The African Development Bank Group has approved $400,000 in grant funding to deepen Ethiopia's capital markets.Under the Ethiopia Capital Market Development Support Project, the grant will advance ...

Ethiopia’s Minister of Finance and Vice Chair of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) ...

Ethiopia’s banking industry currently includes 32 institutions, dominated by the state-owned Commercial Bank of Ethiopia (CBE), which holds about 22% market share. Five private banks, including Awash, ...

The African Export-Import Bank (Afreximbank) named veteran executive Dr George Elombi as its next president and board ...

The threat to close the Strait of Hormuz may still surface in public statements, but operationally, the network no longer ...

In the UK, the terms business banking and commercial banking may be used to differentiate between a bank’s financial services, depending on the size of the business.

The Commercial Bank of Ethiopia (CBE) and MasterCard have introduced a new range of plastic and virtual payment cards. The move aims to provide secure and seamless access to global digital payments ...

Banks with high credit losses, greater exposure to interest rate increases, low capital, and high uninsured leverage are particularly vulnerable. Focusing on 2022’s monetary tightening, we assess ...

Objective The aim of this review was to identify, appraise and synthesise studies that reported on the contribution of women’s development army (WDA) to maternal and child health development. Setting ...

A joint venture between Arden Logistics Parks (ALP) and asset management firm Arcapita has sealed a $700 million commercial mortgage-backed securities (CMBS) loan to refinance a 167-property ...

A data center operator, Wingu Africa, has announced the obtention of $60 million to accelerate the rollout of critical digital connectivity infrastructure in Ethiopia, Djibouti and Tanzania. In the ...