To address Africa’s persistent reliance on imported refined petroleum products, African Export-Import Bank (Afreximbank) has launched a US$3 Billion Revolving Intra-African Oil Trade Financing Program to finance the purchase of refined petroleum…
The African Development Bank Group (AfDB) has signed a $3.2 billion Exposure Exchange Agreement with the Inter-American Development Bank (IADB).
By Aymen Daoud – Within the last decade, traditional banks have been increasingly forced out of their comfort zone by fintechs.
By Rania Gule – Gold (XAU/USD) has seen a significant decline at the start of trading today, Monday, dropping to around $3,286 after reaching record highs last week.
Today, Marriott International announced it has reached an agreement to acquire the lifestyle brand citizenM, a unique and innovative offering in the select-service segment.
BY YANET FANTAYE WOGAYEHU – Sub Saharan Africa’s economic growth is set to slow in 2025 and next year mainly due to the surge of global policy uncertainty, says the International Monetary…
Holland Dairy, one of Ethiopia’s innovative dairy producers unveils its latest product: Banana-Fruit Yogurt. The new addition to the Holland Dairy family was officially introduced at an exclusive launch event held over…
African countries should be active architects of their own credit narratives by establishing an African credit rating ecosystem, said Claver Gatete, Executive Secretary of the UN – Economic Commission for Africa (ECA).…
In their joint brief paper, Era Dabla-Norris, Vitor Gaspar, and Marcos Poplawski-Ribeiro stated that major policy shifts underway have heightened global uncertainty and indicated that global public debt is likely to continue…
Huawei Education Summit is convened this week in Addis Ababa, Ethiopia under the framework of the Company’s annual flagship project dubbed, “Ethiopia Digital Week 2025.”
Ethiopia is selected to host the 2027 P4G Summit, the global gathering that focuses on climate, food, water, renewable energies and related issues.
By Laura Naliaka – The African Continental Free Trade Area (AfCFTA) protocol on women and youth in trade is Africa’s blueprint for inclusive trade. Experts agree that a truly transformative vision for…
Future Investment Initiative (FII) is set to organize an Europe focused investment summit next month in Tirana, Albania, from 16–17 May 2025.
Ethiopian Airlines announced a partnership with Bucher, a leader in lightweight aircraft interior solutions, during Aircraft Interiors Expo (AIX) in Hamburg.