The National Bank of Ethiopia has announced a Special Foreign Exchange Auction, offering $60 million to commercial banks, ...

Ethiopia’s Digital ID (Fayda) is closing the gender gap, empowering women to access social protection payments, open bank ...

The National Bank of Ethiopia (NBE) hereby announces the results of the Special Foreign Exchange Auction held today, February ...

Banks are the backbone of credit intermediation and savings mobilization in most emerging markets and developing economies. A key determinant of lending ...

East African economies are projected to remain the fastest-growing in Africa, with growth rates of 5.3per cent in 2025 and ...

Macquarie Bank has joined the major banks in announcing rate cuts following the RBA's decision today. It says it will decrease its variable home loan reference rates by 0.25% per annum effective ...

The National Database and Registration Authority (NADRA ... which have resulted in low registration rates, identity fraud, and data discrepancies. To address these issues, NR&BP works on integrating ...

The National ID Program of Ethiopia (NIDP) has launched the Fayda ID app with the aim of streamlining national ID services and management. According to the ID authority, the app which was developed by ...

Banks have generally been reluctant to lend borrowers more than 5.3 times their pre-tax salary, since the Reserve Bank raised interest rates in November 2023 for the 13th time in 18 months.

Addis Ababa, Ethiopia – A group of distinguished Liberian professionals working in Ethiopia and beyond met with President Joseph Nyuma Boakai, Sr., to discuss key issues related to Liberia’s ...

Addis Ababa, February 9, 2025 (POA)—On the occasion her official working visit to Ethiopia, the National Bank of ... monetary, exchange rate, and financial sector policies.