Finance
Ethiopia Secures $1 Billion Support from World Bank to Bolster Economic Reform
The Government of Ethiopia has entered into a landmark agreement with the World Bank amounting to...
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Botswana Secures $200 Million OPEC Fund Loan to Support Fiscal Reform
Botswana has secured a US$200 million (approximately P2.7 billion) policy-based loan from the OPEC Fund for...
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World Bank to Inject $200 Million into Angola to Boost Public-Private Partnerships
The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has announced...
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Dr George Elombi Appointed as Afreximbank’s Fourth President and Chairman of the Board
The shareholders of the African Export-Import Bank (Afreximbank) have formally appointed Dr George Elombi as the...
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Standard Bank Delivers Strong Start to 2025 Despite Global Headwinds
Standard Bank Group has commenced 2025 with a solid financial performance, underpinned by a resilient operating...
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Tanzania Exits FATF Grey List After Sweeping Financial Reforms
Tanzania has been officially removed from the Financial Action Task Force (FATF) grey list, signalling a...
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Mozambique Central Bank Cuts Key Interest Rate to 11%
In a continued effort to sustain monetary easing amid a favourable macroeconomic environment, the Bank of...
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South African Reserve Bank Lowers Repo Rate to 7.25%
The South African Reserve Bank (SARB) has reduced its benchmark repo rate by 25 basis points...
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Who is the New President-Elect of the African Development Bank? Meet Sidi Ould Tah
In a landmark election that concluded on 29 May 2025, Sidi Mohamed Tah emerged as the...
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Meet the Candidates Competing to Lead the African Development Bank
Five candidates are in the running to lead the African Development Bank (AfDB), with the election...
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