Ethiopian financial year runs from July 8 to July 7. The inflow marked a 30 percent increase when compared with the previous fiscal year, which was $24.7 billion. Mr Mamo said the positive ...

Private banks in Ethiopia are praising the government's macroeconomic reform agenda, describing it as a turning point in modernizing the financial sector, improving efficiency, and driving inclusive ...

Ethiopia has disclosed that it has secured a record 32.1 billion US dollars from foreign revenue sources in the 2024/25 fiscal year.

Ethiopia is taking bold steps toward economic self-reliance as two mega projects, the Abbay Dam and a domestic fuel production plant, near completion, the Ministry of Planning and Development (MoPD) ...

Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, has raised concern over continued dollarisation of the economy ...

F or the past couple of years much of Addis Ababa, Ethiopia’s capital, was reduced to rubble by demolitions. Now luxury ...

Exchange rate gap narrows The gap between official and parallel market rates narrowed to N34 per dollar as average monthly foreign exchange (forex) inflows hit $5.95 billion.

Remittances from Egyptians working abroad surged by 69.6 percent year-on-year from July 2024 to May 2025, reaching ...

On Friday, US-based spot Bitcoin ETFs saw inflows of $1.03 billion, following $1.17 billion in inflows on Thursday, marking the first time these US products have posted back-to-back inflows above ...

CHICAGO — Boeing reached a settlement Friday with a Canadian man whose wife and three children were killed in a deadly 2019 crash in Ethiopia, averting the first trial connected to a devastating ...

Boeing settles with a man whose family died in a 737 Max crash in Ethiopia “I stay up nights thinking of the horror that they must have endured,” Njoroge has said.