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National ID Program Becomes State-Owned Enterprise ‘Faydaverse,’ Joins EIH Portfolio
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Latest News
Banking & FinanceAbay Bank Launches International Prepaid Visa Card for Global Payments
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Banking & FinanceTsedey Bank Reports ETB 4.3 Billion Pre-Tax Profit, Highlights Strong Operational Turnaround
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NewsEthiopia Among Countries Affected as U.S. Raises Visa Deposit to $20,000
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EconomyFormer World Bank President Says Ethiopia’s Currency Float Deepened Poverty
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NewsAfreximbank, Gebeya Launch $50,000 Create-thon to Support African Creators in Music, Video and Gaming
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BusinessUS Pushes for American Firms to Join Ethiopian Airlines’ $12.5 Billion Airport Development
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Monday Breakfast Stories
The week in Ethiopian markets, over buna.
The Giant is Gianting
A former World Bank president spent this week arguing, in a World Bank working paper, that Ethiopia’s currency float made the poor poorer and handed the winnings to banks and well-connected firms. It is a contested claim, and a minority one inside the institutions that backed the reform. But the rest of the
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Who Gets In
If there is one question stitching this week together, it is a simple one: who gets let in, and on what terms. The central bank drew a calendar around the dollar and slammed a door on virtual assets. Three fintechs opened a credit line to borrowers no bank would touch, a coffee platform
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The Net Comes Down
For nearly three years, Ethiopian banks lived with a ceiling over their heads and a net beneath the economy. Last week, both came down. The National Bank of Ethiopia scrapped the credit growth cap entirely, raised its policy rate for the first time, and handed the job of managing money to markets. A
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Banking & Finance
Abay Bank Launches International Prepaid Visa Card for Global Payments
StockMarket.etABAYB0.00%
ABAYB0.00%Banking & Finance
Tsedey Bank Reports ETB 4.3 Billion Pre-Tax Profit, Highlights Strong Operational Turnaround
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News
Ethiopia Among Countries Affected as U.S. Raises Visa Deposit to $20,000
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Economy
Former World Bank President Says Ethiopia’s Currency Float Deepened Poverty
StockMarket.et
Deep Dive
Longer reads on the forces behind the numbers.
- Deep Dive10 min readThe Free Labor Economy In EthiopiaInside Ethiopia’s internship machine, where a generation works for nothing, learns even less, and the bill lands on everyone. The minibus from Ayat to Bole costs more than 30 birr each way. Hiwot, a composite of the many graduates who tell some version of this story, pays it twice a day, five days a week,Read
- Deep Dive7 min readThe Role of Capital Markets in Ethiopia’s Economic TransformationFor the past five decades, banks have been a one-stop shop for Ethiopian businesses to get financing. Before this, Ethiopia had a short-lived stock market in the 1960s and early 1970s called the Share Dealing Group, which operated under the imperial regime. Following the Derg regime, the financial system that followed consolidated almost entirely aroundRead
- Deep Dive12 min readWalking the Quantitative Tightrope as Ethiopia’s New Monetary Framework Enters a New EraEthiopia has dismantled the last of its emergency controls and handed the economy to a market-based framework held together by interlocking parts. Every piece now depends on every other piece and the National Bank of Ethiopia must keep all of them balanced at once, in high wind. In August 1974, Philippe Petit stepped onto aRead
More Stories
NewsAfreximbank, Gebeya Launch $50,000 Create-thon to Support African Creators in Music, Video and Gaming
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BusinessUS Pushes for American Firms to Join Ethiopian Airlines’ $12.5 Billion Airport Development
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BusinessEthiopian Airlines Reports $9.1 Billion Revenue, Carries 20.7 Million Passengers in FY 2025/26
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Capital MarketECMA Registers 2.8 Million Shares of Nib Insurance S.C.
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Banking & FinanceZemen Bank Reports 10.2 Billion Birr Profit, Assets Reach 116 Billion Birr
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Capital MarketBank of Abyssinia Becomes Sixth Company Listed on Ethiopian Securities Exchange
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