The African Development Bank Group and the Eastern and Southern African Trade and Development Bank (TDB Group) have signed an…
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Africa advised to deepen domestic financial markets
Africa’s journey towards meeting the Sustainable Development Goals (SDGs) hinges on developing effective domestic financial markets that provide affordable finance.
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IMF reduces cost of borrowing by 16 percent
The Executive Board of the International Monetary Fund (IMF) on Friday concluded the Review of Charges and the Surcharge Policy,…
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Strengthening capital markets in Guinea, Sierra Leone
The Economic Commission for Africa (ECA), in collaboration with the West African Monetary Institute (WAMI) and the central banks of…
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Ivorian fintech wins Ecobank’s $50,000 fintech challenge
Daba Finance, the Ivorian fintech wins Ecobank’s $50,000 fintech challenge 2024 after fierce competition.
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Following forex liberalization Ethiopia set to access IMF’s $345 million
BY YANET FANTAYE WOGAYEHU – As part of the recent four-year US$ 3.4 billion Extended Credit Facility (ECF) arrangement reached…
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Impact of Ethiopia’s IMF-backed forex floating on consumer
BY YANET FANTAYE WOGAYEHU – As Ethiopia grapples with rising inflation and internal conflicts, consumers are closely watching for signs…
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African MPs gather to discuss illicit financial flows in Harare
This week parliamentarians from the East and Southern African region are gathered in Harare, Zimbabwe for the regional African Parliamentary…
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Arise invests in South African fintech start-up Omnisient
Arise, a company that invests in African financial service providers and fintechs that advance financial inclusion, has invested $7.5 million…
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ARC pays out over $170 million in claims
The African Risk Capacity Limited (ARC Ltd) commemorates its 10th anniversary and outlines a decade of impact, which saw it…
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Afreximbank, Uganda Development Bank sign financing agreement
African Export-Import Bank (Afreximbank) and the Uganda Development Bank (UDB) have signed a Joint Project Preparation Facility Framework Agreement to…
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Ethiopia to issue forex bureau licenses
BY YANET FANTAYE WOGAYEHU – For the first time in the country’s history, the National Bank of Ethiopia (NBE), the…
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