bussines news

Addis Ababa 25/6/2015 (Naketemi) The discussion was held to review the performance of the seven months of the fiscal year, discussed the problems faced and to create a better system and service for the sender. The Minister of Trade Relations and Expenditure Trade Promotion Sector Mr. Kasahun Gofe has stated that working closely with the …

The Ministry of Trade and Continuous Relations has held a meeting with exporters of cotton, oil grain and standing animals regarding the implementation of cost trade plan and issues that can improve cost trade in the past 7 months. Read More »

Under the EBA, all of Ethiopia’s exports to the EU (except arms and ammunition) are tariff and quota free! So, Ethiopia 🇪🇹 has enjoyed liberalised, unilateral and non-reciprocal access to the EU market for the past 22 years.

H.E Ambassador Birtukan Ayano, State Minister at MOFA, D/Commissioner at EIC H.E Daniel Teressa, and the Ethiopian Ambassador to Pakistan H.E Amb. Jemal Baker warmly welcomed the delegation at the airport. During their stay, the delegation consisting of more than 70 investors and government officials delegates will explore investment and business opportunities in Ethiopia.

The national macroeconomic committee met this morning to evaluate overall economic situation and activities of the country. #PMOEthiopia

The National Bank of Ethiopia has issued guidelines that will re-impose the limit on the amount of money that can be moved in a day through mobile money services. The draft directive increases the amount of money that customers using mobile money services can hold in their accounts from 100 to 233 percent. This draft, …

A limit will be placed on the amount of money that can be transferred through mobile money service Read More »

Now the price that banks are offering has also outspensed the black market, and the high foreign exchange shortage in the country is understandable from her earlier exploration that the Ethiopian National Bank, which pays banks in Ethiopia, particularly the private exchange rate, to customers demanding the exchange, is more than the price tag set …

The dollar is being sold for up to 115 ETB through banks. Read More »

The Ethiopian delegation met with key Chinese financial institutions (FIs) and creditors during the recent official visit to Beijing. The delegation had excellent discussions with the EximBank of China, Industrial and Commercial Bank of China, China Development Bank, China Export and Credit Insurance Corporation/Sinosure, and China International Development Cooperation Agency/CIDCA. The Ethiopian delegation and FIs …

Ethiopian Delegation Met with key Chinese Financial Institution to Deepen Investment collaboration. Read More »