By Anwar Hussen Mohammed – Ethiopia, Africa’s second-most populous nation with about 120 million people, boasts a fast-growing economy. Underpinning…
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Ethiopia’s forex crunch: struggles, strategies for sustainable future
By Anwar Hussen Mohammed – Ethiopia’s economic boom of the past decade has hit a snag – a foreign exchange…
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Ethiopia finally opens door for foreign banks
During its weekly meeting, the Council of Minister of Ethiopia today approved the long-awaited policy that allows foreign banks to…
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Commercial Bank of Ethiopia inaugurates tallest building
The 80 years old Commercial Bank of Ethiopia (CBE), the state-owned financial institution, today inaugurated the tallest building in Addis…
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Study advices Ethiopia not to rush to banking liberalization
As oppose to the push by the international financial institutions, a new study by the renowned professor of Economics at…
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Ethiopia closer to liberalize financial sector
The Ethiopian Parliament today passes the African Continental Free Trade Area (AfCFTA) by officially beginning its journey to liberalization of…
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Ethiopia to allow diaspora invest in banking, insurance
The National Bank of Ethiopia (NBE), the agency in charge of regulating the financial sector of the country, is set…
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Ethiopia PM discusses reform with bankers
Prime Minister Abiy Ahmed of Ethiopia held discussions with heads and representatives of financial institutions to discuss the current reforms…
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