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Ethiopia still nursing 28.7 billion USD in conflict wounds, study shows
Ethiopia’s estimated damages and losses in one year from November 2020 to December 2021 due to conflicts in 6 regions stands at 28.7billion dollars.
In...
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Central bank deploys ‘regulatory sandbox’ to expand financial sector
National Bank of Ethiopia (NBE) announces that it is currently bridging the financial gap by facilitating a regulatory sandbox for interest free banking (IFB)...
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Mortgage financier, Goh Betoch, lobbies for a housing fund
The one and only mortgage bank in Ethiopia, Goh Betoch Bank (GBB), tables its policy recommendations to the central bank, National Bank of Ethiopia...
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Selam Bank ‘Is not to be!’
Frustration, uncertainty engulfs investors
The much anticipated unveiling of the under formation mortgage bank, Selam bank, falls through the cracks.
The founders agreed with Goh-Betoch Bank...
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Inconsistent tax incentives, forex shortage derail Ethiopia’s electrification ambitions, reveal experts
Required foreign currency and tax and customs issues hamper the country in meeting the National Electrification Program (NEP) 2.0 target that is to be...
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Greek Community School in uphill discord with Gov’t
The Greek Community School accuses the government of trying to illegally seize its property.
As the situation heats ups, the school's board of directors has...
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ESL’s ultramax on pace to dock in mid June
The recently swapped ultramax vessel is expected to dock its anchor mid this month at Djibouti, Ethiopia’s sea harbor hub, for the first time....
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Djibouti’s container port flies high in CPPI rankings
Djibouti port, Ethiopia’s main sea cargo outlet, maintains it status at top position on the World Bank and S&P Global Market Intelligence container port...
