ETHIOPIA : Mamo Mihretu embarks on central financial institution reforms

In early Might, the Nationwide Financial institution of Ethiopia (NBE) took to social media to announce that it had awarded a cellular banking licence to M-Pesa, a platform run by the Kenyan Vodacom-Safaricom consortium. Since his appointment in January, the central financial institution’s new governor, Mamo Mihretu, has undertaken to spruce up the establishment, which is greater than a century previous. In March, the NBE quietly created a collection of profiles on Twitter, Fb, LinkedIn and