African Export-Import Bank (Afreximbank) signed a $100-Million agreement and a EUR 50-Million Murabaha agreement with a partner aiming to facilitate and finance exports amongst African countries and between Africa and the rest of the world.
Djibouti Telecom and its partners announced implementation commencement of the supply contract for the Djibouti Africa Regional Express (DARE) submarine cable system with TE SubCom as supplier.
Bereket Gebru – The twenty-first century has been marked by the proliferation of information and communication technologies that make information exchange an easy feat. During this time, individuals have risen to play significantly pronounced roles in collecting, analyzing and disseminating…
Kenya is emerging from a protracted presidential election process and seeing a return to political stability. Nonetheless, challenges will persist in 2018 for organisations operating in the country and East Africa more widely.
The African Development Bank (AfDB) conducted last week the first of a series of capacity development sessions on debt management for Ethiopia in Addis Ababa.
By Andualem Sisay Gessesse- The International Monetary Fund (IMF) and the United Nations Economic Commission for Africa (UNECA) on Friday announced their plan to introduce a new development model for Africa, which helps the continent achieve sustainable all-inclusive development.
Africa’s trade balance has been deteriorating over the past five years from a surplus of $24 billion in 2012 to a deficit of $154.9 billion.
By Andualem Sisay Gessesse – Following the growing economic and social ties, the governments of Ethiopia and Djibouti have been collaborating in a multiple fronts from linking via railway and road networks to water and gas pipelines and several frontiers.
Samaritan Surgical Center has introduced a state of the art facility that incorporates the latest surgery theatres, pre- and post-surgery rooms, diagnostic center and renowned surgeons.
With the aim of strengthening the role of Djibouti in the regional trade, the 110 years old Chamber of Commerce of Djibouti hosted ‘Djibouti the gateway to Africa’, its first international trade fair.
Kifiya Financial Technologies, an Ethiopian payment solution company, in collaboration with Mastercard, launches its international payment solutions – Mela- in Washington D.C.
The African Export-Import Bank (Afreximbank) entered into an agreement with the Export Development Bank of Egypt (EBE) to provide the Egyptian bank with a $500 million.
The United States has frozen $3.5 billion in assets linked to foreign corruption and repatriated or is repatriating over $150 million in proceeds of corruption to requesting countries, a U.S. official said.
By Andualem Sisay Gessesse – December 7, 2017, Djibouti – Djibouti, which is investing hugely on the development of new ports and expansion of the existing, says it continues investing to become the major logistic hub in East Africa.
The European Union issued a report this week blacklisting about and dozen and half countries from across the world as tax heavens. The list includes Tunisia from Africa.
Leading digital money transfer service WorldRemit has raised $40m to drive its next phase of global growth, aiming to serve 10 million customers connected to emerging markets. Half of these customers will be in Africa.