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Finance

Commercial Bank of Ethiopia’s Quest to Recoup Millions Lost in Technical Glitch

March 21, 2024 Steven Addamah 0

Ethiopia’s largest bank is reportedly endeavoring to reclaim over $40 million following a technical malfunction that permitted customers to withdraw funds exceeding their account balances. […]

EU offers Egypt €7.4 billion package to curb migration

March 19, 2024 Geraldine Boechat 0

The EU has offered cash-strapped Egypt 7.4 billion euros in a deal to curb illegal migration from the country and the region. The package came […]

Somalia Achieves 99% Debt Cancellation from Paris Club Creditors

March 14, 2024 Steven Addamah 0

Somalia successfully negotiated the elimination of 99% of its debt to members of the Paris Club, marking a significant achievement in the nation’s journey to […]

IMF to Evaluate the Economic Impact of Drought in Zambia

March 11, 2024 Steven Addamah 0

The International Monetary Fund (IMF) has announced its intention to visit Zambia in mid-April to evaluate the economic impact of the ongoing drought. With 84 […]

EU offers Tunisia €150 million in financial stability help

March 5, 2024 Pawla Nibramich 0

Cash-strapped Tunisia received an aid of €150 million from the EU to help it with financial stability as it struggles with an unprecedented economic and […]

Ghana’s Finance Ministry Warns of Potential $3.8B Loss Due to Anti-LGBTQ Legislation

March 5, 2024 Steven Addamah 0

Ghana’s finance ministry has issued a warning that the country could experience a significant loss of funding from international banks, amounting to an estimated USD$3.8 […]

Africa dominates list of world’s 20 Fastly growing economies

March 1, 2024 Khalid Al Mouahidi 0

Eleven African countries will dominate the list of the world’s 20 fastest-growing economies in 2024, the African Development Bank Group said. Overall, real gross domestic […]

IMF praises Ghana’s ‘strong’ economic reform policies that begin to bear fruit

February 29, 2024 Pawla Nibramich 0

Ghana’s recent deal with the International Monetary Fund (IMF) will remain unaffected despite the latest government reshuffle, President Nana Akufo-Addo assured, just as the global […]

U.S., Zambia, AFC Host PGI Forum to Strengthen Investment in Lobito Corridor

February 12, 2024 Geraldine Boechat 0

President of Zambia, Hakainde Hichilema, Senior Advisor to President Biden, Amos Hochstein, and President and CEO of the Africa Finance Corporation (AFC), Samaila Zubairu, convened […]

West Africa’s ‘Brexit’: Mali stays with regional currency zone, Burkina Faso weighs exit

February 5, 2024 Geraldine Boechat 0

Mali has said it has no intentions of leaving West Africa’s currency zone, while Burkina Faso has hinted at its possible withdrawal after they, along […]

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News

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    July 1, 2026 0
  • Zimbabwe Parliament approves constitutional changes to extend presidential term to seven years

    July 1, 2026 0
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    July 1, 2026 0

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