Remittance Dilemma

By Dawit Endeshaw After Saudi government decided to deport Ethiopian immigrant flow of remittance shows decline: World Bank report Zenebche Zelek, a 23 was waiting to receive money sent from Doha Qatar... Read more »
china in africa

Commercial Bank of Ethiopia Agrees $300 Million China Loan

(Bloomberg) — The Commercial Bank of Ethiopia signed a memorandum of understanding with the Export-Import Bank of China for a $300 million credit facility, Ethiopia’s state- owned lender said. “The amount is... Read more »
Commercial bank of Ethiopia future headquarter building

Ethiopia’s Commercial bank deposit reaches US$ 4 billion

APA-Addis Ababa (Ethiopia) The Commercial Bank of Ethiopia (CBE) announced on Thursday in Addis Ababa that its deposit has reached around US$4 billion, which shows over US$ 70 million rise in the... Read more »