Ethiopian Airline fleet at Bole International Airport. Photo: ©Aviation online/Screenshot
Addis Abeba - The US Export-Import Bank said its board of directors have unanimously approved on Thursday a $281 million loan to Ethiopian Airlines Group to buy Boeing passenger and cargo airplanes.
The bank said
CBE Alamata Branch in Southern Tigray regional state. Photo: Social Media
Addis Abeba - Commercial Bank of Ethiopia (CBE) said it has reopened branches and resumed banking services in Shire, Alamata and Korem, allowing people to deposit money and receive funds sent to them including
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Addis Abeba - FitchRatings has downgraded Ethiopia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC-' from 'CCC'. Fitch typically does not assign Outlooks to sovereigns with a rating of 'CCC'