The Ministry of Foreign Affairs of Romania, in partnership with Romania’s International Development Cooperation...

For the first time since the National Bank of Ethiopia (NBE) began publishing auction...

The Ethiopian Deposit Insurance Fund (EDIF), the statutory body established to protect retail depositors and bolster financial stability across the banking and microfinance sectors, is weighing a fundamental reform in how it assesses member contributions. Fund officials are exploring a transition from the current flat annual rate of 0.3 percent to a dynamic "target fund" model that factors in the specific risk profiles and liabilities of individual financial institutions. The proposal comes as the fund accumulates tens of billions of birr in reserves while navigating yield compression on government securities, notably a sharp drop in Treasury bill (T-bill) yields alongside limited domestic investment outlets. Currently, 31 commercial banks and 44 microfinance institutions operating in Ethiopia pay an annual premium of 0.3 percent calculated on their average total deposits. "Since the EDIF began operations in 2023, member institutions...

Ethiopia is overhauling its national logistics ecosystem with the rollout of integrated digital platforms...

The Fourteenth Conference on Climate Change and Development in Africa (CCDA-14) concluded today in...

In global climate discourse, carbon dioxide (CO2) commands almost every headline, summit agenda, and policy white paper. International climate...

Africa does not need another conference that produces a long communiqué and a short list of concrete actions. The...

African leaders have never been short of promises. Every year, health ministers pledge to end preventable child deaths, strengthen primary...

Ray Dalio’s ‘How Countries Go Broke: The Big Cycle’ is not a book about one country, one government or...