A year after floating Ethiopia’s exchange rate, Central Bank Governor Mamo Mihretu steps down. His tenure was brief, his reforms unfinished, and Ethiopia's economy questionably transformed.

Addis Ababa is cracking down on tax evasion. Trucks leaving markets now face random checkpoints, with drivers asked to show same-day receipts or delivery notes.

Addis court orders Purpose Black Ethiopia to refund home buyers, with interest & costs. Relief for some, but many more await.

Ethiopia will host the 4th African Startup Ecosystem Builders Summit (ASEB 2025) this November, planning to draw over 2,000 participants and recognize builders across 35 award categories.

Launched in the second week of August, early metrics suggest the platform is gaining traction. Fanos has recorded over 3,300 signups and more than 1,600 course enrollments.

The loan facility is intended to finance investment projects, home purchases, and vehicle acquisitions.