The Brazilian Ambassador to Ethiopia, Mr. Jamdyr Ferreira Santos, has praised the New Development Bank (NDB) as a strong and fair alternative to traditional global lenders. He said the bank …
Africa
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    AfricaBusinessDevelopmentEconomyEthiopiaInfrastructure
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    The African Union (AU) and the Pan African Parliament (PAP) have agreed to work more closely together in order to solve ongoing problems facing the African continent—especially those related to … 
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    AfricaGOVERNMENTInternational RelationsPoliticsSecurityBurkina Faso Junta Abolishes Electoral CommissionBurkina Faso’s military government has announced the abolition of the country’s electoral commission, saying it is too costly to maintain. The news, which aired on state-owned RTB television, marks the … 
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    The World Bank has approved a new project to support Kenya’s efforts in fighting poverty and improving lives through social protection. The Second Kenya Social and Economic Inclusion Project (KSEIP2) … 
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    AfricaEconomyGOVERNMENTHealthcareWHO Donates Medical Equipment to Boost Tanzania’s Post-Marburg RecoveryThe World Health Organization (WHO) has donated medical equipment worth over TZS 112 million (approximately $44,000) to support Tanzania’s recovery from the recent Marburg Virus Disease (MVD) outbreak. The donation … 
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    AfricaBanking, Finance & InvestmentBusinessEconomyFinance & ServicesNewsNigeriaRMB Wins International Awards for Excellence in Transactional Banking and Cash Management in AfricaRand Merchant Bank (RMB), the African Corporate and Investment Bank, has received global recognition for its outstanding performance in transactional banking and cash management services across Africa. The bank announced … 
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    AfricaDevelopmentEnvironmentGOVERNMENTNewsPoliciesNigerian Expert Advocates Community-Driven Water Governance at UNA Nigerian rural development expert, Damilola Olajubutu, has taken Nigeria’s water access crisis to the international stage, calling for a fundamental shift in how water projects are designed and implemented. … 
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    AfricaBanking, Finance & InvestmentEconomyFinance & ServicesWorld Bank: Nigeria, Other Developing Countries Record Fastest Growth in Financial Savings in a DecadeThe World Bank Group has reported a significant rise in the number of adults using financial accounts to save in Nigeria and other developing countries, marking the fastest growth in … 
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    AfricaBanking, Finance & InvestmentFinance & ServicesFintechTechnologyTrade and CommerceUBA’s AI Chatbot LEO Now Facilitates Cross-Border Payments in AfricaUnited Bank for Africa (UBA) Plc, one of the continent’s biggest financial institutions, has announced that its Artificial Intelligence (AI) chatbot, LEO, is now capable of performing cross-border payment transactions. … 
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    AfricaBusinessEconomyFinance & ServicesGOVERNMENTInfrastructureInternational RelationsCameroon Government to Take Over Societe Generale SubsidiaryIn a major move that signals increased government involvement in the financial sector, French banking giant Societe Generale has agreed to sell the majority of its shares in its Cameroon …