EU, IFAD to support Ethiopian rural financial institutions
The International Fund for Agricultural Development (IFAD) and the European Union (EU) is set to provide EUR26.5 million…
liquidity
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…
UN agency, PIMCO to setup liquidity, debt sustainability facility
The UN Economic Commission for Africa (ECA) is to set up a Liquidity and Sustainability Facility (LSF) that…
Ethiopia to provides $460 million to private banks
In an effort to rescue the economy from collapsing due to COVID-19 pandemic, the Government of Ethiopia orders…
Banking expansion in Ethiopia, inherent shortcomings
BY ABEBE WOLDE GIORGIS – Currently, the banking industry in Ethiopia is growing rapidly in terms of accessibility,…