Ethiopia, Arab Bank Agree to Co-Finance Agro-Industrial Parks
The Arab Bank for Economic Development in Africa (BADEA) signed a letter of intent with the Ethiopian Ministry of Finance. The letter of intent aims...
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Ethiopia to open banks for Ethiopian investors in diaspora
The government of Ethiopia recently passed a law that will enable Ethiopian in other parts of the world to invest in the country’s financial services...
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Egypt’s CIB to Open Representative Office in Ethiopia July-End
Egypt’s Commercial International Bank (CIB) will open a representative office in Ethiopia at the end of this month, Amwal Al Ghad an Egyptian financial news...
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Private Bank Board Member Questions Fairness of Dollar Distribution
Applauding the recent move by the National Bank of Ethiopia (NBE) to distribute 100 million USD to 16 private banks, Board Member of a private...
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Ethiopia to Permits Ethiopians by Invest in Banking Sector
The Council of Ministers in its urgent session yesterday, approved a draft law that allows foreign nationals of Ethiopian origin to invest in the banking...
