JP Morgan’s Expansion: Is 🇳🇬 ready for this level of global banking integration? Yes!

JP Morgan’s planned decision to transform its Lagos office into a full-fledged business branch is a big deal for Nigeria’s financial landscape. With a merchant banking license, the global giant will bring:

✅ Increased Access to Dollar Loans – Large 🇳🇬 companies will have better financing options.

✅ Stronger Capital Markets – More advisory and investment banking services mean deeper market participation both foreign and local, possibly driving up hashtag#NGX activities.

✅ Boost in Foreign Investment – JP Morgan’s presence signals confidence in 🇳🇬, potentially attracting more global investors.

✅Improved Financial Services – World-class expertise & structured financial products for local institutions & efficient Eurobond issuances.

Overall, this move could be a major catalyst for Nigeria’s financial sector—if managed right.

@Patternfin

Visualizing scale and speed in China

@PatternFin

🚨 𝙅𝙐𝙎𝙏 𝙄𝙉: JP Morgan set to move into merchant banking in Nigeria 🇳🇬

The American bank plans to transform its representative office in Lagos into a fully-fledged business branch, marking another step in its CEO’s strategy to strengthen its presence on the African continent.

This transformation signals JP Morgan’s commitment to deepening its role in Nigeria’s financial sector beyond advisory and asset management services.

Having maintained a presence in Lagos since the 1980s, JP Morgan now intends to apply to the Central Bank of Nigeria (CBN) for a merchant banking license in the coming months.

This initiative aligns with JP Morgan’s broader African expansion strategy, led by its CEO, Jamie Dimon.

In mid-October, Dimon visited Nigeria, where he met with the CBN Governor, Mr. Olayemi Cardoso, to discuss economic prospects and regulatory frameworks.

The visit also included stops in South Africa, where JP Morgan operates a subsidiary, and Kenya, as part of a broader plan to increase the bank’s footprint across the continent.

@PatternFin

ስምንት እዉነታዎች ስለ COOP Eco Friendly branches

1.ኢኮ ቅርንጫፎች በዋናነት የሚከፈቱት ምንም አይነት የባንክ አገልግሎት ለማግኘት እድል ለሌላቸው የማህበረሰብ ክፍሎችን ለማገልገል በገጠራማ አከባቢዎች የሚከፈቱ ናቸው.

2.የነዚ ቅርንጫፎች አላማ በዋናነት የባንክ አገልግሎትን ለሁሉም ተደራሽ ለማድረግ እና ከባንክ አገልግሎት የተገለለ ህብረተሰብ ስለ ባንክ እና ቁጠባ ለማስተማር ነው

3. ኢኮ ቅርንጫፎች የሚከፈቱበት ቤቶች የሚሰሩት ሙሉ በሙሉ ካገለገሉ እና ከተጣሉ ኮንተይኔሮች ነው

4. ለቅርንጫፎቹ የሚያስፈልገውን የማብራት ኃይል 100% ከታዳሽ ኃይል(ፀሐይ እና ንፋስ ) መሆናቸው

5. ቅርንጫፎቹ የሚከፈቱበቸው አከባቢዎች ብዙ ጊዜ ገጠራማ እና በቂ መሰረተ ልማት የሌላቸው ስለሆኑ ለአከባቢው ማህበረሰብ የinternet አገልግሎት በነፃነት መስጠታቸው

6.እነዚህ ቅርንጫፎች በሚከፈቱበት አከባቢ ችግኞችን በመትከል ዉብ እና አሮንጋዴ በማድረግ ለ አከባቢው ማህበረሰብ ምቹ ኑሮን ይፍጠራሉ

7. ባንኩ ከሚሰራቸው ዘርፈ ብዙ ስራዎች የ አከባቢ ጥበቃን ቀጣይነት ላለው ነገ እና አካታች የፍይናንስ አገልግሎትን መሰረት ያደረጉ እንደ ተምሳሌት የሚነሱ ተግባሮች ናቸው

8.በአጠቃላይ የነዚህ ቅርንጫፎች ብዛት ከ100 በላይ ደርሰዋል::

@PatternFin

𝗢𝗿𝗼𝗺𝗶𝗮 𝗥𝗲𝗴𝗶𝗼𝗻 𝗗𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗲𝘀 𝗢𝘃𝗲𝗿 𝟭,𝟰𝟬𝟬 𝗧𝗿𝗮𝗰𝘁𝗼𝗿𝘀 𝘁𝗼 𝗕𝗼𝗼𝘀𝘁 𝗙𝗮𝗿𝗺 𝗠𝗲𝗰𝗵𝗮𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻

Ethiopia's Oromia region has handed over 1,402 tractors to farmers and agricultural groups in a major push to modernize farming practices. The initiative, overseen by Regional President Shimelis Abdisa, aims to enhance productivity in Ethiopia's key agricultural zone.

The tractors were allocated to registered farmers, cooperatives, and unions through an official application process. This distribution marks one of Oromia's largest single deployments of farm equipment to date.

#FarmMechanization #Agribusiness #Agritech #Agriculture #Farming

@PatternFin

Recap of Today's Business News

Ethiopia and Uganda have finalized a transformative air transport deal that removes all bilateral flight restrictions, allowing airlines from both nations unlimited access to routes and destinations. Signed during high-level talks in Addis Ababa, the agreement marks a major step toward Africa's single aviation market vision. (EBR)

Ethiopia has unloaded 1.07 million metric tons of fertilizer at Djibouti Port - 45% of its 2.4M ton annual target - to support its 2024 farming season. The 20th shipment (55,000-ton DAP delivery) arrived this week via MV DIONISIS. (EBR)

Ethiopia has announced a major overhaul of its national tourism policy, aiming to enhance its competitiveness and capitalize on its rich cultural and natural attractions. The updated framework, replacing a 13-year-old strategy, focuses on digital innovation, sustainable tourism, and improved governance to boost investment and visitor numbers. (EBR)

A recent study conducted in elementary schools across Ethiopia has revealed a concerning level of literacy skills among students. The study, which assessed 5,840 students from 292 schools in 11 languages, found that 48% of students struggled to distinguish letters, words, and sounds properly. This issue was particularly pronounced in tasks such as first sound variation and letter recognition. (Capital)

The Chinese government has issued a strong statement condemning the United States’ recent imposition of tariffs on its trading partners, including China. Beijing has accused Washington of violating World Trade Organization (WTO) rules, undermining the multilateral trading system, and disrupting the global economic order. (Capital)

National Bank of Ethiopia (NBE) is implementing a new directive that requires insurance firms to adapt to a risk-based capital framework, with a 150pc capital-to-risk ratio. The adjustment seeks to provide robust financial backing for written premiums, ensuring transparency and building policyholder confidence. Industry leaders, however, face obstacles such as inadequate expertise and a dwindling talent pool. (Addis Fortune)

@PatternFin

𝗖𝗼𝗼𝗽 𝗕𝗮𝗻𝗸, 𝗨𝗻𝗶𝘁𝗲𝗱 𝗔𝗳𝗿𝗶𝗰𝗮 𝗟𝗼𝗴𝗶𝘀𝘁𝗶𝗰𝘀 𝗝𝗼𝗶𝗻 𝗙𝗼𝗿𝗰𝗲𝘀 𝘁𝗼 𝗦𝘂𝗽𝗲𝗿𝗰𝗵𝗮𝗿𝗴𝗲 𝗘𝘁𝗵𝗶𝗼𝗽𝗶𝗮’𝘀 𝗟𝗼𝗴𝗶𝘀𝘁𝗶𝗰𝘀

The Cooperative Bank of Oromia and United Africa Logistics Organization have signed a Memorandum of Understanding (MoU) that promises to revolutionize the nation’s logistics and transport sector. This strategic partnership is set to usher in a new era of efficiency, innovation, and opportunity for businesses and communities alike.

The agreement will modernize Ethiopia’s logistics landscape by introducing a cutting-edge financial tools. This advancement is expected to slash operational costs, accelerate supply chains, and empower small and medium-sized logistics firms to thrive in a competitive market.
#AfCFTA
#AfCFTAReady

𝗦𝗶𝗸𝗲𝘁 𝗕𝗮𝗻𝗸 𝗖𝗹𝗮𝗶𝗺𝘀 𝗔𝘁 𝘁𝗵𝗲 𝗙𝗼𝗿𝗲𝗳𝗿𝗼𝗻𝘁 𝗼𝗳 𝗘𝘁𝗵𝗶𝗼𝗽𝗶𝗮’𝘀 𝗠𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗶𝗻𝗴 𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻

In a high-profile panel discussion titled “Financial Provision for Industrial Productivity” held yesterday, Siket Bank brought together key stakeholders from government, industry, and finance to explore the pivotal role of finance in driving Ethiopia’s industrial sector forward. Panelists underscored the importance of innovative financial solutions in scaling micro-enterprises and transforming them into competitive industrial players. The discussion also called for urgent reforms to improve access to credit for entrepreneurs.

Siket Bank highlighted how its financial products and services have empowered local businesses to become leaders in Ethiopia’s manufacturing landscape.

Check out the prospectus of Wegagen Bank, the first listed company with the Ethiopian Securities Exchange (ESX).

#WegagenBank
#ESX

@PatternFin

🇿🇦Absa Group (South Africa): $1.201B
🇪🇬Banque Misr (Egypt): $1.19B
🇪🇬CIB Egypt (Egypt): $1.091B
🇿🇦Standard Bank South Africa (South Africa): $1.069B
🇿🇦Nedbank (South Africa): $876.4M


Zenith Bank Plc and Guaranty Trust are the top banks with $670.6M and $662.1M, respectively. Record-breaking locally, but not enough to break into Africa’s billion-dollar profit club.

Nigerian banks had to deal with a devalued naira in 2024, but they were not alone. The Egyptian government floated the pound in March 2024, and the currency fell by 60%. The South African rand remained relatively stable in 2024 after a tumultuous time the year before.

ስኬት ባንክ በራሱ ለመቀጠል የሚያስችል የፋይናንስ አቅም እንዳለው አስታወቀ

በቅርቡ ከተቋቋሙት የኢትዮጵያ ንግድ ባንኮች አንዱ የሆነው ስኬት ባንክ ከሌሎች ባንኮች ጋር ሳይዋሃድ ሪሱን ችሎ ለመቀጠል የሚያስችል የፋይናንስ አቅም እንዳለው አስታውቋል።

ባንኩ የ2016 በጀት ዓመት ከ1.6 ቢሊዮን ብር በላይ ትርፍ ማስመዝገቡንና የተከፈለ ካፒታሉ ከ8 ቢሊዮን ብር በላይ መድረሱን ዋና ሥራ አስፈጻሚው አቶ ዳምጤ አለማየሁ ገልጸዋል።

ባንኩ ከ600,000 በላይ ደንበኞችና በፍጥነት እየሰፋ የሚሄድ የቅርንጫፍ አውታረ መረብ ያለው ሲሆን፣ የኢትዮጵያ ብሔራዊ ባንክ የባንክ ዘርፉን ለማጠናከር ውህደትን እያበረታታ ቢሆንም ስኬት ባንክ ዝቅተኛውን የ5 ቢሊዮን ብር የተከፈለ ካፒታል መስፈርት ቀድሞውኑ አልፏል።

በተጨማሪም ስኬት ባንክ ከዓለም ባንክ ጋር በመተባበር የብድር አመልካቾችን የስነ ልቦና ፕሮፋይል በመገምገም የብድር ብቁነትን የሚወስን አዲስ ሳይኮሜትሪክ ሞዴል ይፋ አድርጓል።

ይህ ተነሳሽነት ዋስትና የሌላቸውን አነስተኛ የንግድ ሥራ ባለቤቶችን ለመደገፍ ያለመ ሲሆን ከሀገሪቱ "ኢትዮጵያ ታምርት" እንቅስቃሴ ጋር የሚጣጣም ነው ብሏል።

ዋና ሥራ አስፈጻሚው የውጭ ባንኮች ወደ ኢትዮጵያ ገበያ መምጣት ለባንካቸው ዕድገት ዕድል እንደሚፈጥርላቸው ያላቸውን እምነት ገልጸዋል።

𝗘𝗮𝘀𝘁 𝗔𝗳𝗿𝗶𝗰𝗮 𝗨𝗻𝘃𝗲𝗶𝗹𝘀 𝗙𝗶𝗿𝘀𝘁 𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗦𝘁𝗼𝗰𝗸 𝗜𝗻𝗱𝗲𝘅 𝘁𝗼 𝗕𝗼𝗼𝘀𝘁 𝗠𝗮𝗿𝗸𝗲𝘁 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻

The East African Securities Exchanges Association (EASEA) has launched the EAE 20 Share Index, a new tool designed to track the performance of leading companies listed on stock markets across East Africa. The index includes major firms from Kenya, Tanzania, Rwanda, and Uganda, reflecting the region’s growing financial integration.

#EastAfricanSecuritiesExchangesAssociation
#EASEA

📢 Why Did Meles Oppose Financial Sector Liberalization in Africa?

A look into his perspectives of the pitfalls of financial sector reforms in Africa—exploring how liberalization led to high non-performing loans, excess liquidity, and rent-seeking, while failing to address market failures. 📉💰

He Concludes state-led policies and neo-liberal reforms both hit dead ends, leaving Africa’s financial sector in need of a fresh approach.

This article explores the evolving role of accounting and finance professionals in Ethiopia’s shifting economic landscape.

Drop your comments below!

By M Tesfaye

@PatternFin

" 4 ኪሎ ቤተመንግስት ዙሪያ ያሉ መንገዶች ከዚህ በኋላ በአንድ አቅጣጫ ብቻ አገልግሎት ይሰጣሉ " - የአዲስ አበባ ትራፊክ ማኔጅመንት ባለስልጣን

ከዚህ በኋላ 4 ኪሎ ቤተመንግስት ዙሪያ ያሉ መንገዶች በአንድ አቅጣጫ ብቻ አገልግሎት እንደሚሰጡ የአዲስ አበባ ትራፊክ ማኔጅመንት ባለስልጣን ለቲክቫህ ኢትዮጵያ አስታውቋል።

በመሆኑም ፦
- ከጥይት ቤት  እስከ ፓርላማ ትራፊክ መብራት፣
- ከቤተመንግስት ፖርክንግ እስከ ጥይት ቤት
- ከፓርላማ ትራፊክ መብራት እስከ ሳይንስ ሙዝየም ድረስ ያሉ መንገዶች ቀድሞ ከነበረው ባለሁለት አቅጣጫ መንገድ ወደ አንድ አቅጣጫ መንገድ ተቀይረዋል።

ቲክቫህ ኢትዮጵያ የአዲስ አበባ ትራፊክ ማኔጅመንት ባለስልጣን ዋና ዳይሬክተር አቶ ክበበው ሚደቅሳን መስመሮቹ እንደ ቀድሞው ባለ ሁለት አቅጣጫ ሆነው አገልግሎት መስጠታቸውን መቼ ይጀምራሉ ? ሲል ጠይቋል።

በምላሻቸው በአንድ አቅጣጫ እንጂ ወደበፊቱ ተመልሶ በሁለት አቅጣጫ አገልግሎት እንደማይሰጡ ገልጸዋል።

ዋና ዳይሬክተሩ አስቀድመው " ለሁለት ቀን ወደ አንድ አቅጣጫ (One way) ተደርገው አገልግሎት ይሰጣሉ " በሚል ለቲክቫህ  ኢትዮጵያ ገልጸው ነበር።

ሆኖም  " ለሁለት ቀን ያልኩት በአንድ አቅጣጫ አገልግሎት እንዲሰጥ ለማድረግ የሚሰሩ ስራዎች እና የጎደሉትን የማሟላት ስራ ለመስራት ነው " ሲሉ መንገዶቹ በቀጣይነትም ባለ አንድ አቅጣጫ መንገድ ሆነው እንደሚቀጥሉ አስረድተዋል።

አክለውም " የትራፊክ ስራ ዳይናሚክ ነው፣ እንደ የአስፈላጊነቱ  በየጊዜው የማሻሻል ስራዎች ሊኖሩ ይችላሉ " በማለት ጠቁመዋል።

ከዚህ በኃላ ግን መንገዶቹ ባለ አንድ አቅጣጫ ብቻ እንደሆኑ አስገንዝበዋል።

በቀጣይ ዓመታት ከብሔራዊ ባንክ እንደነዚህ አይነት መግለጫዎች ይጠበቃሉ!

#Merger&Acquisition #M&A
#NBE

@PatternFin

ብሔራዊ ባንክ የ70 ሚሊዮን ዶላር የውጭ ምንዛሬ ጨረታ ነገ እንደሚካሄድ ገለፀ

የኢትዮጵያ ብሔራዊ ባንክ ቀጣዩን በየሁለት ሳምንቱ የሚካሄደውን የውጭ ምንዛሬ ጨረታ ነገ ሐሙስ ሚያዝያ 9 ቀን 2017 ዓ.ም.  እንደሚካሄድ ዛሬ አስታውቋል።

በዚህ ጨረታ የሚቀርበው ጠቅላላ የውጭ ምንዛሬ መጠን 70 ሚሊዮን የአሜሪካ ዶላር መሆኑን ባንኩ አሳውቋል። ፍላጎት ያላቸው ባንኮች በተሰጠው መመሪያ መሰረት በጨረታው ላይ እንዲሳተፉ ጥሪ ቀርቧል።

♟ Part 2: Why Meles Opposed Financial Sector Liberalization in Africa—Game Theorizing high stake moves. Take your turn—explore the games in these slides and decide your next move.

📌 Which piece would you prioritize to revolutionize Africa’s financial sector?

©️Bayu Samuel