Finance – New Business Ethiopia

African finance ministers reflect on Special Drawing Rights

March 25, 2021 gessesse Addis Ababa, AfCFTA, COVID-19, development banks, Ethiopia, Finance, financial institutions, liquidity, SDR, Special Drawing Rights

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

Economy

African finance minister meeting opens in Addis

March 22, 2021March 22, 2021 gessesse Addis Ababa, Africa, Economic development, Ethiopia, Finance, food import bill, Prime Minister Abiy Ahmed, UNECA, Vera Songwe

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

Finance

World Bank approves $400 million grant to Ethiopia

October 3, 2020October 3, 2020 NBE Ethiopia, Finance, grant, Productive Safety Net Programme, the World Bank Group

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

Finance

Ethiopia’s state bank deposit surpasses $17 billion

April 23, 2019April 23, 2019 NBE Banking, Commercial Bank of Ethiopia, deposit, Ethiopia, Finance, National Bank of Ethiopia

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

Trade

Egypt expresses support to regional integration

March 15, 2019March 15, 2019 NBE African Development Bank, agriculture, communications, Egypt, Finance, industry, Regional integration, social sector

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.