Afreximbank launches revolving intra-African oil trade financing program
To address Africa’s persistent reliance on imported refined petroleum products, African Export-Import Bank (Afreximbank) has launched a US$3…
AfDB, Inter-American Development Bank ink $3.2 billion deal
The African Development Bank Group (AfDB) has signed a $3.2 billion Exposure Exchange Agreement with the Inter-American Development…
Symbiotic relationship transforming African banking
By Aymen Daoud – Within the last decade, traditional banks have been increasingly forced out of their comfort…
The Impact of global tension on gold price
By Rania Gule – Gold (XAU/USD) has seen a significant decline at the start of trading today, Monday,…
Marriott to acquire lifestyle brand – citizenM
Today, Marriott International announced it has reached an agreement to acquire the lifestyle brand citizenM, a unique and…
Sub Saharan Africa growth to slow, says IMF
BY YANET FANTAYE WOGAYEHU – Sub Saharan Africa’s economic growth is set to slow in 2025 and next…
Holland Dairy introduces new product in Ethiopia
Holland Dairy, one of Ethiopia’s innovative dairy producers unveils its latest product: Banana-Fruit Yogurt. The new addition to…
Africa advised to establish its own credit rating ecosystem
African countries should be active architects of their own credit narratives by establishing an African credit rating ecosystem,…
Countries urged to address rising global public debt
In their joint brief paper, Era Dabla-Norris, Vitor Gaspar, and Marcos Poplawski-Ribeiro stated that major policy shifts underway…
Huawei supports sustainable education ecosystem in Africa
Huawei Education Summit is convened this week in Addis Ababa, Ethiopia under the framework of the Company’s annual…
Ethiopia set to host next P4G Summit
Ethiopia is selected to host the 2027 P4G Summit, the global gathering that focuses on climate, food, water,…
Africa’s blueprint for inclusive trade
By Laura Naliaka – The African Continental Free Trade Area (AfCFTA) protocol on women and youth in trade…
Albania set to host Europe investment summit next month
Future Investment Initiative (FII) is set to organize an Europe focused investment summit next month in Tirana, Albania,…
Ethiopian Airlines partners with Bucher Aircraft Interior Solutions
Ethiopian Airlines announced a partnership with Bucher, a leader in lightweight aircraft interior solutions, during Aircraft Interiors Expo…
Global economy growth to slow to 2.3% in 2025
The world economy is on a recessionary trajectory, driven by escalating trade tensions and persistent uncertainty, UN Trade…
Nigeria, United Kingdom to boost trade, investment
Nigeria’s Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole, reinforces Nigeria’s commitment to fostering trade and investment…
Nokia to help advance Digital Morocco 2030
Nokia is set to help accelerate the Digital Morocco 2030 plan as the Ministry of Digital Transition and…
German Parliamentary State Secretary visits Ethiopia
Parliamentary State Secretary Niels Annen (Federal Ministry for Economic Cooperation and Development, BMZ) was the first high-ranking representative…
Innovative financing, debt reform for Africa’s sustainable development
By Jason R. Braganza – The 11th session of the African Regional Forum on Sustainable Development being held…
African leaders press for fast SDGs implementation
The Eleventh Session of the Africa Regional Forum on Sustainable Development (ARFSD-11) kicked off in Kampala, Uganda, with…
Invest in African Energies in Accra to support deal making
Taking place on April 14 at the Kempinski Hotel in Accra, the Invest in African Energies is set…
Djibouti Forum calls for collaboration amidst global turbulence
Global turbulence, much of it self-inflicted, dominated discussions at the second edition of the Djibouti Forum.
New York, San Francisco remain world wealthiest cities
The United States continues to dominate, with 11 cities on the Top 50 Cities for Millionaires list in…
Canada initiates WTO dispute about US automobiles tariff
Following the recent new tariff introduced by the United States Government, Canada on Monday requested the World Trade…
Africa told to prioritize job creation
With over 10 to 12 million young Africans entering the workforce annually, but only around 3 million formal…
Africa urged to craft uniform debt contract template
BY ANDUALEM SISAY GESSESSE / JOHANNESBURG – The African Union (AU) is urged to take the leadership and…
Kenya court to rule on Meta’s role in Ethiopian ethnic violence
Kenya High Court on Thursday ruled it has jurisdiction to hear and consider the merits of the case,…
Why Africa battles for fair credit
Why borrowing is so expensive for African nations is no longer just a technical debate. It is a…
Sheraton Dakar opens Four Points
Four Points by Sheraton, part of Marriott Bonvoy’s global portfolio of over 30 brands, today announced the opening…
IFC commits $100 million to African data center
The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement for $100…