Ethiopia's biggest bank is trying to recover millions after a technical glitch allowed customers to withdraw more money than they had in their accounts. The Commercial Bank of Ethiopia lost more than ...

Yet it is hoped that the recent reforms will open the floodgates on potential growth in Ethiopia’s financial services sector ...

Ethiopia’s biggest bank says it has recouped nearly 80% of the cash it lost during a system glitch that allowed customers to take out more money than they had in their accounts Ethiopia’s biggest bank ...

International banks and investors can apply for a licence to operate in Ethiopia immediately, according to a central bank statement, capping the government's drive to attract more overseas investment ...

Zenith Bank, Nigeria’s second-largest lender by market capitalisation, is eyeing expansion into Ethiopia as the country opens ...