NBE Begins Review of Central Bank Digital Currency Options

The National Bank of Ethiopia (NBE) has started reviewing possible frameworks for a Central Bank Digital Currency (CBDC) as part of its broader consideration of future digital payment systems.
National Bank of Ethiopia (NBE) will launch implementing check standardization system as of January 1, 2016, Capital reported.
ADDIS ABABA, Ethiopia, October 14, 2015 – NCR Corporation, (NYSE: NCR), the global leader in consumer transaction technologies, today announced that Commercial Bank of Ethiopia (“CBE”), the leading bank in the country, has upgraded its ATM management system to NCR APTRA Vision, a multi-vendor self-service management solution.
NEC Corporation, a Japanese multinational provider of IT services and products, has expressed its interest to enter Ethiopia’s telecom and information technology market, Ethiopian Investment Commission disclosed.
