To expand financial inclusion and improve access to loans for low-income borrowers in Botswana, IFC and Peo Finance Proprietary Limited…
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Partnerships to drive digital and financial inclusion in Ghana
The UN’s International Fund for Agricultural Development, IFAD, announced partnerships on Tuesday to slash the cost of migrant remittances to…
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Former microfinance becomes largest private bank in Ethiopia
The former Amhara Credit and Savings Institution (ACSI) now Tsedey Bank is set to become the largest private bank in…
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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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Ecobank launches pan-African fintech training, awards for journalists
Ecobank Group, the leading Pan-African banking Group, today announced a partnership with AMA Academy, which is the only free-to-use pan-African…
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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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Development Bank of Ethiopia makes 3.9 billion Birr profit
The state-owned Development Bank of Ethiopia has generated a gross profit (before tax) of 3.9 billion Birr year last budget…
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Accra set to host digital finance, crypto conference
As the rapid growth of fintech continues and the birth of decentralized finance (DeFi) grows across Africa, leading fintechs, investors,…
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Ethiopia secures 50 billion Birr from tax dodgers, contrabandists
Out of the total 336.7 billion Birr annual tax income of Ethiopia for the budget year concluded July 7, 2022,…
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Ethiopia achieves 94 percent tax revenue target
The Ministry of Revenue of Ethiopia has said it has achieved its 93.53 percent of its tax revenue collection for…
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IMF AFRITAC East steering committee completes 24th meeting
Chaired by Mr. Fikadu Digafe, Vice Governor and Chief Economist of the National Bank of Ethiopia, the International Monetary Fund…
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Ethiopia approves 786.6 billion Birr budget
The Ethiopian Parliament today approved 786.6 billion Birr total budget for the 2015 Ethiopian budget year that begins on tomorrow…
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