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, …
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 …
(Addis Ababa, February 27/2023) C, Ministry of Agriculture) Agriculture minister Girma Amente (Dr) has discussed with the ambassador of China Zaho Ziyuan about the comprehensive support China will do to modernize Ethiopia’s agriculture sector. In their discussion, they mentioned that China will provide capacity building training for professionals working in the field to modernize the …
An opportunity to learn from the best experiences across IPAs to cater more to the demands of our esteemed investors. EIC will proactively engage with WAIPA and its member states in investment promotion, facilitation, aftercare, and advocacy works.
Ethiopian Delegation lead by H.E. Ahmed Shide, Minister of Finance of the Federal Democratic Republic of Ethiopia, visited the Headquarter of Alibaba Group in Beijing. On the occasion, he had a meeting with Mr. Liu Nan, Vice President of Alibaba Group. The Delegation visited the Exhibition Hall on the history, development and future projection of …
H.E. Ahmed Shide visited the Headquarter of Alibaba Group in Beijing Read More »
February 16/2015 M(E. M) BEACA General Business Management Limited and Shakman International Automotive Manufacturing Company are going to start installing heavy machinery and vehicles in Ethiopia.The Minister of Industry Mr. Melaku Alebel, who spoke at the start of the joint cooperation between the two companies, said that the role of the logistic problem in the …
