel

Hilton Addis Ababa has been honored with Ethiopia’s Leading Hotel 2017 awarded by World Travel awards for the fourth time since 2014. The award was presented at the prestigious and...

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Ethiopia: NBE Rescheduled Secondary Capital Market…

Oct 18, 2017 | 2M Editor | Latest Business Alerts

Ethiopia’s central bank, National Bank of Ethiopia (NBE) disclosed it has rescheduled the start of the long waited secondary capital market. The plan was initially to establish the market by...

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Ethiopia: Itel Envisages 40 Million USD Worth Expo…

Oct 18, 2017 | 2M Editor | Latest Business Alerts

Itel Mobile Ethiopia disclosed it aims to generate 40 million USD from the export of mobile phones it assembles in the Horn of Africa Nation.

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Ethiopia: ECX Traded 1.3 Billion Worth, Coffee, Se…

Oct 18, 2017 | 2M Editor | Latest Business Alerts

Ethiopia: ECX Traded 1.3 Billion Worth, Coffee, Sesame and Pea Beans

Ethiopian Commodity Exchange (ECX) traded 1.3 billion Birr worth coffee, sesame and pea beans in the month of September. The total volume of the traded coffee, sesame and pea beans...

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Ethiopia: Bereket Resigned from CBE Board Chairman…

Oct 16, 2017 | 2M Editor | Latest Business Alerts

Commercial Bank of Ethiopia’s Board Chairman, Bereket Simon, resigned from his position and hand over to Yinager Dessie (PhD), Commissioner of the National Planning Commission.

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Exchange Rates

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USD US 27.5133  26.9738 
EUR EU 32.3364  31.6996 
GBP UK 36.2047  35.484 
CAD CA 21.9649  21.5239 
CHF CHE 27.9948  27.4403 
AED UAE 7.4909  7.3438