Ethopia
Ethiopia’s Central Bank Provides Long-Awaited Assurance of Currency Convertibility
The National Bank of Ethiopia (NBE) has affirmed its commitment to providing the long-anticipated guarantee of converting local currency funds into hard currencies ...
Ethopia
Ethiopia: National Bank of Ethiopia Explores Sharia-Compliant Alternatives for Treasury Bills to Accommodate Islamic Banks
The National Bank of Ethiopia is actively seeking Sharia-compliant alternatives to traditional treasury bills to accommodate financial institutions that operate solely on interest-free ...
Ethopia
Ethiopia Progresses Towards Implementation of Digital IDs
Ethiopia, with its population of 120 million, has taken a significant step toward embracing digital IDs, also known as Fayda, by selecting Madras ...
Ethopia
Exploring Profitable Sectors for African Investors in Ethiopia: A Pathway to Mutual Prosperity
The allure of Ethiopia’s economic potential has captured the attention of African investors seeking to expand their portfolios into new horizons. Ethiopia is ...
Ethopia
Ethiopia: Safaricom Launches M-Pesa Mobile Money Service in Ethiopia
Safaricom’s M-Pesa mobile money service has been officially launched in Ethiopia, marking a significant move for the Kenyan telecoms operator as it aims ...
Ethopia
Ethiopia: Commercial Bank of Ethiopia (CBE) Surpasses One Trillion Birr in Deposits, Commits to Further Growth
The Commercial Bank of Ethiopia (CBE) has achieved a significant milestone in the 2015 Ethiopian fiscal year, with its deposits surpassing an impressive ...
Ethopia
Ethiopia: Safaricom gets licence to operate M-Pesa in Ethiopia
Safaricom Telecommunications Ethiopia has today officially been granted the license to operate mobile money services in Ethiopia. The licence, coming seven months after ...
Ethopia
Ethiopia: NBE Grants Mobile Money License to Safaricom’s M-Pesa
The National Bank of Ethiopia (NBE) says today it has issued a mobile money service license to Safaricom M-Pesa Mobile Financial Service Plc, ...
Ethopia
Ethiopia: World Bank Tells Ethiopia to ‘Remove Macroeconomic Distortions’ to Help Slow Inflation, Unlock Investment
Today, World Bank Group President David Malpass met with Ahmed Shide, Minister of Finance of Ethiopia. In his conversation with Minister Shide, President ...
Ethopia
Ethiopia: MasterCard, EthSwitch partner to boost digital payments adoption in Ethiopia
Ethiopia’s national payment switch EthSwitch, has signed a Memorandum of Understanding (MoU) with Mastercard that will enable financial institutions across Ethiopia to boost ...
