The International Fund for Agricultural Development (IFAD) and the European Union (EU) is set to provide EUR26.5 million to Ethiopia…
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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 financial institutions…
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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 would lower…
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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 the central…
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Banking expansion in Ethiopia, inherent shortcomings
BY ABEBE WOLDE GIORGIS – Currently, the banking industry in Ethiopia is growing rapidly in terms of accessibility, asset development,…
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