Ethiopia’s Government total outstanding treasury bills (T-bills) has increased by close to 500 percent in 2020/21 to 116.6 billion Birr…
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Ethio Lease transfers ownership of high-tech ophthalmic surgical microscopes
Ethio Lease, the first privately held equipment leasing company in Ethiopia on Friday transferred a state-of-the art Ophthalmic microscope’ worth…
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Ethiopia banks lending increases 21 percent
The amount of fresh loans disbursed by all Ethiopian banks in Ethiopia last year concluded June 30, 2021, has increased…
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Credit to micro, small businesses in Ethiopia declines 34 percent
Credit to micro and small enterprises in Ethiopia has declined by 34 percent during the last budget year of Ethiopia…
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Bunna Bank of Ethiopia introduces new logo
Bunna Bank, one of the private financial institutions in Ethiopia, today announced rebranding itself with a new logo and color.
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Islamic Finance, Halal economy are forecast to grow – research
A new research with leading Islamic Finance professionals shows they expect strong growth for the wider Halal economy and their…
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Why Africa is the new frontier for venture capital
By Andualem Sisay Gessesse- Studies show that the practice, skills and knowledge of Venture Capital (VC) in Africa is very…
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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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Ethiopian bankers advised to start uncollateralized lending
Data expert with hands in digital financial sector for over a decade in East Africa, Hartnell Ndungi, advised bankers in…
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Pandemic recovery requires access to credit to households, businesses
The flagship report of the World Bank, ‘World Development’, which focused on finance, advised that recovery from the impacts of…
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Coalition announces $5.55 billion financing for African enterprises
The coalition for a sustainable and inclusive recovery of the private sector, an international group of 20 development finance institutions…
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Global leaders to discuss financing inclusive post-COVID world
Global leaders are set to discuss how to finance a more resilient, inclusive post-COVID world at the International Fund for…
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African Development Fund grants $11 million for African Union Commission
The African Union Commission (AUC) will soon benefit from an $11.48 million grant from the African Development Fund to strengthen…
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Ethio Lease appoints Degol Gossaye as CEO
The Board of Directors of Ethio Lease Ethiopian Capital Goods Finance SC announced that it has appointed Degol Gossaye as…
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