Eritrea is listed among those countries of Africa, whose independence has been lately achieved. Notwithstanding the monetary and banking history of Eritrea goes back to the Italian colonial settlement on the Red Sea shore of 19th century. The paper offers an overview of the early stages of the...

This article describes and analyses the reconstruction process of the Ethiopian banking system as well as the reorganisation of the monetary setting of this country. Actions were begun in 1941, when the Italy's short-lived colonial empire came to an end as a result of the liberation of Ethiopia...