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U.S. Expands Visa Bond Program to 50 Countries


U.S. Expands Visa Bond Program to 50 Countries

The US will require travellers from about 12 countries, including Ethiopia, to post a bond of up to 15,000 dollars, approximately 2.3 million birr at current exchange rates, when applying for entry into the United States, according to a United States State Department official on March 19, 2026. The measure is part of an expanded visa bond programme affecting 50 countries and applies to B1 and B2 visa categories for business and tourism. The State Department said the policy will take effect on April 2, 2026. Officials said the bond is not a fee but a temporary security deposit, refundable if visa holders comply with entry conditions, including returning home as required or not overstaying their permitted period. The policy has raised concerns over affordability and fairness. While United States authorities describe it as a compliance tool, critics argue it could disproportionately affect applicants from developing countries and further restrict global mobility.

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Annual U.S.–Ethiopia Real Estate Expo to Debut in July

Harvest Circle Inc., a U.S.-based organisation, will launch the first annual U.S.-Ethiopia Real Estate & Construction Expo in July 2026. The event will bring together Ethiopian and U.S. real estate developers, construction firms, banks, insurers, property managers, and investors to explore partnership, financing, and investment opportunities. Organisers say the platform seeks to promote private sector-led urban development, facilitate diaspora investment, and expand market access for Ethiop...


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Addis Abeba Housing Bureau Warns Landlords against Illegal Rent Hikes, Threatens Legal Action

The Addis Abeba Housing Development and Administration Bureau has issued a warning to landlords attempting to impose unauthorised rent increases or carry out unlawful evictions as the residential leasing cycle nears its statutory June 30 deadline. The warning follows reports of landlords pressuring tenants to vacate properties under claims of personal use or sale, alongside demands for steep rent hikes, according to comments made to state media. Kidist W. Giorgis, Head of the Bureau, said...


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Development Bank Turns Corner as Profit Hits Eight Billion Br

The Development Bank of Ethiopia (DBE) posted a gross profit of eight billion Br in the first nine months of the fiscal year while repaying 15.6 billion Br in outstanding debt. Total income reached 17.3 billion Br, exceeding its target by 12pc. Presenting its performance to the House of Peoples' Representatives Standing Committee for Government Development Organizations, the bank highlighted progress from ongoing reforms, including reducing its non-performing loan ratio to 13.4pc, below the Nati...