Currently, the only major player in the banking sector is the state-run Commercial Bank of Ethiopia. Abiy's efforts have been derailed by a two-year civil war, a destabilized currency, and slow ...

During a press briefing on November 28, 2024, Fasikaw Mola, Deputy Director of the Civil Society Organizations Authority, stated that the Authority would "pass a final decision in a short time ...

Wheaton Precious Metals has announced a strategic acquisition of a gold stream from Allied Gold’s Kurmuk Project in Ethiopia, marking the country’s first commercial gold mine. This agreement ...

Each week, the Office of the Comptroller of the Currency or OCC shares a list of bank branches that will be closing in the coming months. Some of these bulletins include closures of several Bank ...

Ethiopia has joined other countries across the continent to celebrate the African Development Bank's 60th anniversary with a colourful ... the building of ERC Headquarters for Mixed-use Commercial ...

Ethiopia's deal to build a port in Somaliland had infuriated Somalia, prompting fears of wider conflict. Hundreds have reportedly detained in recent weeks as relations between the two countries ...

EXTERNAL VACANCY ANNOUNCEMENT (December 16, 2024) Global Bank Ethiopia S.C wants to recruit the following professionals; 1. Job Title: Branch Manager I Education (Minimum): BA in Accounting ...

The proclamation allows foreign banks to enter the Ethiopian market by establishing subsidiaries, opening branches ... Ethiopia, commercial banks are categorized into three groups based on asset size: ...

Commercial Bank globally unveils its First Commercial Bank Limited-Edition World Elite Mastercard Credit Card with unique Mastercard gold logo Doha, Qatar: Commercial Bank, a leader in ...

DIFC Bank of Communications branch aims to promote economic ... China Construction Bank Corporation and Industrial and Commercial Bank of China. DIFC plays an integral role in driving Dubai’s economic ...