NAIROBI (Reuters) -International banks and investors can apply for a licence to operate in Ethiopia immediately, according to a central bank statement, capping the government's drive to attract ...

Ethiopia to integrate regional forces into central army, police Ethiopia’s 10 regions currently enjoy a degree of autonomy, ranging from having their own armies to the right to use their own ...

The IMF is supporting Ethiopia’s reform efforts through a four-year $3.4 billion Extended Credit Facility Arrangement. During the 2025 IMF-World Bank Spring Meetings, Mamo Mihretu, Governor of the ...

Ethiopia's central bank floated the birr currency on Monday, a move it hopes will secure International Monetary Fund (IMF) support and enable progress on a long-delayed debt restructuring.

Ethiopia’s move to allow its currency to be traded on the open market instead of at a fixed rate could have a “transformative” impact on its economy, the country’s central bank governor ...

Addis Abeba — The National Bank of Ethiopia (NBE) has announced the launch of bi-weekly foreign exchange auctions. According to the central bank's statement, this decision aims to allocate a ...

ADDIS ABABA, April 13 (Xinhua) -- A traffic accident in Ethiopia's central region of Oromia has killed at least 15 people, a local official said on Saturday.

Some 5,000 people have been stranded for three days now by floods in central Ethiopia after the Awash River burst its banks following a week of heavy rains, the Ethiopian Herald newspaper said ...

Ethiopia gets IMF relief after easing forex curbs Addis Ababa (AFP) – Cash-strapped Ethiopia eased foreign exchange curbs on Monday as part of a broad economic reform package as the ...

Four individuals lost their lives and several others were injured in a conflict that recently erupted in the Gurage Zone, specifically in Wolkite town, which is part of the newly established ...