Fintech Summit Sheds Light on Ethiopia Market Opportunity
On November 21, 2019 over 400 fintechs, regulators, investors, and financial service executives from across 30 countries and 4 continents convened at the Sheraton Addis...
Finance
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Tanzanian Exim Bank to start operations in Ethiop
The Tanzanian Exim Bank Group is set to start its operations in Ethiopia on December, according to The Citizen Reporter. It will become the first...
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U.S. International Development Finance Corporation (DFC) Visits Ethiopia to Discuss New Program to Advance Financing Solutions
Press Release Addis Ababa, November 15, 2019- Adam Boehler, Chief Executive Officer of the U.S. International Development Finance Corporation (DFC), visited Ethiopia November 13-14 to...
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Ministry to pay back 25 bln. ETB debt
Government of Ethiopia has planned to return about 25 billion Birr debt for upcoming budget year The Ethiopian Herald learnt. Ministry of Finance Ministry Public...
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Ethiopia’s Debt Burden to GDP Ratio Exceeding Level
Ethiopia’s debt burden remains at high-risk over the past fiscal year exceeding the 55 percent threshold, according to a report of Ministry of Finance. Briefing...
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Ethiopia, World Bank Sign $300m Financing Agreement For One WASH
Ethiopia and the World Bank signed a financing agreement amounting to $300 million for water supply, sanitation, and hygiene (WASH) service. The agreement was signed...
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Ethiopia’s State Debt Reaches 27 Billion USD
Currently, the state debt of Ethiopia reached $27 billion, while the total local debt is hitting 731 billion birr, Ethiopian Ministry of Finance Ahmed Shide...
