The National Election Board of Ethiopia (NEBE) has announced that vote counting at all polling stations has been completed and results posted. Consolidation efforts are now actively underway at the constituency level. Ethiopia’s electoral process operates under a multi-stage system managed by NEBE, the constitutionally mandated body responsible for conducting free and fair elections. The […]

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Ethiopia’s central bank has allocated 200 million US dollars for two foreign exchange auctions in June, extending a market-based currency allocation system that has become one of the main instruments of the country’s post-2024 exchange rate reforms. The National Bank of Ethiopia said it would offer 100 million US dollars on June 9 and another […]

Ethiopia’s central bank has allocated 200 million US dollars for two foreign exchange auctions in June, extending a market-based currency allocation system that has become one of the main instruments of the country’s post-2024 exchange rate reforms. The National Bank of Ethiopia said it would offer 100 million US dollars on June 9 and another […]

African Export-Import Bank posted a 25 percent increase in first-quarter profit as the lender expanded its financing activities across Africa and the Caribbean while maintaining strong liquidity and capital levels. Net income for the three months ended March 31 rose to 268.9 million US dollars, compared with 215.4 million US dollars in the same period […]

African Export-Import Bank posted a 25 percent increase in first-quarter profit as the lender expanded its financing activities across Africa and the Caribbean while maintaining strong liquidity and capital levels. Net income for the three months ended March 31 rose to 268.9 million US dollars, compared with 215.4 million US dollars in the same period […]

Deutsche Gesellschaft für Internationale Zusammenarbeit has signalled interest in collaborating on post-conflict environmental rehabilitation projects in Ethiopia, including in Awash National Park and Kafta Sheraro National Park, as the agency expands its conservation and climate resilience work across the country. The proposal was presented during the BIODEV2030 Phase II Legacy Workshop organised by the International […]

Deutsche Gesellschaft für Internationale Zusammenarbeit has signalled interest in collaborating on post-conflict environmental rehabilitation projects in Ethiopia, including in Awash National Park and Kafta Sheraro National Park, as the agency expands its conservation and climate resilience work across the country. The proposal was presented during the BIODEV2030 Phase II Legacy Workshop organised by the International […]

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Amhara Bank will suspend all major customer-facing services for two days as it carries out a scheduled system upgrade, even as the lender continues to post rapid balance sheet growth alongside an ongoing transition in its senior leadership. The shutdown will begin on Friday at 6:00am and run until Sunday at 12:00am, according to a […]