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A service for banking industry professionals · Friday, January 3, 2025 · 773,751,941 Articles · 3+ Million Readers
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Horn of Africa Banking Industry News  •••  Topics

Horn of Africa Banking Industry Newswire

  • Published on Jan 2, 2025

    Predictions for Africa in 2025

    On US-Africa: Zainab Usman, director of the Africa Program, Carnegie Endowment for International Peace, Washington DC. On trade there will be a lot of uncertainty around the future of the Africa Growth Opportunity Act and US-Africa trade relations in …

    Source: Semafor - Neutral
  • Published on Jan 2, 2025

    Africa Improved Foods targets shift to commercial food production

    Ramesh Moochikal, CEO of Africa Improved Foods, says that the company is seeking hundreds of millions in investment to enable it to expand to other parts of the continent as it targets a shift to commercial food production. Africa Improved Foods is a …

    Source: African Business - Neutral
  • Published on Dec 31, 2024

    African crypto revolution continues as Ethiopia ranks among global BTC mining leaders

    2024 was a pivotal year for Ethiopia as it generated around $1 billion in BTC mining profits due to its access to cheap, reliable, and renewable energy sources. Africa is a region producing fintech unicorns that provide the highly unbanked (and equally …

    Source: crypto.news - Neutral
  • Published on Jan 1, 2025

    Ethiopia Bets Big on Floated Currency as Kenya Masters the Art of Stability

    From Ethiopia's attempt to reform systemic distortions to Kenya's aim to balance currency fluctuations with interventions, both countries demonstrate the need for robust strategies to spur economic growth and protect the vulnerable. As they …

    Source: Addis Fortune - Neutral
  • Published on Dec 31, 2024

    The worst-performing African currencies against the dollar as of December 31, 2024.

    The challenges faced by African currencies include persistent trade imbalances, high inflation, political instability, and dwindling foreign reserves, which lead to depreciation. Other challenges faced by some African nations in stabilizing their …

    Source: Business Insider Africa - Neutral
  • Published on Dec 31, 2024

    Tanzania votes, Museveni picks, Ethiopia opens: East Africa in 2025

    The increasingly authoritarian turn in Tanzania will likely see President Samia Suluhu Hassan coast to victory. Expect a similarly muscular preelection year in Uganda, where an ageing Yoweri Museveni must fend off not only a rejuvenated opposition in the …

    Source: Africa Report - Neutral
  • Published on Dec 31, 2024

    Expert Urges South Africa to Confront Radicalization, Terror Financing Threats

    ADF STAFF South African children as young as 11 are being radicalized and recruited to commit terror acts, according to an Institute for Security Studies expert who spoke at the Border Management Conference and Expo in Pretoria in November. Young people in …

    Source: Africa Defense Forum - Label Pending
  • Published on Dec 28, 2024

    Commercial Bank of Ethiopia’s Total Assets Reach Nearly 2 Trillion Birr

    Addis Ababa December 28/2024 (ENA)—The total assets of Commercial Bank of Ethiopia (CBE) have reached 1.9 trillion Birr, the bank’s President, Abe Sano disclosed. The President explained that the macroeconomic reforms of the country have also shifted …

    Source: Ethiopian News Agency - Label Pending
  • Published on Jan 2, 2025

    Finance Minister of the Year 2025

    Global and Europe Giancarlo Giorgetti, Italy Giancarlo Giorgetti is The Banker’s Finance Minister of the Year, having won respect for his attempts to reduce Italy’s growing deficit and sustain public investment, with a longer-term plan to bring down the …

    Source: The Banker - Neutral
  • Published on Dec 31, 2024

    Ethiopia Is A Strategic Hub For Qatari Investments, Says Envoy

    (MENAFN- Gulf Times) On the back of robust Ethiopia-Qatar ties and its strategic location as a gateway to the African continent, the country is looking to attract FDI, particularly investments from Qatar in various sectors, Ethiopian ambassador Faisal Ali …

    Source: MENAFN - Uncategorized
  • Published on Dec 31, 2024

    From Vision to Impact: A Mentor’s Perspective on Ethiopia’s Draft Startup Policy

    Ethiopia is a country bursting with potential. Every time I meet an aspiring entrepreneur, I’m reminded of the creativity and determination that flows through our communities. But as a certified mentor by the I.L.M U.K and Jury Panel for BINA Bootcamps, …

    Source: Modern Ghana - Neutral
  • Published on Jan 1, 2025

    Tigray leader says region losing gold without benefit

    Ethiopia’s prime minister recently touted the country’s mining resources and said the industry could achieve a historic milestone by generating up to $2 billion in gold revenue this year. He made the comment while inaugurating a gold exploration and mining …

    Source: Voice of America - Public Broadcaster
  • Published on Jan 1, 2025

    10 Conflicts to Watch in 2025

    In these unsettled times, U.S. President-elect Donald Trump’s return to the White House looks set to shake things up further. But how does a disrupter deal with an already disrupted world? In the Middle East, a chain reaction set off by Hamas’s Oct. 7, …

    Source: Foreign Policy - Label Pending
  • Published on Dec 28, 2024

    Ethiopia’s Development Model Shows Cracks as Institutions Lag

    Ethiopia’s development model is showing signs of strain as weak institutions and human capital constraints hold back economic transformation, threatening its ambitions to compete with more dynamic East African economies. A  United Nations Conference on …

    Source: The Reporter Ethiopia - Neutral
  • Published on Jan 1, 2025

    Major developments in the Nigerian transportation sector in 2024 

    The Nigerian transportation sector in 2024 was marked by a mix of progress and setbacks, with key events shaping the landscape across roads, rail, and aviation. From ambitious infrastructure projects and policy shifts to disruptions and controversies, the …

    Source: Nairametrics - Neutral
  • Published on Jan 1, 2025

    Negarit 306: Saving or Shooting?

    Negarit 306 is the final episode for 2024; Happy New Year. As we welcome 2025 though the security situation in the Horn of Africa is as worrying as ever: Eritrea is still in the middle of a precarious situation. And nothing can improve unless the single …

    Source: Awate - Center-left
  • Published on Dec 31, 2024

    Circle Chief Business Officer Explains How Stablecoins Reshape High-Inflation Economies

    In regions that experience significant economic volatility and currency devaluation, stablecoins provide a lifeline. This stability makes them an appealing alternative for individuals and businesses in countries where their wealth is subject to inflation. …

    Source: BeInCrypto - Center-left
  • Published on Dec 31, 2024

    The Biggest News Stories of 2024

    Jan. 1: Earthquake in Japan Shoppers crouch down as an earthquake hit the region at a supermarket in Toyama, Japan January 1, 2024, in this photo released by Kyodo. Mandatory credit Kyodo via REUTERS A New Year’s Day earthquake of 7.6 magnitude strikes an …

    Source: To Vima - Uncategorized
  • Published on Dec 30, 2024

    Russia fails to persuade Saudi Arabia and Turkey to join BRICS

    Open this photo in gallery:Russian President Vladimir Putin greets Azerbaijani President Ilham Aliyev during an official welcoming ceremony for delegations' heads at the BRICS summit in Kazan, Russia Oct. 23.Maxim Shemetov/Reuters Russia, in the …

    Source: The Globe and Mail - Neutral

03 days 20:59:55

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