Ethiopia revising policy to open door for foreign banks
Indicating that the Government of Ethiopia is engaged in policy revision to open its doors for foreign banks, Prime Minister
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Finance
Global partnership, finance minister discuss on upcoming plans
Finance Minister Ahmed Shide, and consortium of global Partnership discussed on upcoming plans of the consortium in advancing telecoms operation
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African finance ministers reflect on Special Drawing Rights
Africa’s Finance, Development and Planning Ministers on Tuesday called for a swift, bold and positive response from international financial institutions
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African finance minister meeting opens in Addis
Organized by the United Nations Economic Commission for Africa (UNECA) the 53rd session of the Conference of African Ministers of
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World Bank approves $400 million grant to Ethiopia
The World Bank approved a grant of $400 million to support Ethiopia Urban Productive Safety Nets and Jobs Project of
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Ethiopia’s state bank deposit surpasses $17 billion
The total deposit of Commercial Bank of Ethiopia (CBE) exceeds half a trillion birr (over $17 billion), said the recently
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Egypt expresses support to regional integration
Egypt has affirmed its strong support for the African Development Bank as a development partner and is committed to strengthening regional integration, the country’s Prime Minister, Mostafa Madbouly said during a meeting in Cairo with a Bank delegation.
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Ethiopia to allow diaspora invest in banking, insurance
The National Bank of Ethiopia (NBE), the agency in charge of regulating the financial sector of the country, is set
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Marrakech set to host African Economy ministers
The UN Economic Commission for Africa’s (ECA) Conference of African Ministers of Finance, Planning and Economic Development is set to
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Ethiopia PM discusses reform with bankers
Prime Minister Abiy Ahmed of Ethiopia held discussions with heads and representatives of financial institutions to discuss the current reforms
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Partners to drive finance to African smallholder farmers
Africa’s development partners have launch a new partnership that will help build climate resilience for smallholder farmers in Central and
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Nordic Investment Bank provides 100 million Euros for Africa’s trade
The Nordic Investment Bank (NIB) and the African Export-Import Bank (Afreximbank) have signed a 10-year loan programme of 100 million
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Casablanca to host Africa’s structured trade finance meeting
The city of Casablanca, Morocco, is set to host African Export-Import Bank (Afreximbank’s) annual meeting on ‘structured trade finance’ next
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Liberia’s small enterprises secure $20 million funding
The African Development Bank (AfDB) is to provide $20 million to boost lending to small and medium-sized enterprises in Liberia,
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Report examines ten African countries’ public finance management
A new flagship report co-produced by The African Capacity Building Foundations and the African Development Bank looks ten African countries
Read moreUganda secures oil refinery deal
With the support of the African Legal Support Facility (ALSF), the Government of Uganda has successfully signed an agreement with
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Ethiopia secures $600 million World Bank financing
The World Bank approved $600 million of the International Development Association (IDA) financing to help strengthen the capacity and performance
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Ethiopia’s banking industry grows double digit
A new report predicts double digit growth of Ethiopia’s banking industry. Ethiopia’s commercial banking sector will post a steady expansion
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Africa Finance Corporation invest in Egyptian company
Africa Finance Corporation (AFC) is set to invest $25 million in Egyptian petrochemicals company Carbon Holdings Ltd, the company said.
Read moreAfrican Development Bank provides $25 million to Mali
The African Development Bank (AfDB) is set to provide $25 million concessional loan to the Government of Mali to build
Read moreHow to help fund your business
While bootstrapping has proven itself to be successful over the years, it’s not always entrepreneurs’ preferred choice for funding their
Read moreAfreximbank partners with Ecobank to finance trade, investment in Africa
The African Export-Import Bank (Afreximbank) and Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group partnered to finance trade
Read moreHuduma Card delivers cashless efficiency, powered by Mastercard technology
Mastercard commits to supporting the roll-out of the Huduma Card in Kenya as the technology partner of choice for the
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