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Ethiopia names Fitsum as new Finance Minister

Ethiopia defaulted on its sole Eurobond in 2023 and earlier this year struck ⁠a preliminary restructuring deal with private creditors.

‘South Korea, Egypt upgrade ties to strategic partnership’

The countries will expand defence co-operation, ⁠with the leaders calling the joint production of K9 self-propelled howitzers a success.

Tanzania, AfDB target faster delivery of $3.85 billion project portfolio

Tanzania and the African Development Bank Group (AfDB) have agreed on measures to accelerate delivery across 29 active operations valued at $3.85 billion.

EAC, China sign donation agreement to advance regional integration

EAC and China formalise support agreement to boost East African economic integration

IMF warns AI, energy costs, debt are pulling global economy apart

Artificial intelligence (AI) investment, high energy prices and record public debt are pulling the global economy in competing directions, International Monetary Fund (IMF) Managing Director Kristalina Georgieva says.

‘SA’s electricity supply surpasses demand’

SA’s national electricity generation capacity has now officially outstripped domestic demand

Djembe Vibes

FINANCE

FINANCE

Ethiopia names Fitsum as new Finance Minister

‘South Korea, Egypt upgrade ties to strategic partnership’

Tanzania, AfDB target faster delivery of $3.85 billion project portfolio

EAC, China sign donation agreement to advance regional integration

IMF warns AI, energy costs, debt are pulling global economy apart

‘SA’s electricity supply surpasses demand’

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