Commercial Bank of Ethiopia struggles to make profit in Djibouti
By Andualem Sisay Gessesse – Djibouti – Commercial Bank of Ethiopia (CBE), which reopened its branch in Djibouti 18 months ago, is still struggling to make profit.
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Moving Africa Free Trade Area deal with quick win solutions
A total of 44 African nations signed the landmark African Continental Free Trade agreement earlier this year, with only 12 out of the required 22 countries ratifying the accord, but policy makers say there is time enough – and practical solutions – to move the process ahead.
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Kuriftu goes continental pioneered by ex-Ethiopian refugee in Sudan
By Adualem Sisay Gessesse – Born in Arsi and grown up in Desse area of Ethiopia, Mr. Tadiwos, now in his mid-50s was exiled to Sudan when he was only 18 years old. For the first three years he lived in Omdurman, Sudan as refugee. Then he got an opportunity to go to the United […]
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Meridian gets trade financing for Malawi, Mozambique, Zimbabwe operations
The African Development Bank through its Trade Finance operations has signed a US$20 million facility to finance Meridian’s operations in Malawi, Mozambique and Zimbabwe.
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Africa’s accelerated economic growth comes to an end
Africa’s “easy decade” of accelerated economic growth is coming to an end, and only accelerated job creation and integration will ensure sustainable growth and development across the continent, says renowned economist.
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International trade fair opens in Djibouti
With the aim of promoting Djibouti as investment and tourist destination, the second international Djibouti trade fair opens on Monday attracting some 310 exhibitors from different countries.
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