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MSF helps recover war-torn hospital in Tigray, Ethiopia

MSF helps recover war-torn hospital in Tigray, Ethiopia

August 17, 2024

BY YANET FANTAYE WOGAYEHU – Médecins Sans Frontières (MSF), the global agency that provides medical assistance to people affected by conflict, epidemics, disasters, or exclusion from healthcare, hands over activities as Abiy…

US supports Ethiopia's leadership, governance program

US supports Ethiopia’s leadership, governance program

August 16, 2024

The United States Embassy in Ethiopia, in partnership with Texas Tech University, The Ohio State University, Oklahoma State University, and the Ethiopian Ministry of Education, hosted a closing ceremony for the Leadership,…

ARC pays out over $170 million in claims

ARC pays out over $170 million in claims

August 13, 2024

The African Risk Capacity Limited (ARC Ltd) commemorates its 10th anniversary and outlines a decade of impact, which saw it paying out over $170 million in claims and underwriting a record $25…

Afreximbank, Uganda Development Bank sign financing agreement

Afreximbank, Uganda Development Bank sign financing agreement

August 13, 2024

African Export-Import Bank (Afreximbank) and the Uganda Development Bank (UDB) have signed a Joint Project Preparation Facility Framework Agreement to provide early project preparatory financing and technical support services to public and…

Afreximbank to double intra-African trade financing to $40 billion

Afreximbank to double intra-African trade financing to $40 billion

August 12, 2024

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) plans to double its financing of intra-African trade from US$20 billion in 2021 to US$40 billion by 2026, Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade…

Why USSD mobile banking viable solution for Africa

Why USSD mobile banking is viable solution for Africa

August 10, 2024

With its innovative Engagement Banking Platform (EBP), Backbase has been engaged in providing its services to sure financial institutions deliver seamless and personalized experiences to today’s customers. For 20 years, the Dutch…

Ethiopia to issue forex bureau licenses

Ethiopia to issue forex bureau licenses

August 9, 2024

BY YANET FANTAYE WOGAYEHU – For the first time in the country’s history, the National Bank of Ethiopia (NBE), the financial sector regulatory body of the country, has begun accepting applications from…