88 results
post
post
In the span of just a few days, Ethiopia’s foreign exchange market went from chaos to crackdown and possibly, a new kind of clarity. By the end of July, the unofficial (parallel) market exchange rate had breached 170 birr per USD, igniting panic among traders, importers, and the diaspora. The National Bank of Ethiopia (NBE)
M-PESA Safaricom Mobile Financial Services PLC has announced a strategic partnership with Dashen Bank S.C. and CashGo to revolutionize international remittance services in Ethiopia. This collaboration aims to provide Ethiopians with a seamless, secure, and efficient way to receive money from abroad directly into their M-PESA mobile wallets, marking a significant step forward in the
Ethiopian banks continue to make strides in the African banking landscape, contributing five institutions to the 2024 African Top 100 Banks list. Leading the charge is the state-owned Commercial Bank of Ethiopia (CBE), which ranks third in East Africa and 28th in Africa overall. CBE reported a Tier 1 capital of $1 billion and an
post
newsletter
newsletter
newsletter
post
post
newsletter
