Ethopia
Ethiopia’s Central Bank Implements New Policy on Foreign Exchange Spreads and Fees
Ethiopia’s central bank has introduced a new policy requiring banks to clearly separate and display the foreign exchange (FX) trading spread—the difference between ...
Ethopia
Ethiopia: M-PESA Expands Cross-Border Mobile Money Services to Ethiopia
M-PESA Kenya has expanded its mobile money services into Ethiopia, enabling seamless cross-border transactions between the two nations via M-PESA Global. This strategic ...
Ethopia
Ethiopian Government to List 10% of Ethio Telecom on New Stock Exchange
Ethiopia is set to make history by listing 10% of Ethio Telecom on its newly established stock exchange, marking the first company to ...
Ethopia
Ethiopia Secures $3.4 Billion IMF Loan Following Currency Float
Ethiopia has secured a $3.4 billion loan from the International Monetary Fund (IMF) after implementing a significant economic reform by floating its currency. ...
Ethopia
Ethiopia Greenlights CBDC Launch with New Proclamation
The Ethiopian Council of Ministers has recently approved a draft proclamation, setting the stage for the introduction of a central bank digital currency ...
Ethopia
Ethiopia Advances Economic Reform with Steps Toward Central Bank Digital Currency (CBDC)
The National Bank of Ethiopia (NBE) has taken significant steps in its economic reform agenda by preparing two new proclamations. One of these ...
Ethopia
Ethiopia to Permit Foreign Banks to Establish Local Subsidiaries
Ethiopia, with a population exceeding 100 million, is one of Sub-Saharan Africa’s largest economies and has long been an attractive prospect for foreign ...
Ethopia
Ethiopia’s Potential Benefits from Integrating Digital ID and Tax System, ICTD Finds
An independent analysis suggests that integrating Ethiopia’s national ID system, Fayda, with its tax system could yield numerous advantages, including enhancing tax data ...
Ethopia
Ethiopia: Deloitte Granted First Securities Advisor License in Ethiopia
Deloitte, a renowned global consultancy and audit firm, has been awarded the inaugural securities investment advisor license by the Ethiopian Capital Market Authority ...
Ethopia
Ethiopia: Safaricom’s M-PESA Teams Up with Onafriq to Simplify Remittances to Ethiopia
Safaricom’s renowned fintech arm, M-Pesa, has forged an International Money Transfer Agreement with Onafriq, Africa’s largest payments network, to facilitate seamless remittance transfers ...
