Monetary Policy Committee Identifies Cash Crunch in Ethiopian Commercial Banks

Ethiopian Investment Holdings (EIH) has terminated its Memorandum of Understanding (MoU) with Ababa-based electric vehicle (EV) startup Dodai Inc. five months after it was signed. By Team ShegaCBE Capital S.C. and Wegagen Capital S.C. have been established as independent subsidiaries, spun off from their respective commercial banks. By Munir Shemsu