By Anwar Hussen Mohammed – Ethiopia, Africa’s second-most populous nation with about 120 million people, boasts a fast-growing economy. Underpinning…
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Ethiopia’s premier receives Global Islamic Finance Award
Ethiopia’s premier Abiy Ahmed received the 2022 Laureate of the Global Islamic Finance Award for efforts made in reforming Ethiopia’s…
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What to expect from foreign banks coming to Ethiopia
By Andualem Sisay Gessesse – Banking sector in Ethiopia has been closed for foreign banks due to the government policy…
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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 banks to…
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Ethiopia revising policy to open door for foreign banks
Indicating that the Government of Ethiopia is engaged in policy revision to open its doors for foreign banks, Prime Minister…
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Ethiopia opens door for foreign mortgage banks
The Government of Ethiopia expressed its willingness to open its banking sector for foreign banks engaged in financing housing (mortgage…
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Ethiopia allows local banks to borrow from foreign banks
The National Bank of Ethiopia (NBE), financial sector regulatory body of the country, today passed a directive that allows local…
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