Global Bank Ethiopia Appoints Sahlemichael Mekonnen as Acting CEO
Global Bank Ethiopia appoints banking veteran Sahlemichael Mekonnen as Acting CEO following the removal of former CEO Tesfaye Boru by the NBE.

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Global Bank Ethiopia appoints banking veteran Sahlemichael Mekonnen as Acting CEO following the removal of former CEO Tesfaye Boru by the NBE.


Bank projects Ethiopia’s 2026/27 growth at 8.7pct A comprehensive report issued by the African Development Bank (AfDB) warns that Ethiopian Investment Holdings (EIH) cannot serve as a substitute for a true sovereign wealth fund (SWF) due to Ethiopia’s ongoing macro-fiscal vulnerabilities. The AfDB’s Ethiopia Country Focus Report 2026, titled “Mobilizing...


The Information Network Security Administration (INSA) has introduced a landmark Critical Infrastructure Cybersecurity Protection Proclamation, with officials hoping the legislation will play a key role in reinforcing national digital sovereignty. A core feature of the proclamation is the establishment of a permanent Critical Infrastructure Cyber Security...


Over 60 percent of responders to a nationwide survey conducted by the Federal Anti-Corruption Commission were of the opinion that corruption has worsened over the past five years, describing the scourge as a serious national problem. The findings of the fourth National Corruption Perception Survey were published by the Commission this week as a 79-page […]

The Development Bank of Ethiopia (DBE) has introduced a slate of new policies tied to privacy, fraud monitoring, and anti-money laundering as part of an overhaul under Ethiopian Investment Holdings (EIH) and new bank president Esayas Kassa (PhD). Esayas, former deputy head of the Ethiopian Capital Market Authority (ECMA), was appointed to lead DBE, one […]

የሥዕል እና የቅርጻ ቅርጽ ባለሙያ የሆነው ዮናስ መኳንንት፤ ተወልዶ ያደገባትን፣ የእንጀራ ገመዱ የነበረችውን አዲስ አበባን ጥሎ ገጠር ከገባ ከጥቂት ወራት በኋላ ሁለት ዓመት ይሞላዋል። "እኔ እዚህ ከመጣሁ ትልቅ እረፍት ነው የሚሰማኝ። በጣም ሰላማዊ ቦታ ነው፤ ምንም ዓይነት የመኪና ድምጽ የለም፣ የምትሰማው የእንስሳት ድምጽ ብቻ ነው" ይላል።
