eQub; a merge between traditional and modern finance
The tradition of eQub is an Ethiopian tradition where a group of relatives, friends, or people within specific communities agree to contribute a certain amount every month and take turns…
The tradition of eQub is an Ethiopian tradition where a group of relatives, friends, or people within specific communities agree to contribute a certain amount every month and take turns…
The fund is intended to provide support to rural organisations that have been adversely affected by the COVID-19 pandemic.
Ethiopia had been listed as part of the DSSI a few weeks ago and the country now seems set on using that advantage to the fullest.
The investment firm operates in Kenya and several other African countries as a boutique investment bank.
Ethiopia is among a list of seven other African countries that the bank plans to expand investment into, increasing the number of countries it operates in to 19.
Ethiopia's total debt is currently listed at 54.7 billion USD, an amount that is marginally lower than the country's debt at the same time last year.
Some experts are wary of the changes and the impact they are going to have on Ethiopia’s financial sector laws.
While Ethiopia currently has a viable commodity exchange market, ECX, the nation's development plans desperately need a formal market for trading corporate resources.