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Category: Banks

Jun 24
5th Int’l Interest-Free Banking & Takaful Conference will be held in Ethiopia

Event Aims to Advance Financial Inclusion and Economic Development CIBEPress Release (24 June 2024 Dubai, UAE): AlHuda Centre of Islamic Banking and Economics (CIBE) is honored to organize 5th International Interest-Free Banking & Takaful in Ethiopia. The event is successfully held for many years in Ethiopia for the betterment of the socio-economic conditions of the […]

Dec 22
Shelter Afrique Development Bank Pioneers Affordable Housing Credit Guarantee Program in Nigeria with initial debt financing guarantee structure with Infracredit Nigeria

By  Mike Omuodo Nairobi, 21 December 2023 – Shelter Afrique Development Bank (ShafDB), a leading Pan-African institution committed to financing and advancing housing, urban, and related infrastructure development, is delighted to announce its innovative Affordable Housing Credit Guarantee Program in Nigeria, fully approved by its Board of Directors. The innovative financing structure has begun with […]

Nov 29
European Investment Bank Supports Africa’s First of a Kind Cold Storage Facility Launch in Kenya

PRESS RELEASE The ARCH Cold Chain Solutions Fund has opened the doors to its flagship cold storage facility in Tatu City Special Economic Zone (SEZ), Nairobi, Kenya. The facility consists of a state-of-the-art, temperature-controlled facility as well as a fleet of vehicles for the storage and distribution of perishable food products and pharmaceuticals. The facility […]

Sep 27
Tsedey Bank operational with 148 branches across Ethiopia

borkena  Ethiopia is still getting new banks. Last week, Tsedey Bank was inaugurated. Tsedey is an Amharic word for the spring season in Ethiopia.   It is established with over 7.5 billion birr working capital.  It is what used to be Amhara Credit and Savings Institute (ACSI) that transformed itself into Tsedey Bank.  Continue reading on […]

Aug 07
Top 8 Banks in Ethiopia 2022

Ethiopia is one of Africa’s fast-growing economies. This rising economic power is an interesting place for banks to expand their business. With the vast resources that Ethiopia has been creating , it’s a lucrative market for commercial banks. There are several banks in Ethiopia, each with its unique set of services. In this article, we […]