This move supports the country’s digital transformation agenda and ensures seamless integration of citizen data in line with ...

The country’s cybersecurity challenges took center stage at the launch of the second National Digital Payment Strategy this ...

The National Bank of Ethiopia (NBE) has started reviewing possible frameworks for a Central Bank Digital Currency (CBDC) as part of its broader consideration of future digital payment systems.

Any customer who has not yet enrolled must first register for Fayda at an authorized point before banks can service or update their accounts. The National ID Program reports that Fayda is already ...

A draft digital payment strategy unveiled by the National Bank of Ethiopia (NBE) this week highlights the inactivity, fraud, fragmentation, and widening ...

Ethswitch, the entity responsible for operating Ethiopia’s national payment system infrastructure, has reached the final phase of integrating its domestic card schemes with 32 international card ...

ADDIS ABABA (Reuters) - Ethiopia said on Friday the National Bank of Ethiopia plans to inject 15 billion Ethiopian birr ($456 million) as liquidity for private banks to cushion the economy over the ...

Addis Ababa, April 16, 2025 (ENA) --- The National Bank of Ethiopia has disclosed that it will conduct a foreign exchange auction tomorrow, Thursday, April 17, 2025, amounting to 70 million USD. The ...

Addis Abeba — In early September 2025, Mamo Mihretu announced his resignation as Governor of the National Bank of Ethiopia (NBE), marking the end of a tenure that spanned seven years in senior ...

National Financial Inclusion Strategies (NFIS) typically set financial inclusion targets for the country’s population as a key metric of success. The availability of that data often underpins ...

The National Bank of Ethiopia (NBE) convened a high-level consultation with leading exporters in the coffee, sesame, and pulses sectors, aiming to address ongoing gaps in foreign currency repatriation ...