Trusted Insights & Expert Communications
The coalition for a sustainable and inclusive recovery of the private sector, an international group of 20 development finance institutions that came together in 2020, today announced commitments of over $5.55 billion…
Global leaders are set to discuss how to finance a more resilient, inclusive post-COVID world at the International Fund for Agricultural Development (IFAD) Governing Council meeting this week.
The African Union Commission (AUC) will soon benefit from an $11.48 million grant from the African Development Fund to strengthen its governance and provide it with institutional support.
The Board of Directors of Ethio Lease Ethiopian Capital Goods Finance SC announced that it has appointed Degol Gossaye as CEO of Ethio Lease as of January 27th 2022.
The tax income of Ethiopia during the first six months of the current year started July 8, 2021 has increased to 171.3 billion Birr showing 14.9 percent rise from the same period…
Cooperative Bank of Oromia (CBO) and Kifiya Financial Technologies today launched Michu, its first collateral free digital lending platform in Ethiopia that provide loan without collateral.
The Ministry of Revenue of Ethiopia has collected a total tax of 147.3 billion Birr during the first five months the current budget year of the country started July 8, 2021.
Ethiopian Diaspora Agency said that Ethiopians in the diaspora have sent home $1.64 billion remittance in five months of this year using legal money transfer.
Oromia International Bank, a private financial institution in Ethiopia which recently rebranded itself as, Oromia Bank, has announced close to 872 million Birr annual profit after tax for the year ended June…
During the budget year concluded June 30, 2021, Awash Bank of Ethiopia has become the top private financial institutions in the country out of those which reported their performances by announcing 4.8…
The annual profit after tax of Lion International (LIB) Bank of Ethiopia, which most of its branches based in Tigray region, for the year ended June 30, 2021 has declined by about…
Zemen Bank, one of the private financial service providers in Ethiopia, said its profit after tax for the budget year concluded June 30, 2021 has increased by close to 114 million Birr…
Nib International Bank (NIB), one of the private banks in Ethiopia, reported close to 1.22 billion Birr annual profit after tax for the year concluded June 30, 2021, which is about 17…
The African Development Bank received a first place “Gold Stevie” at the 18th Annual International Business Awards virtual event, in recognition of the institution’s digital campaign showcasing its Technologies for African Agricultural…