African Trade and Investment Development Insurance (ATIDI) recorded a remarkable performance for the financial year ended December 2023, backed by increased uptake of the insurer’s political and credit risk products on the…
By Anwar Hussen Mohammed – Ethiopia, Africa’s second-most populous nation with about 120 million people, boasts a fast-growing economy. Underpinning this growth is a financial sector undergoing a period of significant change.
By Anwar Hussen Mohammed – The increasing services charges and hidden fees by banks has been one of the main challenges while transferring funds from one country to another. In most cases…
In a significant step toward bolstering public finance systems, experts and stakeholders from across Africa gathered today for a workshop on Integrated National Financing Frameworks (INFFs).
On Africa Day celebration, the African Forum and Network on Debt and Development (AFRODAD) recognizes the continent’s remarkable achievements in securing major positions to influence global economic, financial, and tax policies.
At the conclusion Djibouti Forum on Tuesday, Djibouti’s sovereign wealth fund (Fonds Souverain de Djibouti) and Tamini Insurance signed a memorandum of understanding with Tamini Insurance, part of the influential Salaam Group,…
New research to be launched at the Africa Public Sector Virtual Conference hosted by ACCA (the Association of Chartered Certified Accountants) highlights deficiencies and route to stronger public service delivery.
An International Monetary Fund (IMF) staff team, led by Mr. Stéphane Roudet, Mission Chief for Ghana, held meetings in Accra during April 2-12, 2024, which will enable Ghana to access to about…
Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has announced close of its largest ever debt facility, a $1.16 billion syndicated loan, attracting new lenders from the Middle East,…
The Islamic Development Bank Institute (IsDBI) has delivered an Islamic banking capacity-building program for the Ethiopian banking sector that involved training bankers.
African countries should with one voice, advocate for the reform of the global financial architecture for it to be fit for purpose and serve Africa’s development priorities, said African economy ministers.
The Executive Board of the International Monetary Fund (IMF) approved on Friday a 42-month arrangement for Togo under the Extended Credit Facility of SDR 293.60 million or about US$390 million (200 percent…
The Africa Financial Industry Summit-AFIS and Deloitte unveiled the third edition of their African Financial Industry Barometer, which highlighted significant progress and persistent challenges in the African financial industry.
Finance and economic planning ministers are set to gather in Victoria Falls, Zimbabwe, this month for the upcoming UN Economic Commission for Africa (ECA) Conference of Ministers Finance, Planning and Economic Development…