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Women in Ethiopia are still struggling to access finance, facing higher rejection rates and smaller loans than men. They are also underrepresented in the fast-growing digital payments sector, where they make up just 22% of users. The National Bank of Ethiopia (NBE), with backing from the World Bank’s Africa Gender Innovation Lab, has rolled out
In a landmark development for Ethiopia’s capital market, Wegagen Capital Investment Bank has executed the country’s first-ever inter-broker trade involving Government Treasury Bills and listed securities on the Ethiopian Securities Exchange (ESX). The historic transaction was unveiled during the official listing ceremony of Government T-bills and the launch of securities trading operations, held on July
They were the new kids on the block just three years ago. Now, they’re ringing the bell at the Ethiopian Securities Exchange (ESX). Gadaa Bank officially became the second bank to list on the ESX, following Wegagen Bank’s debut earlier this year. With 1.23 million ordinary shares hitting the trading board, Gadaa’s move is more
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