International banks and investors can apply for a licence to operate in Ethiopia immediately, according to a central bank statement, capping the government's drive to attract more overseas investment ...

Gadaa Bank, a domestically owned commercial lender, has become the second company to list on Ethiopia’s nascent stock market ...

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

International traders can spend only 20% of the foreign currency they bring to Ethiopia – 70% goes to the NBE and 10% to commercial banks. In April 2022, the NBE tried to mitigate inflation by ...

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

Welcome to our live blog covering the latest developments from across Africa. Follow real-time updates on political ...

Manny Friedman, Co-Founder and Co-Chief Executive Officer of EJF, said, “We are pleased to once again structure and sponsor a securitization transaction for Third Coast Bank that will reduce the ...

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 typical investment bank operates in a rigid, strict hierarchy, more so than most corporate or financial institutions. In his book "How to Be an Investment Banker: Recruiting, Interviewing, and ...