Jul 16, 2026 | 2M Editor | Banking and Finance
Ethiopia’s foreign exchange reserves are projected to approach USD 6 billion by the end of the 2025/26 fiscal year, according to the International Monetary Fund (IMF), reflecting continued progress under...
Read moreJul 16, 2026 | 2M Editor | Latest Business Alerts
The Immigration and Citizenship Service collected more than Birr 42.7 billion in revenue from passport, visa, and other immigration related services during the 2025/26 fiscal year.
Read moreJul 14, 2026 | 2M Editor | Latest Business Alerts
Addis Ababa attracted more than Birr 1.3 trillion in capital investment over the past five years, supported by projects in manufacturing, infrastructure, tourism, technology, services and public-private partnerships, Mayor Adanech...
Read moreJul 13, 2026 | 2M Editor | Energy and Mining
Ethiopia has granted regulatory approval for Zijin Gold International’s USD 4 billion acquisition of Allied Gold Corporation, allowing the transaction to move closer to completion.
Read moreJul 13, 2026 | 2M Editor | Banking and Finance
The National Bank of Ethiopia (NBE) has removed the credit growth cap imposed on commercial banks and raised its policy interest rate by one percentage point as part of measures...
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