ADDIS ABABA — Experts believe that allowing foreign banks to operate in Ethiopia would significantly benefit the local financial sector. They argued that this move would boost competitiveness ...

The Council of Ministers of Ethiopia has approved a bill that will allow foreign banks to acquire shares in local credit institutions. This is reported by foreign media. For 30 years, the government's ...

Analysts expect intensifying competition as Kenyan banks leverage their ... are barred from owning houses in Ethiopia, either residential or commercial buildings, which is seen as a hurdle to ...