PayWay Ethiopia receives grant to facilitate job opportunities
The LI-WAY programme is a five-year poverty reduction programme established by a consortium led by SNV Netherlands Development Organisation.
Banks prohibited from giving out loan insurance appeal to the government to intercede on their behalf
In related developments, the National Bank of Ethiopia has also introduced a new paid-up capital requirement for banks.
Zemen and Wegagen Bank report increases in annual gross profits
The total capital of Ethiopian banks has grown by more than 18 percent and is expected to grow by at least 50 percent in the coming year.
Ethiopian banks submit financial reports throughout December
Ethiopia is proving to be one of the countries that has been able to navigate with relative success around and through the COVID-19 pandemic's economic impacts.