A consensus mechanism used in some blockchain networks, where validators are chosen to create new blocks based on the number of coins they hold and “stake” as collateral.
The African Development Bank (AfDB) has approved a $50 million trade finance guarantee for Awash Bank, Ethiopia’s largest private bank...
Ethiopia’s bold economic reforms have won another vote of confidence from the International Monetary Fund (IMF), which on July 2,...
In a major step toward stabilizing its public finances, the Ethiopian government has finalized a Memorandum of Understanding (MoU) with...
Zemen Bank has reported a remarkable profit of 9 billion birr for the just-concluded financial year, with total revenue reaching...
The Commercial Bank of Ethiopia (CBE) has reported a major milestone for the 2024/25 fiscal year, mobilizing over 515 billion...
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