Money Talks
Industrial parks teeter on the edge as export markets calm
A bustling crowd of Adama Industrial Park employees made their way to the Commercial Bank of Ethiopia (CBE) branch inside the park’s immaculate and meticulously maintained compound on May 2, 2023. Even though their monthly salary ranges from 1,500 to 8,000 birr, they typically deposit a portion of it in...
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Microfinance credit bonanza at a cost of mission drift
It’s become normal in Addis Ababa for vehicle brokers to boast about being able to secure auto loans. It’s a strategy for attracting customers, but it also reflects the growing accessibility of credit to those who are commonly referred to as the middle class. But this didn’t just appear out...
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