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…
Covering Business & Economy Since 2009
By Anwar Hussen Mohammed – Ethiopia, Africa’s second-most populous nation with about 120 million people, boasts a fast-growing…
By Anwar Hussen Mohammed – The Government of Ethiopia has recently announced completing its preparations to introduce stock…
The Government of Ethiopia says it is working to attract institutional investors from the United Arab Emirates (UAE)…
By Andualem Sisay Gessesse – This morning I got the chance to chat with an Ethiopian educated in…
The amount of fresh loans disbursed by all Ethiopian banks in Ethiopia last year concluded June 30, 2021,…
Bunna Bank, one of the private financial institutions in Ethiopia, today announced rebranding itself with a new logo…
The 80 years old Commercial Bank of Ethiopia (CBE), the state-owned financial institution, today inaugurated the tallest building…
The state-owned Commercial Bank of Ethiopia (CBE) announced it has collected $2.4 billion in remittances from Ethiopians in…
The Commercial Bank of Ethiopia (CBE) has reportedly secured close to 2.4 billion USD remittance over the past…
Commercial Bank of Ethiopia awarded two apartments, three trucks, and 17 automobiles, 34 three wheels to its customers…
As oppose to the push by the international financial institutions, a new study by the renowned professor of…
The state enterprises in Ethiopia have generated a total revenue of over 300.5 billion birr (about $8.2 billion)…
The Ministry of Revenue of Ethiopia honored 200 loyal companies and highest tax payers for Ethiopia’s budget year…
The profit of all the 16 private banks in Ethiopia for the first time exceed the profit of…
NEWS- The 18 commercial banks in Ethiopia have disbursed a total loan of 221 billion birr (about $6.44…
In an effort to rescue the economy from collapsing due to COVID-19 pandemic, the Government of Ethiopia orders…
The Commercial Bank of Ethiopia (CBE), the state owned financial institution with over half market share in the…
The three state enterprises in Ethiopia engaged in providing financial services have made 10.7 billion birr (about $332.1…
Commercial Bank of Ethiopia (CBE), the giant state owned financial institution, says in six months’ time it has…
The Commercial Bank of Ethiopia (CBE), the state financial institution, has become the top tax payer in Ethiopia…
The total deposit of Commercial Bank of Ethiopia (CBE) exceeds half a trillion birr (over $17 billion), said…
BY ANDUALEM SISAY GESSESSE – Following the recent restoration of ties between Ethiopia and Eritrea, many speculated that…
By Andualem Sisay Gessesse – Djibouti – Commercial Bank of Ethiopia (CBE), which reopened its branch in Djibouti…
Ethiopian government today announces sacking of two big state bank presidents. The Finance Institutions Enterprises Agency of Ethiopia…
The highly indebted government of Ethiopia announces the appointment of a new governor for the National Bank of…