Is the Ethiopian Birr going up or down against the Pound? A: Today's exchange rate (0.0063) is lower compared to yesterday's rate (0.0064). Q: What is 50 Ethiopian Birr in Pounds? A: 50 Ethiopian ...

Kenya's biggest telecoms operator, Safaricom, lowered its full-year earnings guidance on Thursday, after reporting a sharp ...

In a policy shift aimed at enhancing foreign currency flexibility for exporters, the National Bank of Ethiopia (NBE) announced that exporters would be allowed to retain 50 percent of the foreign ...

Kenya’s biggest telecoms operator, Safaricom has experienced a shortfall in earnings following a sharp fall in net income as ...

Following the implementation of comprehensive macroeconomic reform across various sectors, significant strides have been made in Ethiopia's foreign exchange sector, according to Minister of Finance ...

Ethiopia will keep interest rates high for the rest of the year to combat transitory inflation caused by an overhaul of its foreign exchange policy, central bank Governor Mamo E. Mihretu said. The ...

Fitch Ratings has upgraded Ethiopia’s credit rating due to easing financial pressures. In its latest rating note, Fitch ...

Ethiopia, in a major move, recently introduced a macroeconomic reform policy to address the country’s long-standing economic problems by implementing a competitive, market-based exchange rate ...

The Ethiopian Commodity Exchange (ECX) has introduced a new pricing mechanism for coffee sold on its trading floor but exporters say the changes do not ...