Ethiopia along with five African countries joined The World Logistics Passport (WLP), the world’s first freight loyalty program designed to…
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African development Bank set to fund women entrepreneurs
This May, the African Development Bank Group is launching a call for proposals for projects enhancing the viability and sustainability…
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COVID-19 worsens plight of Africa’s least developed countries
Mozambique, Sao Tome and Principe, Somalia and Sudan are in debt distress while 11 other African countries are at high…
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Armed conflicts fuels human rights violations
Protesters across sub-Saharan Africa have braved bullets and beatings to defend their rights in the face of continuing conflict and…
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United States indicts former Mozambique finance minister
The United States indicts former Mozambique finance minister Manuel Chang on charges related to a $2 billion debt deal that…
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Meridian gets trade financing for Malawi, Mozambique, Zimbabwe operations
The African Development Bank through its Trade Finance operations has signed a US$20 million facility to finance Meridian’s operations in…
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Portuguese speaking countries set sight on $5 billion projects
Portuguese speaking have identified a pipeline of more than $5 billion in private sector and private-public partnership (PPP) projects to…
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African Development Bank awards scholarships to students in Mozambique
The African Development Bank and Mozambique’s Lúrio University recently launched the UniLúrio Support to Skills Development for Agriculture and Industry…
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Ethiopian Airlines acquires 49% share in Chad Airlines
Ethiopian Airlines Group, which owns shares in in four African countries’ airlines, has announced its fifth joint venture with the…
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UN official calls for Africa’s intellectual property rights protection
The Executive Secretary of the UN Economic Commission for Africa, Ms. Vera Songwe calls on Africa leaders for the protection…
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Mozambique makes journalism difficult with exorbitant accreditation fees
The introduction by Mozambican authorities of exorbitant media accreditation fees is an assault on freedom of the press and a…
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Mozambique rural enterprises secure $62 million funding
A new funding is set to help more than 287,700 rural people engaged in agriculture, fisheries and small and medium-sized…
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FDI flow to Africa declines, UN report
Foreign Direct Investment (FDI) flows to Africa slumped to $42 billion in 2017, a 21% decline from 2016, says World…
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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…
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