The Safaricom-led consortium in Ethiopia will pay $150 million (Sh18.9 billion) as license fees to roll out M-Pesa in the populous nation if the proposed regulations by the Horn of Africa country are passed.
The amount referred to as…
The Ethiopian government said on Saturday it was sending about $90 million to the Tigrayan capital to help restart banking services in the country.
Prime Minister Abiy's national security advisor, Redwan Hussein, announced on Twitter that…
https://www.pacci.org/wp-content/uploads/2022/08/PACCI-Lanscape-Transparent-LOGO-Updatedemail@example.comElshaday Hagoshttps://www.pacci.org/wp-content/uploads/2022/08/PACCI-Lanscape-Transparent-LOGO-Updatedfirstname.lastname@example.orgElshaday Hagos2023-02-10 10:00:502023-02-10 10:44:50Tigray set to restart banking services after Ethiopia sends $90m
Just when Africa’s economy appeared to be recovering from the COVID-19 pandemic, a range of internal and external shocks struck such as adverse weather conditions, and the Russian invasion of Ukraine – all of which worsened already rapidly…
https://www.pacci.org/wp-content/uploads/2022/11/IMF.jpg544960Elshaday Hagoshttps://www.pacci.org/wp-content/uploads/2022/08/PACCI-Lanscape-Transparent-LOGO-Updatedemail@example.comElshaday Hagos2023-02-06 10:00:552023-02-10 10:41:17Top 5 economies in Sub-Saharan Africa to watch out for in 2023, according to IMFBusiness Daily
Kenya is set to be replaced as the third-largest economy in sub-Saharan Africa by Angola and Ethiopia, weakening the East African country’s power to tap investors enticed with a population that has more cash to spend.
Faster GDP growth…
https://www.pacci.org/wp-content/uploads/2023/01/Eth.jpg640960Elshaday Hagoshttps://www.pacci.org/wp-content/uploads/2022/08/PACCI-Lanscape-Transparent-LOGO-Updatedfirstname.lastname@example.orgElshaday Hagos2023-01-26 10:00:302023-01-26 10:15:52IMF Projects Ethiopia, Angola Economies to Overtake KenyaCNBC Africa
The collapse of the world’s third largest crypto exchange FTX, and subsequent plunge in the prices of Bitcoin, Ethereum, and other major crypto assets, is prompting renewed calls for greater consumer protection and regulation of…
Fuel prices in Ethiopia rose by about 20% on Thursday (September 29), less than three months after a previous 30-40% hike, as part of the phasing out of government subsidies for petroleum products.
Faced with soaring crude oil prices…
https://www.pacci.org/wp-content/uploads/2022/10/Fuel.jpg540720Elshaday Hagoshttps://www.pacci.org/wp-content/uploads/2022/08/PACCI-Lanscape-Transparent-LOGO-Updatedemail@example.comElshaday Hagos2022-10-03 10:02:402022-10-03 10:02:40Ethiopia's fuel prices rise by 20%
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