By Sisay Woubeshet – Bunna International Bank, one of the 16 private banks in Ethiopia, today awarded customers who received…
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Ethiopia set to introduce centralized bank borrowers database
With objective of decreasing nonperforming loans of banks, the National Bank of Ethiopia is set to introduce a centralized database…
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World Bank to provide $400 million to Ethiopia
The World Bank today inked an agreement with the Ministry of Finance of Ethiopia to provide $400 million for the…
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World Bank approves $400 million grant to Ethiopia
The World Bank approved a grant of $400 million to support Ethiopia Urban Productive Safety Nets and Jobs Project of…
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State companies in Ethiopia generate $8.2 billion revenue
The state enterprises in Ethiopia have generated a total revenue of over 300.5 billion birr (about $8.2 billion) during the…
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World Bank grants $80 million to Ethiopia
The World Bank has signed an agreement this week with the Government of Ethiopia to grant the Eastern African country…
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Tax abuse, money laundering, corruption plague global finance
Governments must do more to tackle tax abuse and corruption in global finance, says a panel of former heads of…
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Ethiopia honors 200 loyal taxpayers
The Ministry of Revenue of Ethiopia honored 200 loyal companies and highest tax payers for Ethiopia’s budget year concluded July…
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Ethiopia’s private banks profit exceeds state giant CBE
The profit of all the 16 private banks in Ethiopia for the first time exceed the profit of the state…
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Awash Bank of Ethiopia profit increases by 900 million birr
Awash Bank Share Company of Ethiopia, one of the first private banks in Ethiopia after the current regime came to…
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Ethiopia secures $4 billion project financing from abroad
The Government of Ethiopia has obtained close to 142.3 billion birr (about $3.95 billion) external financing for its different projects…
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Ethiopia increases annual tax revenue 18 percent
The Government of Ethiopia has increased its annual tax revenue for the budget year concluded July 7, 2020 by 18…
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