Ethiopia’s Council of Ministers Approves 2018 Budget and Long-Awaited Startup Act
2018 Federal Budget Approval During its 47th regular meeting on May 28, 2025, Ethiopia’s Council of Ministers reviewed and approved...
CBE Capital Becomes ESX Member
A Milestone for Ethiopia’s First Private Investment Bank CBE Capital Investment Bank, S.C., which launched as Ethiopia’s first private investment...
Wegagen Capital Launches as Ethiopia’s First Private Investment Bank
Ethiopia’s First Private Investment Bank Begins Operations Wegagen Capital Investment Bank S.C., a subsidiary of Wegagen Bank, has officially launched...
Ethiopia’s HPR Approves Loan Agreements with Arab Bank and IDA for Development Projects
Loan Agreement with Arab Bank for Youth Employment During its regular session on June 3, 2025, Ethiopia’s House of People’s...
IMF and Ethiopia Reach Agreement on Third Review of $3.4 Billion ECF Program
Staff-Level Agreement on ECF Review The International Monetary Fund (IMF) and Ethiopian authorities have finalized a staff-level agreement on the...
Ethiopia’s Council of Ministers Sets 5-year Fiscal Plan and Approves Key Financial Deals
Economic Roadmap for the Next Five Years During its 46th regular session, Ethiopia’s Council of Ministers gave the green light...
Ethiopia Tightens the Rules for Digital Payment Providers
In a bold regulatory shake-up, the National Bank of Ethiopia (NBE) has issued a new directive — Licensing and Authorization...
Commercial Bank of Ethiopia Commits 120 Billion Birr to Address Government Employees’ Housing Needs
CBE Partners with Addis Ababa City Administration The Commercial Bank of Ethiopia (CBE) has announced a 120 billion Birr financing...
National Bank of Ethiopia Introduces Foreign Exchange Market Reforms
New Measures for Ethiopia’s Foreign Exchange Market The National Bank of Ethiopia (NBE) has announced a series of reforms to...
Ethiopian Investment Holdings Sets Stage with 7 Billion Birr Treasury Bills Breakthrough
Ethiopian Investment Holdings (EIH) has achieved a significant milestone by participating in the recent Treasury Bills (T-bills) auction, a move...
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