CBE launched CBE Connect Digital Wallet to channel diaspora remittances. The platform targets capturing part of $35 billion annual remittances. Only 22 % ($7. …

ESX reported 2,500 active investment accounts during its first year. Total trading value exceeded 12 million birr on the Ethiopian Securities Exchange. Account numbers …

Afreximbank terminated its credit rating relationship with Fitch on January 23, 2026. The decision followed a review finding Fitch’s ratings didn’t reflect Afreximbank’s mandate …

Ethiopia generated over USD 5. 1 billion in export earnings over the past six months, surpassing official targets. The export performance exceeded government expectations

The Ethiopian Capital Market Authority (ECMA) set the maximum investor compensation at 100,000 birr (~$640 USD

The International Finance Corporation (IFC) is considering up to $80 million A-loan to support MIDROC Ethiopia Plc’s Sheraton Addis project. The financing would cover …

Launch of StarPay: The Commercial Bank of Ethiopia (CBE) has launched a new digital payment platform called StarPay to integrate banking and payment services. …

Starting February 8, 2026, Ethiopia will impose a 5% levy on all mobile airtime and data purchases to fund the National Disaster Fund. The …

Ethiopia’s central bank allocated $70 million in foreign exchange at its latest auction. Total bids from commercial banks exceeded $94 million, indicating strong demand …

National Bank bans CAD payments for exports to certain African markets. The central bank barred the use of Cash Against Documents (CAD) for exports …

CBE plans to extend over 100 billion birr in loans this fiscal year. This funding targets the private sector, agriculture input suppliers, and public …

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The new NBE directive cited as "Foreign Exchange Exposure Limits of Banks Directive No. SBB/96/2025" has entered into force starting today November, 10th , …

African Export-Import Bank (Afreximbank) is set to pioneer Africa’s use of the Chinese renminbi (RMB) in project financing after becoming a direct participant in …