The National Bank of Ethiopia (NBE) has notified Ermyas Amelga, founding shareholder and former board chairman of Zemen Bank— the only one-branch…
(Bloomberg) — Ethiopian banks may become less profitable this year as deposit growth slows and because of a law that requires lenders…
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Ethiopia Can Get $7.6 Billion by Selling Ethiopian Airlines and 4 More Companies
(Bloomberg) Ethiopia’s government would raise 132 billion birr ($7.6 billion) if it sold the country’s five biggest state-owned companies to private investors,…