Mamo Mihretu, who served as governor of the National Bank of Ethiopia (NBE) until September 2025, has been recognized among Africa’s leading central bankers in the 2025 Global Finance Central Banker Report Cards.

The annual assessment, published since 1994, evaluates governors from nearly 100 jurisdictions, grading them from “A+” to “F” based on inflation control, economic growth, currency stability, interest rate management, and political independence.

Mamo received an “A-” grade, placing him alongside Uganda’s Michael Atingi-Ego, Egypt’s Hassan Abdalla and South Africa’s Lesetja Kganyago. The report highlights leaders who have delivered results with independence, discipline, and strategic foresight, particularly amid high inflation and economic volatility.

Kenya’s Kamau Thugge and Morocco’s Abdellatif Jouahri received top “A” grades, with Thugge credited for stabilizing the Kenyan shilling, reducing inflation from nine percent to 4.5 percent, and raising foreign exchange reserves from below 3.5 months of import cover to 4.9 months, surpassing the statutory requirement of four months.