Enhancing this achievement is the fact that Hibret Bank implemented the latest version of its core…
Tag: Ethiopian Finance
Ethiopia seeks to restructure debt for over USD 1 billion
Ethiopia adopted the Debt Service Suspension Initiative of the G20 Summit back in February to restructure…
World Intellectual Property Organisation Global Innovation Index 2020
The Global Innovation Index ranks 131 countries on their innovation capabilities based on approximately 80 aspects.
Prime Minister Abiy reports on Ethiopia’s economic situation to the House of People’s Representatives
Ethiopia’s foreign trade earnings have grown by 18 percent to USD 3.5 billion.
Council of Ministers approves the receipt of USD 1.13 billion in loans
The loans are going to be used to finance four development projects that the government is…
Berebera Port’s renovated container terminals begin operations
The new terminals have the capacity to house 500,000 containers at a time and service more…
Ministry of Finance assures steps taken to address inflation and other issues in budget proposal
According to Teferri Mekonnen, a senior budget advisor to the Ministry of Finance, the ministry is…
eQub; a merge between traditional and modern finance
The tradition of eQub is an Ethiopian tradition where a group of relatives, friends, or people…
European Union makes donation to support rural organisations in Ethiopia
The fund is intended to provide support to rural organisations that have been adversely affected by…
Ethiopia seeking more debt relief; experts say might increase market pressures on other poor countries
Ethiopia had been listed as part of the DSSI a few weeks ago and the country…