New Business Ethiopia

The President of the European Commission, Ursula von der Leyen, today arrived Addis Ababa, Ethiopia to attend the 10th round of African Union (AU)- European Union (EU) Commission-to-Commission meeting.

The government of Ethiopia reacted today to the European Commission list of third countries with weak antimoney laundering and terrorist financing regimes, which includes Ethiopia.

The African Development Bank (AfDB), the European Commission, Mariner Investment Group, LLC (Mariner), Africa50, and Mizuho International plc today announce the pricing of Room2Run, a $1 billion synthetic securitization corresponding to a portfolio of seasoned pan-African credit risk.

Postal services can play a pivotal role in delivering remittances, lowering the transfer costs and providing access to basic financial services in Africa, says a new report.