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July 6, 2022
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Finance

Ethiopia revising policy to open door for foreign banks
Finance 

Ethiopia revising policy to open door for foreign banks

February 22, 2022February 22, 2022 Business News 3491 Viewsagriculture, Ethiopia, export, FDI, Finance, foreign banks, import, Industrial Parks, Investment, liberalization, members of parliament, Prime Minister Abiy Ahmed, Trade 3 min read

Indicating that the Government of Ethiopia is engaged in policy revision to open its doors for foreign banks, Prime  Minister

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Investment 

Global partnership, finance minister discuss on upcoming plans

June 8, 2021June 10, 2021 130 Viewsconsortium of global Partnership, Ethio Telecom, Finance, telecoms operation in Ethiopia 0 min read

Finance Minister Ahmed Shide, and consortium of global Partnership discussed on upcoming plans of the consortium in advancing telecoms operation

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African finance ministers reflect on Special Drawing Rights
Finance 

African finance ministers reflect on Special Drawing Rights

March 25, 2021 BEHAK 104 ViewsAddis Ababa, AfCFTA, COVID-19, development banks, Ethiopia, Finance, financial institutions, liquidity, SDR, Special Drawing Rights 3 min read

Africa’s Finance, Development and Planning Ministers on Tuesday called for a swift, bold and positive response from international financial institutions

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African finance minister meeting opens in Addis
Economy 

African finance minister meeting opens in Addis

March 22, 2021March 22, 2021 BEHAK 142 ViewsAddis Ababa, Africa, Economic development, Ethiopia, Finance, food import bill, Prime Minister Abiy Ahmed, UNECA, Vera Songwe 2 min read

Organized by the United Nations Economic Commission for Africa (UNECA) the 53rd session of the Conference of African Ministers of

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Finance 

World Bank approves $400 million grant to Ethiopia

October 3, 2020October 3, 2020 NBE 103 ViewsEthiopia, Finance, grant, Productive Safety Net Programme, the World Bank Group 1 min read

The World Bank approved a grant of $400 million to support Ethiopia Urban Productive Safety Nets and Jobs Project of

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Ethiopia’s state bank deposit surpasses $17 billion
Finance 

Ethiopia’s state bank deposit surpasses $17 billion

April 23, 2019April 23, 2019 NBE 120 ViewsBanking, Commercial Bank of Ethiopia, deposit, Ethiopia, Finance, National Bank of Ethiopia 2 min read

The total deposit of Commercial Bank of Ethiopia (CBE) exceeds half a trillion birr (over $17 billion), said the recently

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Egypt expresses support to regional integration
Trade 

Egypt expresses support to regional integration

March 15, 2019March 15, 2019 NBE 68 ViewsAfrican Development Bank, agriculture, communications, Egypt, Finance, industry, Regional integration, social sector 2 min read

Egypt has affirmed its strong support for the African Development Bank as a development partner and is committed to strengthening regional integration, the country’s Prime Minister, Mostafa Madbouly said during a meeting in Cairo with a Bank delegation.

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Ethiopia to allow diaspora invest in banking, insurance
Finance 

Ethiopia to allow diaspora invest in banking, insurance

February 20, 2019February 21, 2019 144 ViewsBanking in Ethiopia, banking liberalization, Ethiopia, Finance, insurance, Insurance in Ethiopia, Micro-finance in Ethiopia 2 min read

The National Bank of Ethiopia (NBE), the agency in charge of regulating the financial sector of the country, is set

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Marrakech set to host African Economy ministers
Economy 

Marrakech set to host African Economy ministers

January 30, 2019January 30, 2019 94 ViewsAfrica, African economy, Economic development, Finance, Marrakech, UNECA 1 min read

The UN Economic Commission for Africa’s (ECA) Conference of African Ministers of Finance, Planning and Economic Development is set to

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Ethiopia PM discusses reform with bankers
Finance 

Ethiopia PM discusses reform with bankers

January 15, 2019January 15, 2019 124 ViewsBanking, banking liberalization, Ethiopia, Ethiopia financial sector reform, Ethiopian banks, Finance, Prime Minister Abiy Ahmed 1 min read

Prime Minister Abiy Ahmed of Ethiopia held discussions with heads and representatives of financial institutions to discuss the current reforms

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Partners to drive finance to African smallholder farmers
Agribusiness 

Partners to drive finance to African smallholder farmers

September 28, 2018September 28, 2018 92 ViewsAfrica, Finance, Global Innovation Lab for Climate Finance, International Fund for Agriculture Development, smallholder farmers 3 min read

Africa’s development partners have launch a new partnership that will help build climate resilience for smallholder farmers in Central and

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Nordic Investment Bank provides 100 million Euros for Africa’s trade
Finance 

Nordic Investment Bank provides 100 million Euros for Africa’s trade

September 13, 2018September 13, 2018 87 ViewsAfreximbank, African Export-Import Bank, Finance, NIB, Nordic Investment Bank 1 min read

The Nordic Investment Bank (NIB) and the African Export-Import Bank (Afreximbank) have signed a 10-year loan programme of 100 million

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Casablanca to host Africa’s structured trade finance meeting
Finance 

Casablanca to host Africa’s structured trade finance meeting

September 12, 2018September 13, 2018 90 ViewsAfreximbank, Africa, Casablanca, Finance, Morocco, Trade, trade finance 1 min read

The city of Casablanca, Morocco, is set to host African Export-Import Bank (Afreximbank’s) annual meeting on ‘structured trade finance’ next

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Liberia's small enterprises secure $20 million funding
Finance 

Liberia’s small enterprises secure $20 million funding

May 17, 2018May 17, 2018 101 ViewsAfrican Development Bank, Finance, Liberia, Small and micro enterprises, SME finance gap in Africa, SMEs, Sub-Saharan Africa’s SME 1 min read

The African Development Bank (AfDB) is to provide $20 million to boost lending to small and medium-sized enterprises in Liberia,

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Report examines ten African countries public finance management
Finance 

Report examines ten African countries’ public finance management

April 23, 2018April 23, 2018 137 ViewsAfrican Development Bank, Burkina Faso, Ethiopia, Finance, Ghana, Kenya, Mali, management, Mozambique, public, Rwanda, Senegal, Tanzania, The African Capacity Building Foundations, Uganda 1 min read

A new flagship report co-produced by The African Capacity Building Foundations and the African Development Bank looks ten African countries

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Oil & Gas 

Uganda secures oil refinery deal

April 13, 2018April 23, 2018 92 ViewsAfrican Legal Support Facility, agreement, ALSF, consortium of American, construct refinery, Finance, Government of Uganda, Hoima district, Italian firms 2 min read

With the support of the African Legal Support Facility (ALSF), the Government of Uganda has successfully signed an agreement with

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Economy 

Ethiopia secures $600 million World Bank financing

March 19, 2018September 24, 2018 148 ViewsEthiopia, Finance, World Bank 2 min read

The World Bank approved $600 million of the International Development Association (IDA) financing to help strengthen the capacity and performance

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Finance 

Ethiopia’s banking industry grows double digit

March 17, 2017March 17, 2017 NBE 165 Viewsbanks, Ethiopia, Finance, loan 3 min read

A new report predicts double digit growth of Ethiopia’s banking industry. Ethiopia’s commercial banking sector will post a steady expansion

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Finance 

Africa Finance Corporation invest in Egyptian company

March 10, 2017March 31, 2017 NBE 94 ViewsFinance 2 min read

Africa Finance Corporation (AFC) is set to invest $25 million in Egyptian petrochemicals company Carbon Holdings Ltd, the company said.

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Finance 

African Development Bank provides $25 million to Mali

March 7, 2017March 31, 2017 NBE 95 ViewsFinance 3 min read

The African Development Bank (AfDB) is set to provide $25 million concessional loan to the Government of Mali to build

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Finance 

How to help fund your business

March 2, 2017March 31, 2017 NBE 134 ViewsFinance 2 min read

While bootstrapping has proven itself to be successful over the years, it’s not always entrepreneurs’ preferred choice for funding their

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Finance 

Afreximbank partners with Ecobank to finance trade, investment in Africa

February 14, 2017April 1, 2017 NBE 90 ViewsFinance 1 min read

The African Export-Import Bank (Afreximbank) and Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group partnered to finance trade

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Finance 

Huduma Card delivers cashless efficiency, powered by Mastercard technology

February 7, 2017April 1, 2017 NBE 87 ViewsFinance 2 min read

Mastercard commits to supporting the roll-out of the Huduma Card in Kenya as the technology partner of choice for the

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  • ← Previous

InvestmentView All

BonelliErede appoints two partners in Ethiopia
Investment 

BonelliErede appoints two partners in Ethiopia

May 25, 2020May 25, 2020 3 min read

BonelliErede, an Italian legal firm covering all areas of business and corporate criminal law, in partnership with Ethiopian law firm

Investment 

RENEW, Global Affairs Canada launch investment acceleration project in Ethiopia 

November 26, 2016March 9, 2017 NBE 3 min read
Investment 

Running on the ground makes more exercise

November 18, 2018 2 min read
Investment 

Chinese dresses are taking part of fashion

November 12, 2018 2 min read

FinanceView All

European Investment Bank to introduce new debt product
Finance 

European Investment Bank to introduce new debt product

April 21, 2018April 23, 2018 3 min read

The European Investment Bank (EIB) announces on the margins of the IMF / World Bank Group Spring Meetings plans for

Ethiopia tax revenue increases by $1 billion
Finance 

Ethiopia tax revenue increases by $1 billion

May 12, 2020May 12, 2020 1 min read
Ethiopia tax income increases one billion dollars
Finance 

Ethiopia tax income increases one billion dollars

July 8, 2021July 8, 2021 BEHAK 4 min read
Ethiopia - Abay Bank profit grows 63 percent
Finance 

Ethiopia – Abay Bank profit grows 63 percent

January 8, 2020January 11, 2020 Business News 2 min read

TravelView All

Emirates, Barclays launch exclusive bonus skywards miles offer
Travel 

Emirates, Barclays launch exclusive bonus skywards miles offer

June 16, 2021 BEHAK 3 min read

Emirates Skywards, the award-winning loyalty program of Emirates and flydubai, and Barclays today announced the launch of an exclusive offer

Motel 6 to offer Samsung galaxy smartphones to new my6 members
Travel 

Motel 6 to offer Samsung galaxy smartphones to new my6 members

June 17, 2021 1 min read
Aviation Security Week discusses responses to terrorist mobility, emerging threats
Travel 

Aviation Security Week discusses responses to terrorist mobility, emerging threats

December 1, 2018December 1, 2018 3 min read
Zambia launches national airways venturing with Ethiopian Airlines
Travel 

Zambia launches national airways venturing with Ethiopian Airlines

November 30, 2021 BEHAK 1 min read

EnvironmentView All

Environment 

Nigeria, Somalia and Uganda set to improve drought resilience

November 21, 2017November 21, 2017 2 min read

A joint initiative of the African Development Bank (AfDB) and the Islamic Development Bank (IsDB) is set to boost agriculture

Morocco, UN celebrate first-ever international Argan Tree Day
Environment 

Morocco, UN celebrate first-ever international Argan Tree Day

May 7, 2021 BEHAK 2 min read
Environment 

African Development Bank partners with World Wide Fund for Nature

December 1, 2017December 1, 2017 1 min read
Forum on sustainable urbanization opens in Ethiopia
Environment 

Forum on sustainable urbanization opens in Ethiopia

September 5, 2019September 5, 2019 2 min read

TragedyView All

IGAD urges Ethiopia, Sudan to avoid war
Investment Tragedy 

IGAD urges Ethiopia, Sudan to stop war

June 29, 2022June 29, 2022 NBE 2 min read

The Intergovernmental Authority on Development (IGAD) urges Ethiopia and Sudan to refrain from further actions that will lead the two

Ethiopian Human Rights Commission says monitoring military operation
Tragedy 

Ethiopian Human Rights Commission says monitoring military operation

November 14, 2020November 14, 2020 Business News 4 min read
Two die in Ethiopia military jet crash
Tragedy 

Two die in Ethiopia military jet crash

October 12, 2019October 13, 2019 0 min read
UN agency receives reports of rising hunger in Tigray
Tragedy 

UN agency receives reports of rising hunger in Tigray

January 27, 2021January 27, 2021 Business News 2 min read

CrimeView All

Ethiopia arrest ex-Somali region president, resolves conflict
Crime 

Ethiopia arrest ex-Somali region president

August 27, 2018January 9, 2019 3 min read

The conflict in Ethiopia’s Somali Region, which has resulted in the death of dozens of people in Jigjiga and Dire

Ethiopia detains 56 foreigners for cocaine, cannabis trafficking
Crime 

Ethiopia detains 56 foreigners for cocaine, cannabis trafficking

January 31, 2019January 31, 2019 2 min read
Ethiopia secures $680 million cracking contraband network
Crime 

Ethiopia secures $680 million cracking contraband network

June 25, 2020 NBE 2 min read
OLF Shene abducts six civilians in Ethiopia
Crime 

OLF Shene abducts six civilians in Ethiopia

January 24, 2022 Business News 1 min read

PerspectivesView All

Ethiopia at risk
NBE Blog 

Ethiopia at risk

January 20, 2020January 20, 2020 Business News 2 min read

BY KEBOUR GHENNA – Modern day Ethiopia is characterized by ethnic groups concerned about the protection of their rights and

From Davos to Boao, globalization needs boost at defining moment
NBE Blog 

From Davos to Boao, globalization needs boost at defining moment 

April 9, 2018April 9, 2018 4 min read
From rural town to Ethiopia’s industrial hub
NBE Blog 

From rural town to Ethiopia’s industrial hub

February 6, 2019February 6, 2019 8 min read
Why Ethiopian government websites are not secure
NBE Blog 

Why Ethiopian government websites are not secure?

March 27, 2022March 27, 2022 NBE 3 min read

Boortmalt to benefit 50,000 farmers in Ethiopia

https://youtu.be/wKnkayLxZLQ

EutelSat eyes introducing satellite Internet to Ethiopia

https://youtu.be/jAIBy5dgU4o

Ethiopian farmers adopt French chicken breeds

https://youtu.be/0gwN9UyeQlY

Besh Gebeya eyes creating 100,000 jobs

https://youtu.be/tBhKC1KffYA
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