Inner circles | Ethiopia
Abiy's well-travelled team of financiers prepares for stock exchange launch

Ethiopia
At the heart of IMF programme, Commercial Bank of Ethiopia under pressure

Ethiopia's largest bank is to receive almost $700m for a recapitalisation operation that comes with a complete overhaul of its risk management system. The introduction of environmental, social and governance standards into the country's banking sector as a whole is still in its infancy.

Spotlight | Ethiopia
How Meridiam's $2bn geothermal project ran out of steam

Work on the vast scheme in the Oromia region has been at a standstill for almost a year and is now set to be abandoned for good. Africa Intelligence dissects a far from isolated case of project failure as attacks in the region call into question the government's security strategy there.

The New Guard
Senegal, Morocco, Ethiopia

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

Senegal Senegalese engineer Frédéric Zanklan takes charge at Eramet company

Morocco Ismael Belkhayat, serial start-upper

Ethiopia Dawit Abebayehu prepares his country's "ESG" strategy

Ethiopia
Swiss investor cleared of 'financing terrorism' during Tigray conflict

All charges against Josua Gehrig, the Swiss owner of a farm in Ethiopia's Tigray region, have been dropped, two years after his arrest. He had attempted to transport a million birr in cash to pay his employees.

Ethiopia
Toppan Gravity Ethiopia searches for insurance to print passports

The new joint venture between Japanese printer Toppan and the Ethiopian administration is struggling to find insurance to build a local printing factory to produce passports. This is a large investment, made more complicated by political and economic tensions.

The New Guard
Morocco, Kenya, Ethiopia

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

Morocco Brahim Yacoubi Soussane, at helm of naval industry

Kenya Dorcas Owinoh, hard-wired into tech ecosystem

Ethiopia Berhan Taye, from Mozilla to Algorithmic Justice League

Ethiopia
Abiy shakes up his justice ministry

Ethiopian prime minister Abiy Ahmed has appointed two trusted allies to the Ministry of Justice.

Ethiopia
Ethiopia's National ID Program scrambles to make up for lost time

The Ethiopian government agency running the scheme has forged partnerships with a range of institutions to speed up the delivery of identity cards. It is also working on sprucing up its image.

Ethiopia
Tigray grapples with growing exodus of doctors

The region's administration appears powerless to prevent medics heading abroad in droves to escape an economy crippled by civil war, while the federal government refuses to pay attention to the crisis.

Ethiopia
ECMA finalises IPO rules

An Ethiopian delegation travelled to London this week to present the country's upcoming new stock exchange to potential investors. A directive governing initial public offerings is soon to be put to a public consultation.

Ethiopia
Future stock exchange set to take crucial next step with securities platform

The National Bank of Ethiopia (NBE), which tasked UK agency FSD Africa with choosing the company that will set up a securities exchange platform, is examining its proposal. This system is essential for the launch of the Ethiopian Stock Exchange, scheduled for next July.

Ethiopia
Deloitte hopes its pro bono IPO training will bear rich fruit

The auditing and consultancy giant will shortly hold another training session for companies planning to list on the upcoming Ethiopian Securities Exchange. It's an opportunity to approach potential clients.

The New Guard
Guinea, Ethiopia, Togo, South Africa

Every Wednesday, Africa Intelligence spotlights the next generation of movers and shakers in business and politics.

Guinea Louis Camara, a miner taking on the oil sector

Ethiopia Brook Taye, Addis's economic eminence grise

Togo Karl Lawson, cyber events guru

South Africa Philani Mthembu, batting for BRICS

Ethiopia
Banking system to open up to foreigners

The government has given the green light to liberalising the financial sector.