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iM Global Partner secures stake in Berkshire

iM Global Partner secures stake in Berkshire

December 19, 2022

iM Global Partner, one of the global asset management networks, today announced the acquisition of a strategic, non-controlling stake in Berkshire Asset Management, which becomes iM Global Partner’s 9th Partner.

Germany, IFAD to support rural communities in Africa

Germany, IFAD to support rural communities in Africa

December 16, 2022

Following its recent €30 million contribution in support of the International Fund for Agricultural Development’s (IFAD) response to the global food and energy crisis, Germany has committed to investing an additional €22…

United States finances hospital in Ethiopia

United States finances hospital in Ethiopia

December 16, 2022

The United States, through the United States Agency for International Development (USAID), celebrated the opening of a new surgery ward in Soddo Christian General Hospital in Soddo City, Wolayita Zone, Southern Nations,…

Saudi returns Ethiopian migrants after torture - Amnesty

Saudi returns Ethiopian migrants after torture – Amnesty

December 16, 2022

Saudi authorities are forcibly returning hundreds of thousands of Ethiopian migrants after arbitrarily holding them in indefinite detention in inhuman and cruel conditions including beating and torture solely because they do not…

World Bank grants $745 million to Ethiopia

World Bank grants $745 million to Ethiopia

December 16, 2022

The World Bank Group on Tuesday approved a grant of $745 million to the Government of Ethiopia. In recent years, millions of Ethiopians have been impacted by multiple crises including COVID-19, climate-related…

DFC announces active commitments in Africa top $11 billion

DFC announces active commitments in Africa top $11 billion

December 15, 2022

At the U.S.-Africa Business Forum, U.S. International Development Finance Corporation (DFC) announced active commitments across Africa totaling more than $11 billion. This includes $369 million of new active commitments announced as part…

U.S.-Africa partnerships in gender equality

U.S.-Africa partnerships in gender equality

December 15, 2022

Promoting gender equity and equality is a cornerstone of U.S. foreign policy in Africa and around the world. Advancing the status of women and girls is not only a matter of human…