Insights - Pana Insight

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Designing Gender-intentional Credit Scoring

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11/14/2024

Women tend to have better loan repayment rates than men. There is an implication that women are subject to a stricter loan application evaluation. Loan officers could be gender-biased, there may not be sufficient data for women, or data sources may not fully account for gender differences, creating barriers to loan approval. In such cases, […]

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Foreign Exchange Market Report

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- Banking and Finance -

08/11/2024

July 29- August 3, 2024 The government of Ethiopia announced that a market-based exchange rate will be implemented on July 28, 2024. On July 29, the Commercial Bank of Ethiopia announced its inaugural market-based exchange rate, setting the rate for 1 USD at 74.7 for buying and 76.23 for selling. The Ethiopian foreign exchange market […]

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AfDB’s Review Of Ethiopia’s Public Sector-Led Growth Model

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- Economy -

11/03/2023

Following a public sector-led growth model, Ethiopia recorded robust real GDP growth, averaging 10.2% per annum during 2005-2019. However, by 2019, the model started showing its limits, even before the domestic conflict, the COVID-19 pandemic and the Russia-Ukrain war. Real GDP growth decelerated to 8.4% in 2019 and 6.4% in 2022; inflation rose from 5.2% […]

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Postal Development Linked to Economic Growth, Ethiopia Recognized as Leader

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- Insights -

10/06/2023

The Universal Postal Union (UPU) recently released its State of the Postal Sector report, which examines the relationship between postal development and national economic growth. The report emphasizes the crucial role of postal services in sustaining economic performance and calls for collaborative efforts and investments from governments and stakeholders to foster the growth of the postal sector.

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Ethiopia Launches Student Digital ID System

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- Insights -

08/20/2023

The Ministry of Education and the National ID Program of Ethiopia have jointly introduced the Digital ID system as the official student identification across educational institutions in the country. This initiative marks a critical moment in Ethiopia’s journey towards digitizing and modernizing the education sector. One of the most significant benefits of the Student Digital […]