Ethiopia unveils new currency notes

Addis Ababa, September 14/2020(ENA) Ethiopia today unveiled new currency notes reinstating the existing Birr note, according to Office...

Kenyan banks rekindle hopes of making profits in South Sudan

Kenyan top retail banks with operations in South Sudan are optimistic about an economic turnaround after years of mixed performance weighed down...

AfDB keen to support Zim

Zimbabwe is happy with the “tone of discussions” during the annual meetings of the African Development Bank (AfDB), which demonstrated the bank’s...

Foreign investors rekindle interest in Nigerian stocks

Foreign portfolio investors have restarted intense bargain-hunting for Nigerian value stocks as stable second quarter earnings, locked-up foreign exchange, low fixed-income yields...

Nigeria signs African Trade Insurance Agency agreement

Nigerian President Muhammadu Buhari has signed the instrument of accession of the agreement for the establishment of the African Trade Insurance...

European Investment Bank set to support Egypt’s agriculture, healthcare sectors

The European Investment Bank (EIB) is set to support Egypt’s agriculture and health sectors amid the ongoing COVID-19 crisis, Minister of International...

World Bank approves $250m to boost long-term growth in Niger

The World approved a total amount of $250 million in International Development Association (IDA) credit and grant to help Niger develop its human capital...

AfDB’s Fashionomics Africa help designers embrace digital age entrepreneurship

From a new digital marketplace to connect Africa’s creatives with global markets, to masterclasses to help designers share and learn, and webinars...

World Bank approves $45 million for South Sudan local service delivery improvement

The World Bank approved a $45 million International Development Association (IDA) grant for South Sudan to continue to improve access to basic...

Egypt’s new banking law to boost development: Economic experts

When passed, the new banking bill will boost development in Egypt, being revolutionary in terms of dealing with the challenges that the fiscal and...

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Europe becomes major destination for Ethiopian commodities

European countries have become the major importers of Ethiopian commodities during the Ethiopian budget year concluded July 7, 2020, according to a new analysis...

Ethiopia to issue two Telecom licenses by March

The Ethiopian Communication Authority (ECA) has disclosed that it will award licenses for two telecom operators until March, 2021.

Meskel Festival colorfully celebrated across Ethiopia

Ethiopians are celebrating the Meskel Festival, Finding of the True Cross in various religious and cultural events across the nation.