The UN’s International Fund for Agricultural Development, IFAD, announced partnerships on Tuesday to slash the cost of migrant remittances to Ghana with financial services providers Ecobank Ghana and Fidelity Bank and pan-African…
The former Amhara Credit and Savings Institution (ACSI) now Tsedey Bank is set to become the largest private bank in Ethiopia by joining the banking industry of Ethiopia next Saturday.
Ethiopia’s premier Abiy Ahmed received the 2022 Laureate of the Global Islamic Finance Award for efforts made in reforming Ethiopia’s finance sector and making it inclusive.
Ecobank Group, the leading Pan-African banking Group, today announced a partnership with AMA Academy, which is the only free-to-use pan-African online learning platform dedicated to upskilling journalists in Africa.
During its weekly meeting, the Council of Minister of Ethiopia today approved the long-awaited policy that allows foreign banks to operate in Ethiopia for the fist time.
The state-owned Development Bank of Ethiopia has generated a gross profit (before tax) of 3.9 billion Birr year last budget year concluded July 7, 2022.
As the rapid growth of fintech continues and the birth of decentralized finance (DeFi) grows across Africa, leading fintechs, investors, crypto platforms, ventures and digital finance companies are set to hold a…
Out of the total 336.7 billion Birr annual tax income of Ethiopia for the budget year concluded July 7, 2022, about 50.7 billion Birr (close to one billion US dollar) is secured…
The Ministry of Revenue of Ethiopia has said it has achieved its 93.53 percent of its tax revenue collection for the year ended July 7, 2022.
Chaired by Mr. Fikadu Digafe, Vice Governor and Chief Economist of the National Bank of Ethiopia, the International Monetary Fund (IMF) AFRITAC East Steering Committee completed a 1.5-day hybrid 24th Steering Committee…
The Ethiopian Parliament today approved 786.6 billion Birr total budget for the 2015 Ethiopian budget year that begins on tomorrow July 8, 2022.
Kehali Strategic Advisory Services PLC, a recently established private companmy in Ethiopia, organized its first Ethiopian Banking forum in the capital, Addis Ababa.
The Ministry of Finance of Ethiopia, the new state enterprise Ethiopian Investment Holding (EIH), and FSD Africa today signed a memorandum of understanding to establish Ethiopia Security Exchange (ESX).
The Ministry of Revenue of Ethiopia said it has collected around 248.6 billion Birr tax revenue during the first nine months of the current budget year started July 8, 2021.