The African Development Bank raised $2.5 billion through a three-year global benchmark bond priced on October 21, 2026, maturing January 2030 at a 4.875% fixed coupon. Investor orders reached $4.8 billion, nearly twice the amount issued.
Fawry's subsidiary Fawry Consumer Finance received preliminary FRA approval to add factoring to its activities. It plans to offer invoice financing to MSMEs once it gets the final licence.
The CBE issued new controls on bank financing of consumer finance companies, tightening supervision of this lending channel. Lenders are reassessing instalment and card-based consumer finance plans in response.
Mastercard is deploying artificial intelligence and tokenisation to strengthen security across Ethiopia's digital payment ecosystem. The move supports Ethiopia's push to extend digital payments beyond cash, in a market where few adults transact digitally.
