Ethiopia's biggest bank says it has recouped nearly 80% of the cash it lost during what it says was a glitch in its system that allowed customers to take out more money than they had in their ...

・Ethiopia's largest commercial bank is racing to recover large amounts of money withdrawn by customers following a "systems glitch." ・Reports from local media suggest that over $40 million (£ ...

As a familiar joke goes, the biggest listed companies in Africa tend to be the BBC: banks, breweries and cement. In Ethiopia, too, banks are the most obvious candidates to list. They already have ...

This trend has stymied the development of African stock markets outside the Johannesburg Stock Exchange, the continent’s biggest ... Many of Ethiopia’s roughly 30 local banks are expected ...