EthSwitch profit up 153 percent
EthSwitch S.C., Ethiopia’s national switch, net profit before taxes increased by 153% from last year to 221 million…
financial institutions
MultiBank Group awarded coveted licenses in UAE, Singapore
The subsidiaries of MultiBank Group, one of the largest financial derivatives institutions worldwide, is awarded coveted licenses issued…
Africa, Caribbean development banks collaborate
Economic ties between Africa and the Caribbean took a strong upward turn this week as the regions’ premier…
African finance ministers reflect on Special Drawing Rights
Africa’s Finance, Development and Planning Ministers on Tuesday called for a swift, bold and positive response from international…
AfDB named world’s best multilateral financial institution
The prestigious U.S. magazine, Global Finance, specializing in financial markets and investment banking, has named the African Development…
Ethiopian government finance institutions profit $332 million
The three state enterprises in Ethiopia engaged in providing financial services have made 10.7 billion birr (about $332.1…