Trusted Insights & Expert Communications
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.
The UN’s International Fund for Agricultural Development (IFAD) and Stanbic Bank Uganda (SBU) today announced a partnership that will cut the cost incurred by Ugandan migrant workers sending money home in half…
By Muluneh Gebre – The National Bank of Ethiopia (NBE) has announced that it has increased the amount of forex that exporting firms can retain after exporting commodities from 30 to 50…
The new World Bank president Ajay Banga is set to visit Ethiopia this week starting July 31, 2023.