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 […]
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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, […]
NBE Unveils National Financial Inclusion Strategy
ADDIS ABABA (ENA)–A National Financial Inclusion Strategy that envisions providing universal access through innovative and convenient channels was unveiled on October 2 by the National Bank […]
ICRC in Ethiopia: Healthcare crisis in Oromia exacerbated by massive displacement
ADDIS ABABA (ICRC) – The ongoing violence in the Oromia region of Ethiopia has taken a toll on critical infrastructure. Health facilities and water systems […]
San Francisco-based tax firm Andersen Global broadens footprint in Ethiopia with local tax firm HIMA
This collaboration with HIMA will position Andersen Global for further growth as the international tax firm aims to build out its presence and capabilities in […]
Ethiopian Airlines becomes the first airline to order Airbus’ A350-1000 aircraft
ADDIS ABABA – Ethiopian Airlines Group, the flag carrier of Ethiopia, Africa’s largest airline group, has upsized four of its A350-900 on order to the largest variant […]
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 […]
Meet the Board of Directors Liability and Asset Management Corporation (LAMC)
Tegegnework Gettu (PhD) has been appointed as the Chairperson of the Liability and Asset Management Corporation (LAMC). The Corporation will be focusing on absorbing and […]
Ethiopia launches National Digital Payments with the support of EU, OACPS and UNCDF
The National Digital Payments program can address financial and digital inclusion and can contribute to reducing poverty among all population demographics ADDIS ABABA (UNCDF) – […]
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 […]