Key Takeaways:• May 14, 2026 deadline triggered account restrictions for customers without Fayda-linked bank accounts.• Ethiopian Diaspora Service announced temporary exemptions for overseas Ethiopians …
Key Takeaways:• May 25, 2026 directive lets banks approve LCs and CAD without prior NBE approval.• National Bank of Ethiopia revised foreign-exchange rules for …
- CBE rolls out commodity-backed financing for clients in the agriculture sector.- Borrowers can use crops stored in warehouses as collateral if they provide …
- Around 30 senior executives from South African insurers—including Discovery, Old Mutual, Santam, Absa Group and Sanlam—visited Ethiopia and predicted major insurers will enter …
• 96 product categories are targeted under Ethiopia’s import-substitution manufacturing agenda.• Prime Minister Abiy Ahmed announced legislation requiring banks to allocate more credit to …
• 23-year WTO accession bid has reached a “critical juncture,” according to Trade Minister Kassahun Gofe.• Fuel-powered vehicle imports were restricted in early 2024 …
• Up to 49% foreign ownership proposed in Ethiopian insurance companies. • National Bank of Ethiopia (NBE) released draft proclamation proposing foreign insurer participation. …
• 2021 Capital Markets Proclamation underpins CIS directive finalized by Ethiopian Capital Market Authority. • Directive includes Real Estate Investment Funds structure within Ethiopia’s …
Addis Ababa — Ethiopia’s Ministry of Finance has issued a directive supporting income tax exemptions for investors operating in free trade zones, in a …
National Bank of Ethiopia maintains credit growth cap at 24%Decision taken by Monetary Policy Committee (MPC) in March 2026 reviewPolicy framework introduced in 2023 …
National Bank caps interbank transfers, restricting fund movement between banks Industrial park tenants report operational disruptions due to transfer limits Companies unable to pay …
National Bank of Ethiopia expands regulatory oversight across insurance sectorNew directive extends supervision beyond shareholders to agents and intermediariesInsurance agents now subject to stricter …
Import clearance period proposed to extend from 30 days to 45 daysImporters allowed partial cargo release before full documentation completionReform targets reduction in port …
National Bank of Ethiopia to launch interdealer FX trading platform in 2026. Current export FX surrender requirement stands at 70%. Exporters retain 30% under …