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 tax heavens. The list includes Tunisia from Africa.
WorldRemit 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 10 million customers connected to emerging markets. Half of these customers will…
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 Côte d’Ivoire.
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 six months ago today announced up to 45% discount for freight forwarders who process shipment of…
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 and attitudes to digital financial services in Sub-Saharan Africa.
Agricultural 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 new Feminist International Assistance Policy, bringing gender equality and economic empowerment to…
Reaffirming 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 as a time to remember those who have lost their lives to…
African 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.
Huawei 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 ICT (CCICT-2) kicked-off on Monday, November 20th at the AU headquarters in…
One 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 new research from WHO.
African Development Bank finances Kenya’s airport expansion
The African Development Bank (AfDB) approved a $160 million loan for the expansion of Jomo Kenyatta International Airport (JKIA) of Kenya following the efforts being made by Kenya’s government to make Nairobi an…
Boortmalt Malting set to open malt factory in Ethiopia
In order to satisfy the increasing demand of breweries in Ethiopia, Boortmalt Malting of Belgium is set to open a malting factory that aims to build a 60 metric ton, a malting…
Africa told to benefit from Internet economy
Many African countries have made significant progress towards creating an Internet sector, with broad reforms that focus on increasing broadband availability. There have been further successes within countries in developing online platforms, fostering…
Tunisia secures €112 million loan for road construction
The Board of the African Development Bank Group (AfDB) has approved a loan of €112 million to help finance the North-East Road Connectivity Support Project in Tunisia.