Addis Ababa to host African economy ministers summit
The 55th Session of the Economic Commission for Africa (ECA) Conference of African Ministers of Finance, Planning and…
Finance
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,…
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…
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…
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…
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…
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…
Egypt expresses support to regional integration
Egypt has affirmed its strong support for the African Development Bank as a development partner and is committed…
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,…
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…
Ethiopia PM discusses reform with bankers
Prime Minister Abiy Ahmed of Ethiopia held discussions with heads and representatives of financial institutions to discuss the…
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…
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…
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…
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…
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…
Uganda secures oil refinery deal
With the support of the African Legal Support Facility (ALSF), the Government of Uganda has successfully signed an…
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…
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…
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…
African 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…
How to help fund your business
While bootstrapping has proven itself to be successful over the years, it’s not always entrepreneurs’ preferred choice for…
Afreximbank 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…
Huduma 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…
PTA bank finances $26 billion projects in Africa
The former PTA Bank, which re-branded itself to Trade and Development Bank (TDB) said it has financed $26…
African Export-Import Bank’s Moody’s Rating improves
The global rating agency Moody’s Investors Service (Moody’s) has announced an upgrade of the issuer rating of the…
Institution urges water ministers to combat water scarcity
Associate Vice-President of the International Fund for Agricultural Development (IFAD), Perin Saint Ange, urged water ministers of developing…
Global partners support financial inclusion expansion in Congo
The International Finance Corporation (IFC), a member of the World Bank Group, together with The MasterCard Foundation, today…
PwC announces new global corporate tax services team
Today, PwC announced an innovative agreement with GE to provide integrated, enterprise managed tax services to GE on…
Chad ratifies Afreximbank establishment agreement
President Idriss Deby Itno of Chad, on 30 December 2016, ratified the Agreement on the Establishment of the…