Addis Ababa, August 29, 2025 (ENA)— Ethiopia is firmly committed to preventing money laundering and the laundering of proceeds of crime, Financial Security Service Director-General Muluken Amare said.

"Our strategy remains centered on broadening our global footprint by building strong distribution partnerships and entering new markets. Adoption of our digital solutions continues to grow, and we ...

Revenue for the six-month period ended June 30, 2025, totaled $1,327,815 compared to $1,141,265 for the same period in 2024. Operating and development expenses for the six-month period ended June 30, ...

Abstract: Detecting anomalies in general ledger data is of utmost importance to ensure the trustworthiness of financial records. Financial audits increasingly rely on machine learning (ML) algorithms ...

Kronos is the first open-source foundation model for financial candlesticks (K-lines), trained on data from over 45 global exchanges. Kronos is a family of decoder-only foundation models, pre-trained ...

Kenya Commercial Bank (KCB) is in negotiations with the National Bank of Ethiopia to acquire a stake in a local financial institution, CEO Paul Russo has confirmed. The move comes as Ethiopia ...

The Kenyan group KCB has started negotiations to acquire a bank in Ethiopia within the next 18 months as part of its expansion plan, following Addis Ababa’s ...