Ethiopia offers scant hope of financial liberalization

By William Davison A Chinese contractor and local labourers work at a metro-line station in Ethiopia’s capital Addis Ababa When members of Ethiopia’s banking and business community gathered in the glitzy Sheraton... Read more »
National Bank of Ethiopia

Ethiopian Central Bank Increases Saving Interest Rate to 5%

APA-Addis Ababa (Ethiopia) The National Bank of Ethiopia (NBE) on Monday announced increase in savings interest rate to five percent from four percent previously with a view to encouraging savers. It is... Read more »