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Ethiopia’s banking industry grows double digit

March 17, 2017

A new report predicts double digit growth of Ethiopia’s banking industry. Ethiopia’s commercial banking sector will post a steady expansion over 2017, with both loan and deposit growth continuing on a strong…

African Development Bank provides $25 million to Mali

March 7, 2017

The African Development Bank (AfDB) is set to provide $25 million concessional loan to the Government of Mali to build utility-scale solar photovoltaic plant and transform the West African energy market., the…

How to help fund your business

March 2, 2017

While bootstrapping has proven itself to be successful over the years, it’s not always entrepreneurs’ preferred choice for funding their business. It’s not the most reliable and unless your business starts out…

African Export-Import Bank’s Moody’s Rating improves

January 26, 2017

The global rating agency Moody’s Investors Service (Moody’s) has announced an upgrade of the issuer rating of the African Export-Import Bank (Afreximbank) from Baa2 to Baa1, with the outlook as stable.