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Ethiopia: Commission Won the 2017 United Nations A…

Nov 22, 2017 | 2M Editor | Latest Business Alerts

Ethiopian Investment Commission (EIC) was awarded the ‘2017 United Nations Award’ for “outstanding performance in targeted promotion, facilitation and execution of sustainable investment projects” at Geneva, Switzerland.

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Ethiopia Building another Agro-Processing Industri…

Nov 22, 2017 | 2M Editor | Latest Business Alerts

The construction of Bae’her Agro Processing Industrial Park has been started after being delayed for a year. The industrial park is being constructed in Western Tigray Zone, Tigray State.

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Ethiopia’s President Awarded 10 Exporters

Nov 22, 2017 | 2M Editor | Latest Business Alerts

Ethiopia’s Head of State, President Mulatu Teshome (PhD), awarded 10 exporters that brought more than 150 million USD from the export of pulses, oil seeds and spices.

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Ethiopia to Review VAT, TOT and Excise Tax

Nov 21, 2017 | 2M Editor | Latest Business Alerts

Ministry of Finance and Economic Cooperation will conduct a study in collaboration with Ethiopian Revenue and Customs Authority (ERCA) to amend the Turn Over Tax (ToT), Value Added Tax (VAT)...

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Ethiopia: MFIs Disbursed 26.6 Billion Birr Loan La…

Nov 21, 2017 | 2M Editor | Latest Business Alerts

National bank of Ethiopia (NBE) disclosed microfinance institutions (MFIs) across the country disbursed 26.6 billion Birr loan in the last fiscal year. The loans were given through 35 MFIs.

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Exchange Rates

Selling Buying
USD US 27.6813  27.1385 
GBP UK 36.6611  35.9341 
EUR EU 32.5144  31.8742 
CHF CHE 28.0005  27.4403 
CAD CA 21.7074  21.2718 
AED UAE 7.5366  7.3886