Commercial Bank of Ethiopia (CBE), the fully state-owned enterprise, announced that it has recorded a net profit of 54.5 billion…
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Ethiopia Collected 1.1 trillion Birr Tax Revenue
The Ministry of Revenue of Ethiopia says the country has collected 1.1 trillion Birr Tax Revenue in nine months of…
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Digital Financial Transaction in Ethiopia Growing Fast
The National Bank of Ethiopia (NBE), financial sector governing body of the country, says digital financial transaction has been growing…
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Ethiopia removes most of forex access restrictions
Taking a bold move the National Bank of Ethiopia (NBE), the central bank in charge of regulating the financial system…
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Standard Bank set to provide $138 million to Safaricom Ethiopia
Standard Bank, Africa’s biggest bank by assets, has partnered with Safaricom Telecommunications, Kenya’s largest telecommunications provider, to provide funding of…
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African Development Bank, Algeria agree to strengthen partnership
The African Development Bank (AfDB) has officially been earmarked as Algeria’s international partner in the country’s renewed efforts to engage…
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Investment Hotspots in Ghana’s Financial and Energy Sectors
By Africa Risk Control West Africa Desk: Ghana, located in West Africa along the Gulf of Guinea, has a population…
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Is Ethiopia’s Miicrofinance Sector Ready for Next Wave of Growth?
By Africa Risk Control East Africa Desk – Ethiopia’s microfinance sector has grown into a vital pillar of financial inclusion,…
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Nigeria’s Fintech: Why Global Investors Are Betting on Africa’s Digital Finance Hub
By Africa Risk Control West Africa Desk- Nigeria has emerged as the undisputed leader of Africa’s financial technology (fintech) revolution.…
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IFC introduces program to support small businesses in Ethiopia
With a focus on women entrepreneurs and in rural areas, the International Finance Corporation (IFC) today announced a loan to…
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Ethiopia’s Fintech Landscape 2025: Key Trends
By Yanet Fantaye – Ethiopia’s fintech market has shifted from a handful of domestic experiments to a broad, fast-growing payments…
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Digital literacy, cybersecurity challenge Africa’s banking growth
Backbase and African Banker launch landmark report on the future of digital banking in Africa that highlighted digital literacy gaps…
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Report reflects on future of digital banking in Africa
Backbase, the global leader in Engagement Banking, in partnership with the African Banker magazine, has launched the inaugural report in…
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US EXIM bank approves $297 million transaction to Angola
The Export-Import Bank of the United States’ (EXIM) Board of Directors today approved a transaction to export Boeing aircraft and…
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