Ethiopia reacts to European ‘weak antimoney laundering regime’ list

Ethiopia reacts to European weak antimoney laundering regime list

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.

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Africa’s development partners price landmark $1 billion impact securitisation

Africa’s development partners price landmark $1 billion impact securitisation

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.

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Postal services vital for remittance delivery in Africa, report says

Postal services vital for remittance delivery in Africa, report says

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.

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