The United States has frozen $3.5 billion in assets linked to foreign corruption and repatriated or is repatriating over $150…
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Djibouti vows to become major East African logistic hub
By Andualem Sisay Gessesse – December 7, 2017, Djibouti – Djibouti, which is investing hugely on the development of new…
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European Union blacklisted countries as tax heavens
The European Union issued a report this week blacklisting about and dozen and half countries from across the world as…
Read MoreWorldRemit targets 5 million customers in Africa
Leading digital money transfer service WorldRemit has raised $40m to drive its next phase of global growth, aiming to serve…
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African Development Bank finances $324 million renewable energy projects
The African Development Bank (AfDB) has approved $324 million in loan support to two renewable energy projects in Morocco and…
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Djibouti cut port service fee for Ethiopia
By Andualem Sisay Gessesse – Djibouti, December 6, 2017 – The new Duraleh Multi-purpose Port of Djibouti, which began operation…
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Partners release study on attitudes to mobile money in Africa
IFC, a member of the World Bank Group, and the Mastercard Foundation today published an ethnographic study on the perceptions…
Read MoreAgricultural investment impacts women, girls lives
Investment in agriculture and rural development may be among the best ways for Canada to realize the goals of its…
Read MoreReaffirming U.S. Leadership and Commitment to Partnership in the Fight Against HIV AIDS
Open letter by U.S. Ambassador to Ethiopia, Ambassador Michael Raynor Each year, we mark World AIDS Day on December 1…
Read MoreAfrican Development Bank partners with World Wide Fund for Nature
The World Wide Fund for Nature (WWF) and the Africa Development Bank (AfDB) have announced a new three-year partnership agreement.
Read MoreHuawei joins AU to drive Africa’s digital transformation
Huawei joined AU in the Second Ordinary Session of the African Union (AU) Specialized Technical Committee (STC) on Communication and…
Read MoreOne in ten medicines in developing countries are counterfeit – WHO
An estimated 1 in 10 medical products circulating in low- and middle-income countries is either substandard or falsified, according to…
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