Team Shega

Ethiopia Officially Ends Administered Interest Rate Regime

NBE officially lifts the 7% minimum deposit rate, allowing banks to compete on pricing. Savers can now shop for better returns, while startups may see more nuanced access to capital.

Ethiopia in 2025, The Year in Headlines

2025 was a year of reform momentum and execution risk in Ethiopia: capital markets reopened, startups gained legal footing, digital payments expanded amid FX pressure, and regulatory uncertainty.

Ethiopia's Central Bank Holds Credit Cap as Money Supply Surges

Monetary Policy Committee retains 24% credit ceiling and 15% policy rate, but raises reserve requirements and scraps minimum savings rate amid excess liquidity.

Safaricom Ethiopia Raises Data Prices Amid Financial Sustainability Drive

The move follows stark warnings from July, when CEO Wim Vanhelleputte told media that Ethiopia's mobile data prices, around 3 times lower than the African average.

ECMA Licenses Gadaa Securities as Ethiopia’s Second Securities Dealer

With the latest approval, the total number of licensed capital market service providers in Ethiopia has risen to 14.

Ethiopia Shuts Down Entire Betting Industry, Revokes All Licenses

Ethiopia shuts down its entire betting industry two weeks after revoking 22 licenses, the Lottery Service ordered banks & payment operators to halt all betting transactions amid investigations.