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Tuesday, Jun 18th

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Electronic Transfer Benefits PSNP in Ethiopia

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BY NEW BUSINESS ETHIOPIA REPORTER

Food insecure people in Ethiopia who receive cash transfers through the Productive Safety Net Programme (PSNP) received their cash electronically into new bank accounts for the first time under a program the World Bank calls it 'a transformative moment in Ethiopia’s economic history'.

Last Updated on Thursday, 14 June 2012 13:42 Read more...

Standard Bank Wins Africa Deal of the Year for Metorex Transaction

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BY NEW BUSINESS ETHIOPIA REPORTER

Standard Bank’s advisory work on the R9-billion acquisition of Metorex by China’s Jinchuan has been named Africa Deal of the Year 2012 at a ceremony during the annual meetings of the African Development Bank being held in Arusha, Tanzania.

Last Updated on Friday, 01 June 2012 10:38 Read more...

Standard Bank Scoops Top Honours at Project Finance Awards

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BY NEW BUSINESS ETHIOPIA REPORTER

Standard Bank Group has won four Deals of the Year titles in recognition of the group’s capabilities and achievements in implementing project finance deals across Africa over the past year. 

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IFAD to Provide 100 Million US Dollars to Ethiopia

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BY NEW BUSINESS ETHIOPIA REPORTER

The International Fund for Agricultural Development (IFAD) is to provide 50 million US dollars loan and 50 million US dollars grant to Ethiopia to help poor rural households gain access to financial services and reduce rural poverty in the country. 

Last Updated on Thursday, 22 December 2011 10:27 Read more...

World Bank, African Union to Cut Remittance Sending Cost

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BY NEW BUSINESS ETHIOPIA REPORTER

The World Bank (WB) and the African Union (AU) have taken steps to lower the cost of sending remittances to and within Africa by launching an online database that will help increase transparency about prices and stimulate greater competition among service providers.

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