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 […]
Search Results for financial sector
What Ethiopia’s Energy Sector Looks Like: Overview
Ethiopia’s Energy Sector: The Government of Ethiopia, under its latest Growth and Transformation Plan (GTP), envisions transitioning from a developing country to a middle-income country […]
Ethiopia boosts capital market in London landmark partnership signing with CISI and ECMA
The Ethiopian Capital Markets Authority (ECMA) and the Chartered Institute for Securities & Investment (CISI) have formalized a new partnership in London marking a significant […]
Oromia Bank selects CR2’s BankWorld to advance its digital banking transformation strategy
ADDIS ABABA – Oromia Bank selects CR2’s BankWorld to advance its digital banking transformation strategy in Ethiopia. The official contract signing ceremony took place in […]
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 […]
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 […]
Lion International Bank partners with Thunes to launch cash pickup service
SINGAPORE (Thunes) – Ethiopia’s Lion International Bank S.C. (LIB) partners with Singapore-based global cross-border payment provider Thunes to launch a cash pickup service in Ethiopia. […]
The Mastercard Foundation MSE’s Resilience Facility to support businesses in Ethiopia affected by COVID-19
ADDIS ABABA (Mastercard Foundation)– Mastercard Foundation, in partnership with the Jobs Creation Commission and First Consult, has announced the creation of the Mastercard Foundation MSE’s […]
What the recent IMF-support fund means to Ethiopia’s Homegrown Economic Reform Plan, in summary
The International Monetary Fund (IMF) recently approved a financing package (IMF-supported program), amounting to US$2.9 billion, to Ethiopia to help the country implement the Homegrown […]
IMF reaches staff-level agreement on a US$2.9 billion financing package with Ethiopia to support Homegrown Economic Reform Program
The overall objective of the financing package would be to support implementation of the authorities’ Homegrown Economic Reform Program WASHINGTON, DC (IMF) – An International […]