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Ethiopia's biggest bank says it has recouped most of the cash lost during a system glitch
Associated Press via AOL· 1 month agoEthiopia’s biggest bank says it has recouped nearly 80% of the cash it lost during what it says was...
Ethiopia's call for foreign investment in its banking sector comes with strings
Semafor via Yahoo News· 5 months agoEthiopia’s central bank is fast-tracking the rollout of a new legal framework to spur foreign...
Customers asked to return $40 million after a bank glitch let them take out more money than they...
Business Insider via Yahoo Finance· 2 months agoMore than 40 million people have an account with the bank. Andrew Woodley/Getty Images Customers of...
How Ethiopia’s Amhara breadbasket became its biggest challenge
Semafor via Yahoo News· 8 months agoEthiopia's Prime Minister Abiy Ahmed has been trying to turn around the country's economy after the...
Ethiopian bank sets deadline for $40 million withdrawn illegally in ATM glitch
Semafor via Yahoo News· 1 month agoThe bank said it plans to start posting names and images of the perpetrators as a way to force them...
Hyperinflation in Ethiopia is the product of cascading missteps
Quartz via Yahoo Finance· 2 years agoBattling inflation is nothing new for Ethiopians. While global markets were stable, Ethiopia’s...
Local investors are shying away from Africa’s EV revolution
Semafor via Yahoo News· 6 months agoThe News NAIROBI — A lack of local investment in African electric vehicle companies threatens the...
Ethiopian bank seeks to recover millions after a technical glitch triggered massive withdrawals
Associated Press Finance via Yahoo Finance· 2 months agoEthiopia’s biggest bank is reportedly attempting to recover more than $40 million after a technical glitch allowed customers to withdraw more than they had in their accounts. Long lines formed ...
A world famous chef returns home to Ethiopia
Semafor via Yahoo News· 4 months agoThe new restaurant, named Marcus Addis, features delicacies from all over the world but its menu is designed to retain a traditional Ethiopia flavor that...
The bloc of countries that wants to overthrow the US dollar is set to gain 6 new members — here's...
Business Insider via Yahoo Finance· 7 months agoThe BRICS group of emerging nations has invited six new members to join its fold.Per-Anders...