Ethiopia Opens Treasury Bill Market to Public as Nascent Exchange Begins Executing Trades

In just three years, Siinqee Bank has grown total deposits by 897%, reaching 102.5 billion Birr while surpassing the central banks paid capital requirement well ahead of schedule. By Daniel MetaferiyaSmilepay, a Kazana Group portfolio company, just entered Ethiopia's digital remittance market. Licensed by NBE, it is integrated with 29 banks and aims for cross-border payment efficiency. By Ana Mulatu