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 appointed president of EBE.
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Tag: Finance
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 integratioRead More…
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 to introduce a regulation that wilRead More…
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 be held in MarRead More…
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 within Read More…
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 West AfriRead More…
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 Euros to financeRead More…
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 NovRead More…
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, the Bank said after aRead More…
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 public finRead More…
Uganda secures oil refinery deal
With the support of the African Legal Support Facility (ALSF), the Government of Uganda has successfully signed an agreement with a consortium of AmerRead More…