IMF Executive Board Approves Four-Year US$3.4 Billion Extended Credit Facility Arrangement for Ethiopia
The Executive Board of the International Monetary Fund (IMF) has approved a four-year arrangement under the Extended Credit Facility (ECF)...
Ethiopia’s National Bank Unveils Comprehensive Foreign Exchange Reforms
In a landmark move, the National Bank of Ethiopia (NBE) has announced sweeping reforms to the country’s foreign exchange (FX)...
Ethiopia Shifts to Market-Based FX Rate, Says PM Abiy
Prime Minister Abiy Ahmed has announced key policy measures under the second phase of the Homegrown Economic Reform Program (HGER...
“AI’s Impact on Capital Markets and Algorithmic Trading”
"This is a scam. A legal one, to be sure. But a scam, nonetheless. A kind of technological hold-up, neither...
National Bank of Ethiopia Permits Banks to Invest in and Establish Subsidiary Capital Market Service Providers
The National Bank of Ethiopia (NBE) has issued a new directive, effective immediately, that significantly changes the investment landscape for...
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