News - Financial
While the gap between the official and black-market rates has narrowed from over 100% to around 8%, the rates should be nearly identicalCurrently, many …
May 09, 2025
News-Banks-Financial
Latest category articles
News - Financial
The facility, approved under the AfDB’s Transaction Guarantee Product, will allow Dashen Bank to issue letters of credit and other trade instruments backed by …
May 02, 2025
News - Financial
Key conditions for disbursement included the government issuing a 900 billion birr bond, which is a prerequisite for CBE to receive USD 250 million …
May 01, 2025
News - Financial
Will steer 10 billion Br to small- and medium-size enterprises, four billion Birr to finance smartphones and other devices, and 1. 3 billion Br …
May 01, 2025
News - Financial
the same rating it issued after Ethiopia failed to pay the first USD 33 million coupon on its USD one billion Eurobond in December …
May 01, 2025
News - Financial
The directive allows foreign investors to engage in the export trade of raw coffee, khat, oilseeds, pulses, hides and skins, forest products, poultry, and …
Apr 14, 2025
News - Financial
- The directive mandates a minimum paid-up capital of five billion birr—approximately 39. 7 million US dollars at the current average exchange rate of …
Apr 08, 2025
News - Financial
- This decision aims to allocate a portion of the foreign exchange accumulated at the NBE to the private sector. - The auctions will …
Apr 08, 2025
News - Financial
CBE Capital SC and Wegagen Capital Investment Bank SC have acquired investment banking licenses
Apr 07, 2025
News - Financial
- The service, set to begin on February 24, 2025, is also being rolled out in Morocco, Egypt, Tanzania, Algeria, and South Africa.- The …
Apr 06, 2025
News - Financial
Officials want to see ESX host at least 90 initial public offerings (IPOs) in the coming years. Shares, equity, and debt securities will be …
Apr 06, 2025
News - Financial
Earlier this year, the cap was increased 14% to 18% due to declining inflation, tight monetary conditions, and improved supply-side factors. Prior to the …
Apr 06, 2025