Ethiopian authorities say they have arrested 112 people and suspended 519 bank accounts as part of a nationwide crackdown on what they describe as illegal foreign currency trading and unlicensed money ...

Authorities have arrested 112 people and frozen 519 bank accounts in a sweeping operation targeting illegal money transfers ...

EthSwitch, the national switch operator, registered a record 2.2 billion Birr in revenues in the 2024/25 fiscal year as person-to-person (P2P) transactions surpassed ATM cash withdrawals for the first ...

Abstract: Frequent pattern mining is one of the major tasks to ascertain the frequency of itemsets in a transaction database. Utility-driven pattern discovery takes into account additional factors ...

The National Bank of Ethiopia (NBE) has directed all commercial banks to compile and submit information on customers who use personal bank accounts for business or illicit purposes. In a statement ...

Abstract: Transactions are used to guarantee data consistency and integrity in Database Management Systems (DBMSs), and have become an indispensable component in DBMSs. However, faulty designs and ...

Ethiopia to open banking sector to foreign investors, allowing up to 49% ownership while maintaining domestic control. New NBE directive sets strict limits: 7% for individuals, 10% for firms, and up ...