Africa’s Foreign Currency Dependence Costs USD 5 Billion Annually
Africa’s heavy reliance on foreign currencies such as the U.S. dollar and euro is draining its economies, increasing financial instability,
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Samaila Zubairu Appointed Chair of AAMFI, Succeeding Prof. Benedict Oramah
The Alliance of African Multilateral Financial Institutions (AAMFI), also known as the Africa Club, has announced the appointment of Samaila
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African Union Summit: African Development Bank President Highlights a Decade of Economic Transformational Impact
African Development Bank Group President Dr. Akinwumi A. Adesina delivered a farewell address to Heads of State and Government at
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Dr. Samuel Maimbo Arrives in Ethiopia for AU Summit Amid Intense AfDB Race
Zambia’s African Development Bank (AfDB) presidential hopeful, Dr. Samuel Maimbo, has arrived in Addis Ababa, Ethiopia, ahead of a crucial
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Emirates Supports Early Education in Zambia with Donation of Special Edition Backpacks
Emirates, the world’s largest international airline, has reinforced its commitment to education and community development with a generous donation of
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SACE Partners with African Development Bank Group Under “Mattei Plan” to Boost Africa-Italy Collaboration
SACE, Italy’s insurance-financial group under the Ministry of Economy and Finance, has joined forces with the African Development Bank Group
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UAE Pledges Support for Ethiopia’s Climate and Food Security Initiatives
At the World Without Hunger Conference, United Arab Emirates’ (UAE’s) Minister of State, Sheikh Shakhboot Nahyan Al Nahyan, stressed the
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PM Abiy Champions Global Vision for Zero Hunger at World Without Hunger Conference
Ethiopia’s Prime Minister Abiy Ahmed underscored the urgent need for a unified global response to achieve zero hunger, speaking at
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Emirates Expands Operations in Africa to Meet Growing Demand
Emirates is strengthening its African network with additional flights to Entebbe (Uganda), Addis Ababa (Ethiopia), and Johannesburg (South Africa), aimed
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Ethiopia Allocates $175 Million for Fuel Imports Amid Ongoing Dollar Shortage
The National Bank of Ethiopia has allocated $175 million in foreign exchange to the state-owned Ethiopian Petroleum Supply Enterprise to
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