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I-Capital Africa inks partnership agreement with NSE
Spread the NewsNairobi Securities Exchange (NSE), one of the leading African Exchanges, has inked a partnership agreement with The i-Capital Africa Institute to enter the Ethiopian market as a prominent capacity developer and advisor for the newly developing Capital Market. The agreement was signed on Tuesday at Sapphire Addis Hotel among Gemechu Waktola, Founder and…

Expert urges to use AfCFTA for Ethiopia’s tourism growth
Spread the News An expert said that Ethiopia should exploit the potentials of the African Continental Free Trade Agreement (AfCFTA) to maximize the benefits of its tourism sector. Yonas Bekele, Expert at the United Nations Economic Commission for Africa’s (UNECA) Private Sector Development and Finance Division, urged on Friday that Ethiopia take advantage of the…

EthSwitch to implement shared security operation center for financial sector
Spread the News EthSwitch Share Company, Ethiopia’s National Switch, has commenced a project to implement a shared Security Operation Center (SOC) for the financial and payment industry. Project’s commencement was disclosed on Thursday during a program held at Inter-Luxury Hotel, organized by EthSwitch for the financial industry executives and other stakeholders. The project will be…

Enat Bank opens its 100th branch in Arba Minch
Spread the NewsEnat Bank Share Company has opened its 100th branch in Arba Minch town on Saturday, June 4, 2022. Ermias Andargie, President of Enat Bank said during the inauguration that, “Enat has been striving to boost women’s role in the economy and envisions expanding and providing efficient services.” He added: “To achieve the vision…

Ethiopia transacts close to 300 bln Birr through Fintechs annually
Spread the NewsEthiopia is transacting close to 300 billion Birr through financial technologies (fintechs), which is estimated to be 10% of the Gross Domestic Product (GDP), according to a fintech expert. As the fintech coverage increases in the long run the share of its contribution to nation’s economy would be likely to increase, said Yilikal…