TDB Group, an African trade and development lender, is considering claiming insurance on debt it’s owed by Zambia that has become entangled in a complex restructuring process.

State-owned Ethiopian Electric Power (EEP) has announced its intention to shut down all the crypto mining operations in the ...

Alongside the crypto clampdown, EEP is grappling with a major budget shortfall, revealing that it plans to earn 138 billion ...

Last week marked one year since the consequential decision to float the Birr as part of the government’s IMF-backed macroeconomic reforms. Over the past 12 ...

A recent forum heard that the high cost of capital continues to undermine the continent’s growth and infrastructure ...

As old power blocs fade, mini-blocs rise, flexible, issue-driven and led by the Global South. India stands at the heart, ...

The Ethiopian birr fell to a record low of 174 per dollar on the parallel market, diverging sharply from the official rate of 137 birr, as businesses continue to struggle with limited access to ...

BRICS leaders gathered for their July 2025 summit in Rio de Janeiro to call for "cooperation without coercion" and promote ...

The Governor of the National Bank of Ethiopia (NBE), Mamo Mihretu, announced that the government would continue to take firm legal measures against illegal entities operating in the parallel foreign ...

PRESIDENT Ferdinand R. Marcos, Jr. said the Philippines is open to the possibility of joining the BRICS bloc, as Manila seeks to expand its global partnerships amid shifting geopolitical dynamics.

The National Bank of Ethiopia (NBE) has issued a strong warning to the business community and members of the diaspora to stop using the informal foreign exchange market, as part of a broader effort to ...