Dr. Yohannes Ayalew Appointed CEO of Amhara Bank
Dr. Yohannes Ayalew has been appointed as the new CEO of Amhara Bank , effective September 13, 2024. This announcement came following his voluntary...
Ethiopia’s Economic Crossroads: Navigating Reforms Amidst Financial Turmoil
By- Fahad Garba Aliyu
Ethiopia has reached a critical juncture, closing its currency at a surprisingly pivotal moment, a decision rooted in decades of economic...
Ethiopia’s Banking Sector Reaches Trillion-Birr Milestone: A Financial Achievement in 2016
Ethiopia’s financial sector has remained robust by all standards over the last fiscal year, according to recent reports. A few months ago, the National...
Ethiopia’s Money Market Auctions in Decline: Fewer Banks, Bigger Bids, and What’s Next
Participation in Ethiopia’s open market operation (OMO), the central money market auction introduced by the National Bank of Ethiopia (NBE) in July, has steadily...
Rising Costs and Festive Spirits: The Impact of Ethiopia’s New FX Regime
The Ethiopian New Year is a time for family gatherings, new clothes, and fresh starts. Yet this year, the festive mood is marred by...
Korean Government Commits $2 Billion Financing for Ethiopian Projects
Addis Ababa, Ethiopia – The Korean government has agreed to provide $2 billion in financing for eight key development projects in Ethiopia over the...
