Ethiopia has secured a currency swap agreement with China, enabling trade in Ethiopian Birr and Chinese Yuan as both countries seek to deepen economic ties and address foreign exchange shortages.
Ethiopia's central bank will put 840 million US dollars up for grabs in six foreign exchange auctions during the second quarter of the 2026/27 fiscal year.
Ethiopia’s central bank is shaking up the foreign exchange market with scheduled USD 125 million auctions. Banks and businesses now get a clearer shot at hard currency.
Biogas still struggles to catch on in rural Northern Ethiopia. New research shows social, economic, and behavioral hurdles are blocking the energy shift.
The 25-year prison sentence for Getnet Baye after the rape and murder of seven-year-old Heaven Awot has triggered a wave of anger and demands for harsher justice across Ethiopia.
