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A service for FOREX trading professionals · Tuesday, May 20, 2025 · 814,361,927 Articles · 3+ Million Readers
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Ethiopian Birr (ETB) News Monitoring

  • Published on 11:14 GMT

    Central Bank Tweaks Rates While the Birr Holds Its Breath

    The foreign exchange market had a telling week, and the story was all in the margins. Last week, the Central Bank nudged its official cash-buying rate from 130.47 Br to 132.17 Br for a dollar, a small but steady slide that reaffirmed the Brewed Buck's …

    Source: Addis Fortune - Neutral
  • Published on May 19, 2025

    Data tops Safaricom Ethiopia earnings as unit eyes profit

    Woman from Borana tribe using a mobile phone, in a village in Southern Ethiopia, Africa. [Courtesy/GettyImages] Safaricom’s earnings in Ethiopia were largely driven by mobile data last year, whose revenues accounted for more than 50 per cent of the …

    Source: The Standard - Indeterminate
  • Published on May 19, 2025

    Ethiopia signs five investment deal on mining, energy sector

    The government of Ethiopia has signed five major investment agreements aimed at strengthening the country’s mining and energy industries. The Ministry of Finance made the announcement and said the deal totaled more than $1.6 billion (equivalent to 214.99 …

    Source: Skillings Mining Review - Florida - Pending
  • Published on May 19, 2025

    Ethiopia’s economic reforms: Pragmatism...

    Ethiopia is undergoing a pivotal economic transformation as it implements bold macroeconomic reforms aimed at stabilizing the economy and fostering sustainable growth. Since July 2024, the government has embarked on a comprehensive agenda to liberalize the …

    Source: Capital Ethiopia - Indeterminate
  • Published on May 15, 2025

    Ethiopian Birr: World’s 3rd Worst Currency Due to Sharp Depreciation

    The pursuit of economic stability and poverty reduction has been greatly hindered by the presence of political instability and conflict crises. These challenges have presented substantial risks that impede progress in these areas. (TH) – This week’s …

    Source: Zehabesha - Indeterminate
  • Published on May 17, 2025

    The State of Startups in Ethiopia: Lessons, Opportunities, and Future Prospects

    Just last year, Ethiopia introduced a draft Startup Ecosystem Development Policy aimed at encouraging and supporting innovation and entrepreneurship. The draft policy aims to provide tailored support to startups at different stages of their lifecycle, from …

    Source: The Reporter Ethiopia - Neutral
  • Published on May 19, 2025

    Irrigation crisis threatens Ethiopia’s...

    Ethiopia’s plan to modernize its sugar industry through large-scale irrigation projects is facing serious challenges that jeopardize the country’s goal of self-sufficiency and becoming a sugar exporter. A recent study presented at a workshop on May 15, …

    Source: Capital Ethiopia - Indeterminate
  • Published on May 19, 2025

    Expression of Interest (EOI)...

    Project Title: Consultancy Services for Training Package and Software Supply Background The Ethio-Djibouti Railway Share Company (EDR) is inviting Expressions of Interest (EOI) from qualified consultancy firms for the supply of licensed engineering …

    Source: Capital Ethiopia - Indeterminate
  • Published on May 15, 2025

    Negarit: 325: Is’t Time for Another Cyclical War in the Horn of Africa?

    It’s a strange blessing for the Horn of Africa—especially Eritrea—that Abiy Ahmed is tethered by Ethiopia’s massive debts to the IMF and World Bank. The Ethiopian National Bank is suffocating under a load of non-performing loans accumulated over decades. …

    Source: Awate - Center-left
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