𝗬𝗮𝗬𝗮 𝗪𝗮𝗹𝗹𝗲𝘁’𝘀 𝗡𝗲𝘄 𝗥𝗲𝗺𝗶𝘁𝘁𝗮𝗻𝗰𝗲 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗖𝗼𝗻𝗻𝗲𝗰𝘁𝘀 𝗘𝘁𝗵𝗶𝗼𝗽𝗶𝗮𝗻 𝗙𝗮𝗺𝗶𝗹𝗶𝗲𝘀 𝗔𝗰𝗿𝗼𝘀𝘀 𝗕𝗼𝗿𝗱𝗲𝗿𝘀 𝘄𝗶𝘁𝗵 𝗘𝗮𝘀𝗲

YaYa Wallet has introduced an International Inward Remittance Service, further growing its digital payments portfolio.

The launch comes alongside the release of YaYa Wallet 2.0, the enhanced mobile application now available to all customers, and enables global remittance to all Ethiopian banks and microfinance institutions.

In celebration of the upcoming Ethiopian holidays, a special bonus of 6% is offered on every foreign currency transfer made through YaYa Wallet until October 10, 2025. #Shega

@PatternFin

Nib Bank and CBE Capital Forge Strategic Alliance to Boost Capital Market Presence

In a move to strengthen their position in the capital market, Nib Bank and CBE Capital have entered a strategic partnership. The agreement, signed at Nib's headquarters, marks the beginning of a collaborative effort to enhance both institutions' competitiveness and operational capacity.

Henok Kebede Tadesse, CEO of Nib Bank, said the agreement will accelerate Nib's entry into capital market activities and strengthen the bank's market position.

CBE Capital CEO Zemedeneh Negatu noted the agreement reflects a shared vision and aims to drive growth through impactful financial solutions.
The signing ceremony was attended by senior management from both banks, underscoring the strategic importance of the collaboration. The agreement is expected to catalyse joint initiatives in investment banking, asset management, and capital market development, areas critical to Ethiopia's economic transformation. #EBR

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Dashen Bank Launches New Remittance Services with EagleLion System Technologies

Dashen Bank has officially introduced a suite of remittance services in partnership with Ethiopian technology firm EagleLion System Technologies, the developer behind GuzoGo, a bank-integrated travel app, and CashGo, the country’s first remittance and money transfer app.
Among the newly launched services is Gift Ethiopia, which enables Ethiopians abroad to send money, purchase gift cards, and buy products for family and friends back home during holidays.

Another initiative is an agent- based hawala service, operated through legally licensed agents working with Dashen Bank to expand access to money transfers.

The bank also unveiled a digital money transfer platform that allows global remittance institutions to serve customers through a single system. #EBR

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Minister of Finance Interpretation on Profit Tax Liability on Dividend Income.

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𝐆𝐞𝐞𝐳 𝐁𝐚𝐧𝐤 𝐒𝐡𝐚𝐫𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 𝐌𝐨𝐯𝐞 𝐒𝐭𝐚𝐤𝐞𝐬 𝐭𝐨 𝐋𝐢𝐨𝐧 𝐁𝐚𝐧𝐤

Lion International Bank S.C. has officially absorbed the shareholders of Geez Bank following approval from the National Bank of Ethiopia. Geez Bank, a commercial bank under formation since 2020, has faced repeated delays due to internal disputes among its promoters and broader operational challenges.

The bank resumed share sales in April 2023, aiming to raise significant capital from its growing pool of investors, but disagreements over its future direction had kept its operations on hold for several years. #BirrMetrics

@PatternFin

Addis Ababa, August 28, 2025

It is with great pride that we announce today the signing of a $2.5 billion strategic investment agreement between the Dangote Group and Ethiopian Investment Holdings for the construction of a fertilizer production complex in Ethiopia.

This project, with an annual capacity of 3 million tons, represents much more than a simple industrial investment: it marks a historic turning point towards Ethiopia's food sovereignty. Our ambition is clear: to reduce the country's dependence on fertilizer imports, ensure a reliable supply for local farmers, and make Ethiopia a global leader in this key sector.

I would like to thank Prime Minister Abiy Ahmed for his visionary leadership and commitment to sustainable agricultural development. This partnership will contribute to the creation of thousands of jobs, the improvement of agricultural productivity, and the strengthening of the region's competitiveness.

Via #Aliko_Dangote

Bank of Abyssinia Signs MoU with Fastpay LLC on Remittance Services

Bank of Abyssinia and Fastpay LLC have signed a memorandum of understanding (MoU) at the Hyatt Regency Hotel to expand digital remittance options for Ethiopians abroad.

The agreement will allow members of the Ethiopian diaspora and individuals with Visa or MasterCard to send money directly to family and friends in Ethiopia through Fastpay’s platform. The service is designed to provide a faster and more convenient alternative to traditional money transfer channels, while also supporting the country’s foreign exchange inflows.

Fastpay LLC, a technology company operating in the United States and Ethiopia, focuses on making remittances more accessible for the Ethiopian diaspora. #EBR

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The Commercial Bank of Ethiopia (CBE) has announced the launch of a 50 billion birr scheme designed to support the Ethiopian diaspora community. The package aims to facilitate investments, home purchases, and vehicle acquisitions for Ethiopians abroad.

The announcement was made in Dubai during a meeting with members of the diaspora from Dubai and the Northern Emirates. CBE President Abe Sano, who led the delegation, said the initiative forms part of the bank’s broader reform agenda, with a particular focus on expanding services tailored to the diaspora.

The scheme includes long-term loan facilities with low interest rates, alongside expanded savings and international transfer services. According to Vice President Nuri Hussien, the reforms are designed to make financial services more accessible and competitive for Ethiopians abroad. #EBR

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𝐄𝐭𝐡𝐢𝐨𝐩𝐢𝐚 𝐭𝐨 𝐋𝐚𝐮𝐧𝐜𝐡 𝐒𝐭𝐚𝐭𝐞 𝐁𝐚𝐧𝐤 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐒𝐨𝐦𝐚𝐥𝐢𝐥𝐚𝐧𝐝

Ethiopia is set to open a branch of its state-owned Commercial Bank in Somaliland as both countries move to deepen cross-border financial cooperation.

The central banks also agreed to form a joint working group to advance payments, trade finance, and regulatory initiatives, highlighting Berbera Port’s strategic role in regional commerce.

@PatternFin

Breaking -

Mamo Mihertu has announced that he is resigning from his position as the governor of Ethiopia's National Bank.

@PatternFin

European Commission Executive Vice-President Teresa Ribera has arrived in Addis Ababa for the Africa Climate Summit, where she is announcing a significant strategic shift in EU-Africa relations from aid-based support to investment-driven partnership.

Central to this new approach are two major energy initiatives: a €133 million commitment to modernize and green Ethiopia’s power grid, and a €15 million investment to accelerate integration of the African Single Electricity Market. These form part of the EU’s wider Global Gateway strategy, which aims to mobilize €150 billion in sustainable infrastructure and energy investments across Africa by 2027.

The move is designed to boost renewable capacity, strengthen energy security, and open new opportunities for business cooperation and green growth.
#EBR

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#T-Bill

📢 Ethiopia’s T-Bill Market Shows Strong Momentum

Ethiopia’s Treasury Bill (T-Bill) market is proving to be a vital pillar for domestic financing.

In just two months (July–August 2025), the government raised ETB 111.1 billion, exceeding its target of ETB 103.4 billion.

🔑 Highlights: In Picture! 👇

💰 ETB 164.7 billion bids were submitted → 159% investor demand rate.

📊 Subscription rate: 107%, reflecting a liquid and confident market.

📈 Net issuance reached ETB 23.9 billion, covering 14% of the annual plan.

👉 The data underscores strong investor confidence, especially in short-term instruments, while banks and pension funds continue to dominate Ethiopia’s domestic debt market.

@PatternFin

Zemen Bank S.C. Partners with European Investment Bank (EIB) on Green Finance

Zemen Bank S.C. has entered into a technical assistance agreement with the EIB under the Greening Financial Systems Program. The agreement, signed during the Africa Climate Summit, aims to strengthen the bank’s ability to integrate climate risk into its operations and expand financing for sustainable projects.

The collaboration is designed to improve the bank’s tools for assessing climate-related risks, aligning lending with sustainability objectives, and developing green financial products. The initiative forms part of broader efforts supported by EIB Global to build climate-resilient financial systems across Africa and assist countries in achieving their green transition targets.

At the event, Mr Tewahido, Chief Strategy Officer of Zemen Bank highlighted that the partnership advances sustainability goals and expands Zemen Bank's green portfolio, reinforcing its commitment to Ethiopia’s sustainable development. #EBR

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🔴 Fiat Currency will be Dead by 2037.

The Gold market is sending a clear signal.
It has finally concluded that fiat is fake.
Investors are losing confidence in the fiat system.

The gold market is showing that there is no Department of Treasury—only a Department of Debt.

Every single unit of fiat, whether digital or physical, comes from banks.
Only banks can issue fiat, and banks do not invest money or give it away for free. Banks only lend it as debt.

So every unit of fiat is debt—whether it belongs to you, your employer, your corporation, or your government.

The debt-based currency system (fiat) was first established in the 1920s and again in the 1940s to rebuild a world devastated by 2 great wars.

There was no trust or system in place, so the West, led by the U.S., created fiat as debt and convinced people to accept it as an asset for trade and business.

People accepted it, but the system should have reverted to a hard asset once trust was established. America never did that.

Now, in 2025, the world is filled only with only Debt.

Governments survive on massive debt, you finance your home with debt, buy cars with debt, purchase food with debt, and drive on roads built by debt.

Central banks, led by the Federal Reserve, exist to protect this debt system by issuing even more debt, because debt can't tolerate shortages.

But sooner or later, the Debt question must be resolved.

There are only 2 tools to solve it: Gold, the most proven debt cancellation tool, and Bitcoin, the digital gold.

There is no 3rd option.

The debt system will not survive the next 10–12 years.
All debt will eventually be absorbed by Gold and Bitcoin.

Gold is $3,600 and Bitcoin is $100,000 now.
When the great absorption occurs, Gold would reach $36,000 per ounce, and Bitcoin $20 million per coin.

Together, their combined value could reach $600 trillion.

Currently, global debt is $325 trillion, cash $100 trillion, stocks $100 trillion, and real estate $150 trillion—totaling over $600 trillion.

Eventually, money will equal all available assets, resources, and cash.

Only Gold and Bitcoin are money, so $600 trillion for them is nothing.
#TheGeopoliticalAnalyst

@PatternFin

Ethiopia Boosts Coffee Export Capital Threshold;

The Ethiopian Coffee and Tea Authority has increased the capital requirement for coffee exporters to obtain a qualification certificate from 1.5 million birr to 15 million birr — a tenfold rise, equivalent to approximately $110,000.

The decision aims to ensure that only well-capitalized and competent individuals or organizations participate in the coffee export sector, which is a cornerstone of Ethiopia’s economy.

Previously, the low barrier to entry allowed many to enter the coffee trade solely for profit, without sufficient knowledge or long-term commitment. #EthioNegari

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#ሰበር

ዶር ፍፁም አሰፋ የኢትዮጽያ ብሔራዊ ባንክ ገዢ በመሆን ተሹመዋል።

(ይፋዊ ማረጋገጫ እየተጠበቀ ነው)

Interbank Money Market Weekly Trading Statistics:

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#IFB

ከወለድ ነፃ የባንክ አገልግሎት ተጠቃሚዎች የተሰበሰበው ተቀማጭ ገንዘብ 378 ቢሊዮን ብር ደረሰ

ከወለድ ነፃ የባንክ አገልግሎት ቆጣቢዎች ቁጥር 27 ሚሊዮን በላይ መድረሱንና ከእነዚህ ቆጣቢዎች የተሰበሰበው ተቀማጭ ገንዘብም ከ378 ቢሊዮን ብር በላይ ደረሰ።

ከወለድ ነፃ የፋይናንስ አገልግሎት ራሱን የቻለ ስትራቴጂ ለመቅረፅ በተዘጋጀ ግብዓት ማሰባሰብ የመድረክ ላይ የተገኙት የኢትዮጵያ ብሔራዊ ባንክ ምክትል ገዥ አቶ ሰለሞን ደስታ፣ ከወለድ ነፃ የባንክ አገልግሎት ተጠቃሚዎች የተሰበሰበው አጠቃላይ ተቀማጭ ገንዘብ 378 ቢሊዮን ብር መድረሱንና በዚሁ የባንክ አገልግሎት አማካይነትም ከ160 ቢሊዮን ብር በላይ ብድር መቅረቡን ጠቁመዋል፡፡

በኢትዮጵያ ውስጥ ጠንካራ ከወለድ ነፃ የፋይናንስ አገልግሎት ለመፍጠር በርካታ ዕርምጃዎች መወሰዳቸውንና በአሁኑ ወቅትም ሙሉ በሙሉ ከወለድ ነፃ የባንክ አገልግሎት ፈቃድ መሰጠቱን እንደ አቶ ሰለሞን በምሳሌነት ጠቅሰዋል፡፡

እስከ ሒሳብ ዓመቱ መጨረሻ ድረስም ሙሉ በሙሉ ከወለድ ነፃ የባንክ አገልግሎት የሚሰጡ አራት ባንኮችና ስምንት ማክሮ ፋይናንስ ተቋማት ገበያውን ተቀላቅለው እየሠሩ መሆናቸውን ጠቁመዋል፡፡

በተመሳሳይ አገልግሎቱን በመስኮት ደረጃ የሚሰጡ የፋይናንስ ተቋማት ቁጥርም 48 መድረሱን ተናግረዋል፡፡ ከእነዚህ 48 ተቋማት ውስጥ 25ቱ ባንኮች ሲሆኑ፣ 15ቱ የማክሮ ፋይናንስ ተቋማት፣ ስምንቱ ደግሞ መድን ሰጪዎች መሆናቸውን አቶ ሰለሞን በምሳሌነት ገልጸዋል:: #Reporter