Sunday, March 26, 2023

Tag: Finance

Central bank grants ArifPay first Fintech license

The National Bank of Ethiopia (NBE) gives the first Fintech license to ArifPay, enabling it to become a pioneer private payment systems operator and Gateway service provider.

Technological limitation challenges finance intelligence in regions

Technological limitation at regional offices challenged efforts to introduce the application of a finance intelligence system, announced Mulugeta Temesgen, supervision leader at the Finance Intelligence Centre (FIC).

 “Being on sleeping giants list is embarrassing,”

The sole telecom operator in the country, ethio-telecom, aims to remove Ethiopia from the sleeping giants list in providing mobile money services.

DBE lifts 20 percent payment request on leased property

The Development Bank of Ethiopia (DBE) lifted the requirement for businesses to pay 20 percent of the total worth of a leased property.

Four banks close to going operational

Four new banks, owned by almost 200,000 shareholders, are in their final stages of receiving a license from the National Bank of Ethiopia (NBE). The banks have already held their first general assembly and met other requirements set by the central bank.


Coffee exporters, suppliers vexed over mysterious robbery

Leaves exporters, suppliers perturbed Exporters and suppliers in the coffee...

Conflict in Oromia impedes national dialogue preparations

Over 10 political parties yet to be on-boarded to...

IMF weighs Ethiopia’s funding request

Soon, talks will start on a new program for...

EZEMA, NAMA denounce TPLF’s removal from terrorist list

The Ethiopian Citizens for Social Justice (EZEMA) and the...