CBE lost over six billion birr within hours due to fraudulence which the authorities said was due to a “system failure”.

The National Bank of Ethiopia (NBE) has directed all commercial banks to set fees and charges related to purchases of foreign ...

Ethiopia is making a bold architectural and economic statement with the revival of plans to construct what will become Sub-Saharan Africa's tallest skyscraper--an iconic new headquarters for Ethiopian ...

A new report from ActionAid International has issued a stark warning to Ethiopia, calling on the government to abandon IMF-prescribed austerity measures amid ...

As more mobile money providers offer access to credit, savings and insurance products, going beyond payments could improve ...

The Central Bank of Nigeria (CBN) has outlined clear roles for banks and International Money Transfer Operators (IMTOs) in ...

The Trump administration marked a significant phase in Africa's ongoing evolution toward greater economic autonomy, notably through its prioritization of ...

This coupled with a share price appreciation of 90.0% recorded in the year amounts to a total shareholder return of 97.2% in 2024 up from -42.5% in 2023 KCB Group Plc shareholders have approved a KShs ...

The first is that the importer must apply for an approval of foreign currency to a commercial bank which is authorized by the National Bank of Ethiopia. As part of the request, the importer must ...

After clinching their second consecutive Football Kenya Federation Women Premier League (FKF-WPL) title, Kenya Police Bullets ...

Rwanda has announced plans to invest Rwf12.2 billion in implementing a national digital ID system during the next fiscal year, building upon its World Bank-supported digital identity initiative ...