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Development Bank of Ethiopia to Provide €31 Million in Loans to MSMEs
With the help of KfW Development Bank, the German government’s official development bank, Ethiopia’s state owned financial institution – the Development Bank of Ethiopia (DBE) is set to provide €31 million in loans to support micro, small, and medium-sized enterprises (MSMEs) ope...
Ethiopian Airlines Concludes Nine New Passenger Aircraft Purchases
Ethiopian Airlines Group Chief Executive Officer Mesfin Tasew announced that the purchase of nine new passenger aircrafts was completed during the Ethiopian budget year concluded July 7, 2026. In a briefing regarding the airline’s 2018 budget year performance, the CEO stated that 897,000 metric to...
AMCON Begins Telecom Divestment as NTEL Transformation Gains Momentum
The Asset Management Corporation of Nigeria (AMCON)  has commenced the process of divesting its interests in the telecommunications sector, as it seeks to unlock the .........
Zijin Gold acquisition of Allied Gold falls through, invests US$295 million instead
The planned acquisition of Canada’s Allied Gold Corporation by China’s Zijin Gold International has officially been terminated after both companies concluded that the conditions required to complete the transaction could not be met by the July 29 deadline or within a reasonable timeframe. Instea...
Airtel Nigeria Expands Nationwide Retail Network with Single-Seater Shops
Airtel Nigeria  has launched its new Single-Seater Shops initiative, introducing a compact retail format designed to bring its products and customer services closer to users .........
AU-EU Youth Voices Lab App Reaches 6,000 Users Across 122 Countries in First Year
The AU-EU Youth Voices Lab  App has marked its first anniversary by reaching more than 6,000 active users across 122 countries, highlighting growing engagement among .........
Hundreds of Ethiopian Women Rescued from Misery in Saudi Arabia
Hundreds of Ethiopian women immigrants are rescued from misery in Saudi Arabia. A total of 1,834 Ethiopian nationals who had been living in difficult circumstances in Saudi Arabia have returned to Ethiopia, says Ministry of Women and Social Affairs of Ethiopia. The returnees arrived during the week ...
How Ghana’s cedi went from Africa’s best-performing currency to weakest in 2026
Less than a year ago, Ghana’s cedi was the continent’s biggest macroeconomic success story. After appreciating by more than 40
read more How Ghana’s cedi went from Africa’s best-performing currency to weakest in 2026
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Foreign printers dominate Nigeria’s banknote supply as NSPM misses 38% of allocation
Foreign printers dominate Nigeria’s banknote supply as NSPM misses 38% of allocation...
read more Foreign printers dominate Nigeria’s banknote supply as NSPM misses 38% of allocation
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Africa embraces yuan payments as Standard Bank clears $1.2bn through China’s network
Standard Bank has processed more than eight billion yuan (approximately $1.2 billion) in cross-border payments since becoming the first African
read more Africa embraces yuan payments as Standard Bank clears $1.2bn through China’s network
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Alert Microfinance grows assets 20-fold as inflation reshapes Nigeria’s banking landscape
Alert Microfinance Bank has grown its total assets nearly 20-fold in three years to N50 billion, demonstrating how some lenders
read more Alert Microfinance grows assets 20-fold as inflation reshapes Nigeria’s banking landscape
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ClearTax Secures Oman E-Invoicing Accreditation Ahead of Fawtara Rollout
ClearTax,  a global tax compliance and e-invoicing technology company, announced that Defmacro Software SPC , its Oman entity, has been officially accredited by the Oman Tax .........
Trust, not technology, will define the next phase of digital finance – Experts
After more than a decade of expanding financial inclusion through digital payments, mobile money and fintech innovation, industry leaders and
read more Trust, not technology, will define the next phase of digital finance – Experts
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Konecta Opens Egypt HQ and AI Center to Expand Digital Offshoring Services
Konecta  has inaugurated its new regional headquarters in Egypt alongside a dedicated artificial intelligence (AI) Center, reinforcing the country’s role as a strategic hub for .........
Why Telecom Sustainability Should Count as a National Success Measure
Before the first commuter boards a bus in Dar es Salaam, before a trader opens a market stall in Mwanza, and before a farmer checks .........
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