The United Nations Economic Commission for Africa (UNECA) is collaborating with the International Financial Corporation (IFC) and Ant Financial (Ant)…
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African Development Bank Group appoints new vice president
The African Development Bank Group announces the appointment of Dr. Mateus Magala as Vice President for Corporate Services and Human…
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African Development Bank approves $250 million Risk Participation Agreement
The Board of Directors of the African Development Bank on Wednesday, 18 July 2018, approved an unfunded US$ 250-million Risk…
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Dashen Bank launches new Ethiopian Digital Wallet
Dashen Bank, the leading private digital bank in Ethiopia, and its technology partner, Moneta Technologies, launched “Amole” based on its…
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Trade Insurance set to pay first dividends to African governments
In a much anticipated announcement, the African Trade Insurance Agency (ATI), declared that its General Assembly had approved the first…
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Nigeria court orders release of African billionaire’s properties in UK
The Federal High Court in Abuja, Nigeria has directed the immediate release of two properties located in the United Kingdom…
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UN urges countries to help Africa fight money laundering, tax evasion
The Secretary-General of the United Nations, Mr. António Guterres, who is in Addis Ababa for the joint African Union (AU)…
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African Development Bank transparency ranking improves
The 2018 Aid Transparency Index Report, released by ‘Publish what you Fund’ has ranked the African Development Bank 4th among…
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Ethiopia sacks two state bank presidents
Ethiopian government today announces sacking of two big state bank presidents. The Finance Institutions Enterprises Agency of Ethiopia has appointed…
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UN agency to set up African Women Leadership Fund
The UN Economic Commission for Africa is planning to set up the African Women Leadership Fund to help speed up…
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National Bank of Ethiopia needs complete reform
The former advisor at the National Bank of Ethiopia (NBE), who now calls the institution ‘money printing press’, urges the…
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Mastercard Kenya appoints new Financial Inclusion Labs chief
Mastercard has appointed Salah Goss as Head of the Mastercard Labs for Financial Inclusion, based in Nairobi, Kenya. She will…
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