In many parts of Africa, because of the colonial legacy, state control of the financial services sector held back access to ...

In Ethiopia, the Traditional Retail Banking market market is expected to witness a significant increase in Net Interest Income, reaching a projected value of US$2.05bn in 2024. This growth is ...

The Commercial Bank of Ethiopia (CBE) and the Ministry of Innovation and Technology have signed an agreement to digitize payment collections for federal agencies.

Addis Abeba — A striking imbalance persists within Ethiopia's banking industry, where a mere 0.5% of borrowers hold nearly three-quarters of all loans, while the agricultural sector continues to ...

ZamZam Bank, Ethiopia's premier fully interest-free banking institution, has entered into a strategic partnership with Santim Pay. The agreement, signed today by officials from both organizations, ...

Ethiopia's biggest commercial bank is scrambling to recoup large sums of money withdrawn by customers after a "systems glitch". The customers discovered early on Saturday that they could take out ...