The Islamic Development Bank Institute (IsDBI) has delivered an Islamic banking capacity-building program for the Ethiopian banking sector that involved…
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Africa told to unite for global financial architecture reform
African countries should with one voice, advocate for the reform of the global financial architecture for it to be fit…
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Togo secures $390 million financing from IMF
The Executive Board of the International Monetary Fund (IMF) approved on Friday a 42-month arrangement for Togo under the Extended…
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Africa finance barometer highlights progress, persistent challenges
The Africa Financial Industry Summit-AFIS and Deloitte unveiled the third edition of their African Financial Industry Barometer, which highlighted significant…
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Zimbabwe set to host African finance ministers
Finance and economic planning ministers are set to gather in Victoria Falls, Zimbabwe, this month for the upcoming UN Economic…
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AfDB appointed new private sector development department head
The African Development Bank (AfDB) on Sunday appointed Aida Ngir Ngom as the new Director of its Private Sector Development…
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IMF approves $100 million for Somalia
The Executive Board of the International Monetary Fund (IMF) approved a new 3-year arrangement under the Extended Credit Facility (ECF)…
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Bunna Bank makes 1.35 billion Birr profit
Bunna Bank Schare Company today announced making 1.35 billion Birr profit before tax during the budget year concluded June 30,…
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New CLUB set to help indebted countries of South
By Andualem Sisay Gessesse – The Common Leveraging Union of Borrowers (CLUB), the group recently launched by members of Organization…
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Dashen Bank of Ethiopia assets up 25 percent
The total assets of Dashen Bank, one of the biggest private banks in Ethiopia, has grown up 24.7 percent the…
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German supports financial training for Ethiopians
The German Embassy in Addis Ababa, Ethiopia, in cooperation with Giesecke+Devrient (G+D) sponsored financial training for Ethiopians engaged in banking…
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IFC, FirstRand Bank partner to finance SMEs in South Africa
The International Finance Corporation (IFC) today announced a loan to FirstRand Bank, which will support businesses in the agriculture, services,…
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