Habesha news that matters to the diaspora: achievements, business, community, culture, and the policies that affect us. Refreshed daily.
The National Bank of Ethiopia is seeking bids for development of a financial services price comparator tool, reflecting ongoing modernization of Ethiopia's financial infrastructure.
Ethiopia's foreign exchange auctions in August saw sharp declines in participating commercial banks, dropping from 28 to just 5 lenders by month's end, signaling potential liquidity challenges in the banking sector.
Ethiopia's inflation rate rose to 15.3 percent in July, driven by significant price increases in sugar, oil, and wheat, marking a 1.4 percentage point increase from the previous month.
A Washington D.C. Ethiopian pizza restaurant demonstrates how Ethiopian culinary traditions are creating innovative dining experiences and cultural bridges in American cities.
Ethiopian Airlines CEO Mesfin Tasew clarified that his upcoming retirement follows multiple government-requested term extensions, having originally been due to step down three years ago at the mandatory retirement age.
Ethiopian Airlines reports that substantial revenue from ticket sales in Eritrea remains frozen due to deteriorating political relations between the two countries, hampering the airline's operational and repair capabilities.
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