The loans are going to be used to finance four development projects that the government is undertaking.
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.
Ethiopia is currently in dire need of increasing its foreign currency reserves but the policies it has adopted to do…
The fund is part of African Development Bank's Africa Digital Financial Inclusion (AFDI), a program that is a collaboration with…
The first stimulus package for the hospitality industry expired on November 10th, 2020.
Ethio Lease has also provided more than 85 combine harvesters to farmers across Ethiopia.