Ethiopia’s financial sector poised for takeoff, but hurdles remain
By Anwar Hussen Mohammed – Ethiopia, Africa’s second-most populous nation with about 120 million people, boasts a fast-growing…
banking liberalization
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…
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…
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…
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…
Ethiopia closer to liberalize financial sector
The Ethiopian Parliament today passes the African Continental Free Trade Area (AfCFTA) by officially beginning its journey to…
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,…
Ethiopia PM discusses reform with bankers
Prime Minister Abiy Ahmed of Ethiopia held discussions with heads and representatives of financial institutions to discuss the…