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
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) – […]
New bank aimed at providing loan for housing construction set to enter market
New financial institution, named Goh Betoch Bank, which aims to reintroduce mortgage banking loan for housing construction has set to sell shares to the public. […]
Ethiopia steps up health spending with help from IMF emergency assistance ― IMF Country Focus
(IMF Country Focus) – The International Monetary Fund (IMF) has approved $411 million in emergency assistance for Ethiopia to help fight the coronavirus pandemic in […]
Ethiopia: Racing to become a leader in digitally-enabled financial inclusion
Ethiopia challenges many of our assumptions as it creates its own digital finance ecosystem, say Microfinance Gateway contributors By Shelley Spencer, Mandana Nakhai & Faith Bartz […]
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 […]
Ethiopia, Sudan to Sign Currency Swap Deal
ADDIS ABABA (FBC) – Ethiopia and Sudan are set to sign a currency swap deal after a month. According to the National Bank of Ethiopia […]
TDB Bank Approves $60mln Loan Request from Three Ethiopian Companies
The Eastern and Southern Africa Trade and Development Bank (TDB) formerly, PTA bank has approved $60 million loan borrowed by three Ethiopian companies. The bank […]