Trusted Insights & Expert Communications
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…
The African Development Bank (AfDB) on Sunday appointed Aida Ngir Ngom as the new Director of its Private Sector Development Department.
The Executive Board of the International Monetary Fund (IMF) approved a new 3-year arrangement under the Extended Credit Facility (ECF) for Somalia in an amount of SDR 75 million (about 45.9 percent…
Bunna Bank Schare Company today announced making 1.35 billion Birr profit before tax during the budget year concluded June 30, 2023.
By Andualem Sisay Gessesse – The Common Leveraging Union of Borrowers (CLUB), the group recently launched by members of Organization of Southern Cooperation (OSC) is set to provide instruments for the indebted…
The total assets of Dashen Bank, one of the biggest private banks in Ethiopia, has grown up 24.7 percent the fiscal year concluded June 30,2023 reaching 144.6 billion Birr.
The German Embassy in Addis Ababa, Ethiopia, in cooperation with Giesecke+Devrient (G+D) sponsored financial training for Ethiopians engaged in banking sector and the business community.
The International Finance Corporation (IFC) today announced a loan to FirstRand Bank, which will support businesses in the agriculture, services, trade, construction, hospitality, and other sectors in South Africa.
By Andualem Sisay Gessesse (Marrakech, Morocco) – The newly appointed World bank President Ajay Banga expresses his plant to make the Bank a ‘better bank and Knowledge bank’.
By Andualem Sisay Gessesse (Marrakech, Morocco) – The recent rise of the United States Dollar will not have much impact on the emerging economies, says an expert at the International Monetary Fund…
The Members of parliament (MPs) of African countries are urged to seriously interrogate their executives to understand the magnitude and usage of the debt the executives borrow on behalf of their people.