Breaking barriers for persons with disability in Ethiopia
(ICRC) – It is commonly thought that people with physical disabilities cannot perform effectively in the workplace. Social isolation and discrimination have limited their employment […]
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Community-based health insurance drives Ethiopia’s bid for universal health coverage
The World Health Organization has supported the Ministry of Health and Ethiopian Health Insurance Services through capacity building to ensure the successful implementation and continuity […]
NBE Issues a Directive that limits Birr and foreign currency holding
ADDIS ABABA (NBE) – The National Bank of Ethiopia (NBE) has issued a Directive to limit on Birr and foreign currency holding in the territory […]
The banking sector in Ethiopia continues to grow despite challenges – NBE
ADDIS ABABA (NBE) –The Ethiopian banking sector has registered a remarkable growth despite the fact that it faced various challenges such as COVID-19, internal conflict, […]
IMF staff team visits Ethiopia to discuss reform plans and economic developments
The purpose of the IMF staff visit to Ethiopia was to discuss reform plans and economic developments, which could provide important input for a future […]
Ethiopia’s financial sector set for transformation with launch of FSD Ethiopia
ADDIS ABABA – Newly-established development agency Financial Sector Deepening Ethiopia (FSD Ethiopia) was officially launched at the Hyatt Regency Hotel, Addis Ababa, Ethiopia. With funding […]
ZamZam Bank becomes the first full-fledged interest-free bank in Ethiopia
ADDIS ABABA (The Ethiopian Herald) – ZamZam Bank, the nation’s first fully-fledged, interest-free bank (IFB) to obtain operating license from the National Bank of Ethiopia […]
IMF reaches staff-level agreement with Ethiopia on extended credit and fund facilities
The International Monetary Fund (IMF) reaches a staff-level agreement for the first and second reviews of the extended credit facility and extended fund facility for […]
ICRC supports local manufacture of face shields in Ethiopia
The International Committee of the Red Cross (ICRC) is assisting six physical rehabilitation centers (PRCs) in four regions to manufacture 3,000 face shields locally in […]
Ethiopia grants first-ever license to a foreign-owned company Ethio Lease
NEW YORK/ADDIS ABBABA (PRNewswire) – The National Bank of Ethiopia granted the first financial services license to a foreign-owned company, Ethio Lease, as the Ethiopian Government […]