Addis Ababa Market

27/09/2025

The article from Eritrea Today details a trademark and domain infringement dispute involving Amanuel Biedemariam and the long-established Eritrean Yellow Pages™.
The key points of the report are:
Trademark and Domain Dispute
Complainant: Eritrean Yellow Pages™, a digital business directory serving the Eritrean diaspora since 2002, which holds a federally registered trademark with the U.S. Patent and Trademark Office (USPTO).

Allegation: The platform alleges that Amanuel Biedemariam, owner of Select Concierge LLC, is committing trademark infringement, dilution, and passing off.

Disputed Assets: Biedemariam reportedly launched a competing platform under the name "Eritrea Yellow Pages" and registered the domain eritrea YellowPages .com. He also filed a new trademark application for "ERITREA YELLOW PAGES" with the USPTO in September 2025.

Legal Action: Eritrean Yellow Pages™ (www.EritreanYellowPages.com) asserts that this unauthorized use creates public confusion. They have requested corrective action and plan to file a formal domain dispute with the World Intellectual Property Organization (WIPO) and a Letter of Protest with the USPTO.

Current Status: As of the article's publication date (September 26, 2025), Biedemariam has reportedly not canceled the infringing domain name or withdrawn his pending trademark application.

Additional Background Claims
The article also includes additional claims about Amanuel Biedemariam's background and professional conduct:

Authorship Concerns: The report alleges that a previous book published by Biedemariam consisted largely of "copied and pasted content from various sources" and failed to gain traction due to a lack of original insight, raising concerns about the integrity of his work.

Personal Background: It mentions that Biedemariam is of Tigrayan descent, born and raised in Asmara, but is known for his strong Eritrean-American identity and vocal critiques of Ethiopian policies and groups like the TPLF.

https://www.eritreatoday.com/breaking-news-trademark-and-domain-infringement-by-amanuel-biedemariam

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09/09/2025

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17/04/2025

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09/03/2025

The exchange rates for the Ethiopian Birr (ETB), as of March 08, 2025, against the US Dollar (USD) based on available data up to this point. Note that exchange rates, especially in the black market, fluctuate frequently due to economic conditions, demand, and supply, and the information below reflects trends reported in recent months.

Official Bank Exchange Rate

The official exchange rate is set by the National Bank of Ethiopia (NBE) and implemented through commercial banks like the Commercial Bank of Ethiopia (CBE). In July 2024, Ethiopia floated the Birr, shifting to a market-based exchange rate system. As of mid-October 2024, the official rate was approximately:

Buying: 116.97 ETB per USD

Selling: 123.63 ETB per USD

More recent data from posts on X suggests that by early March 2025, banks were selling USD at around 126 ETB per USD, with a foreign exchange (FX) auction rate reaching 135 ETB per USD as of March 7, 2025. This indicates a gradual depreciation of the official rate since October 2024, though exact daily rates for March 08, 2025, would depend on real-time updates from official sources like the NBE or CBE, which I cannot access beyond my knowledge base.

Black Market Exchange Rate

The black market exchange rate typically exceeds the official rate due to persistent foreign currency shortages and high demand. In mid-October 2024, the black market rate had surged to 140 ETB per USD, reflecting a significant gap from the official rate. By early March 2025, posts on X indicate that the black market rate had risen further to 152 ETB per USD. This suggests continued pressure on the Birr and a widening disparity between official and informal markets, despite efforts to stabilize the currency through reforms.

Context and Trends

Ethiopia’s decision to float the Birr in July 2024 aimed to align official and black market rates, initially narrowing the gap. However, by late 2024 and into 2025, external pressures (e.g., declining foreign reserves) and domestic demand have driven the black market rate higher. The reported FX auction rate of 135 ETB per USD (close to bank rates) versus the black market’s 152 ETB per USD as of March 7, 2025, hints at ongoing challenges in curbing the parallel market’s influence.

Caveats

Black Market Variability: Black market rates are unofficial and can vary by location (e.g., Addis Ababa vs. border towns) and even day-to-day transactions.

Real-Time Data: The rates provided here are based on the latest available data up to March 7, 2025, from web sources and X posts. For the exact rate on March 08, 2025, you’d need to consult current local sources or traders, as my information lacks real-time updates beyond this date.

Reliability: Official rates are more stable and verifiable, while black market figures are anecdotal and subject to rapid change.

For the most accurate and up-to-date figures, I recommend checking with the National Bank of Ethiopia’s website (nbe.gov.et) for official rates or consulting local financial news or informal market sources for the latest black market trends. Based on the trajectory, the black market rate might be around or slightly above 152 ETB per USD, and the bank rate could hover near 126–135 ETB per USD as of today.
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04/12/2024

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03/12/2024

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29/11/2024

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15/10/2024

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Their mission focuses on inspiring humanity, both locally and globally, by addressing major challenges, creating new opportunities, and making a positive difference in people's lives. They operate in various countries, including Uganda, South Sudan, Ethiopia, and Eritrea, and have programs centered around education, healthcare, and economic empowerment.

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25/08/2024

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