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The birr (Amharic: ብር) is the primary unit of currency in Ethiopia.It is subdivided into 100 santims.. In 1931, Emperor Haile Selassie formally requested that the international community use the name Ethiopia (as it had already been known internally for at least 1,600 years [2]) instead of the exonym Abyssinia, and the issuing Bank of Abyssinia also became the Bank of Ethiopia.
Fayda ID has its basis on the Ethiopian 10 year development plan, [4] Home Grown Economic Reform, Digital Strategy 2025 a comprehensive digital transformation strategy in Ethiopia. [5] It aims to register all eligible Ethiopians by implementing a nationwide biometric digital ID system. [6] Fayda ID is an implementation of the open source ...
This is a list of the bird species recorded in Ethiopia. The avifauna of Ethiopia included a total of 880 confirmed species as of August 2021. Of them, 20 are endemic , one has been introduced by humans, and the statuses of 11 are under review.
The National Bank of Ethiopia (NBE) in 2008. On 29 July 2024, the National Bank of Ethiopia (NBE) relaxed restrictions on the value of the Ethiopian birr to secure a loan of $10.7 billion from the International Monetary Fund (IMF) and World Bank. [1]
Ethiopia's first revenues were issued in 1930. The earliest issue consisted of four stamps printed by Waterlow and Sons, with a Lion of Judah in the centre. This issue exists either with a background design of ornamental scallops or with a plain background. The Ethiopian Empire fell to Italy at the end of the Second Italo-Ethiopian War in 1936.
Although generally described as Ethiopian, mesob baskets belong to a larger tradition of Harari basketry. A mesob is depicted on the 10 birr note. Mesob baskets are used in funeral ceremonies to support family of the deceased person and the baskets are widely viewed as a symbolical representation of Ethiopian and Eritrean culture and their cuisine. [4]
Ethiopia's beer industry has grown tremendously in the last two decades. It transformed into one of the most competitive industries in Ethiopia, with millions of birr spent on advertisements alone. The industry's competitiveness has led to more investment in farming, such as in malt production.
The nakfa (ISO 4217 code: ERN; Tigrinya: ናቕፋ naḳfa, or Arabic: ناكفا or نقفة nākfā) is the currency of Eritrea and was introduced on 15 November 1997 to replace the Ethiopian birr at par. The currency takes its name from the Eritrean town of Nakfa, site of the first major victory of the Eritrean War of Independence.