Following up on the Government’s recent statement regarding Ethiopia’s economic reform program, the National Bank of Ethiopia (NBE) today released an official statement announcing a major revision of the country’s foreign exchange (FX) system effective immediately. Elaborating the latest reform, Governor of NBE Mr. Mamo Mihretu stated that the reform introduces a competitive, market-based determination...Continue Reading

A delegation of investors from the UAE, headed by H.E. Dr. Abdulaziz Dawud, the Head of the Office of the President of Oromia National Regional State and Regional Cabinet Affairs, visited Gada Special Economic Zone (GSEZ). Mr. Motuma Temesgen, Director General of Gada Special Economic Zone and the GSEZ management team welcomed them at GSEZ...Continue Reading