Source: The Reporter In a bid to break up the entrenched illicit gold trade in Tigray and revive the flow of the precious metal to the central bank, regulators are considering granting a subsidiary...
Source: The Reporter 17 billion birr allocated for farmer resettlement The Ethiopian Airlines Group is searching for an estimated USD six billion in financing for the first phase of construction of...
Source: Reuters The World Bank's board has approved $1.5 billion in financing for its first ever budget support lending to Ethiopia, the lender said late on Tuesday as the east African nation tries...
The Reporter Draft proclamation proposes raising NBE authorized capital to 20 billion birr Amendments under an upcoming re-establishment proclamation for the National Bank of Ethiopia (NBE) propose...
Source: The Reporter The state-owned Ethio-Engineering Group is set to shell out nearly five billion birr on the launch of new domestic assembly lines for heavy, dump, and pickup trucks. The former...
Cash transfer service M-PESA is eyeing a chunk of the remittances to Ethiopia which are estimated at $5 billion annually. Last year, the World Bank stated that the remittances flow to...
Source: Ethiopian Monitor ADDIS ABABA – Eleven domestic and foreign companies secured lease contracts to set up their manufacturing plants inside Ethiopian industrial parks. The Industrial Parks...
Source: Africa Business Communities Ethiopian Airlines, Africa’s largest carrier, today announced a landmark $450 million loan agreement that will finance five new Boeing aircraft: three Boeing...
Source: ZAWYA The Horn-of-Africa nation is turning to renewable energy to boost electricity coverage Ethiopia has signed an agreement with United Arab Emirates' AMEA Power for the construction of a...
