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    15-May-2017 to 10:57

    Egypt, Sudan, Ethiopia hold talks on impact of Ethiopian Grand Renaissance Dam

    APA-Addis Ababa (Ethiopia) — Experts from Egypt, Sudan and Ethiopia are holding talks in Addis Ababa with representatives from foreign consultancy firms to discuss an initial report by the firms on the effect of the Ethiopian Grand Renaissance Dam (GERD) on downstream countries namely Egypt and Sudan, Egypt's irrigation ministry said.

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    15-May-2017 to 10:32

    Botswana exploring ways to keep national airline in business

    APA-Gaborone (Botswana) — The Botswana government is exploring ways of mitigating the operational woes faced by Air Botswana while keeping it running as a national flag-carrier and a key economic enabler in the transport and communications sector, APA learnt here Monday.

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    14-May-2017 to 16:21

    Foreign firms eye more stakes in Mozambique's lending bank

    APA-Maputo (Mozambique) — South Africa's banking group Barclays Africa and French firm Société Générale are two of the main players interested in buying a majority stake in Mozambique's fourth largest lending bank, Moza after it was placed under emergency administration by the country's central bank, APA can report on Sunday.

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    14-May-2017 to 16:10

    Ethiopia’s banking giant collects $15b in deposits

    APA-Addis Ababa (Ethiopia) — The Commercial Bank of Ethiopia (CBE) said its total deposit has reached over $15 billion, up by 17 percent from last year’s $12.5 billion.

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    14-May-2017 to 15:05

    Ethiopia joins Asian Infrastructure Investment Bank

    APA-Addis Ababa (Ethiopia) — Ethiopia has become a full-fledged member of the Asian Infrastructure Investment Bank (AIIB) after a two-year wait following its application to join.

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    14-May-2017 to 12:59

    Africa hit record 277 million mobile accounts in 2016 - official

    APA-Maputo (Mozambique) — The Governor of Mozambique's Central bank, Rogério Zandamela has said the African continent reached a record 277 million accounts on various mobile phone network platforms, accounting for 55 percent of total mobile accounts worldwide.

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    13-May-2017 to 14:36

    Sudan inflation continues to rise

    APA-Khartoum (Sudan) — Sudan's Central Bureau of Statistics (CBoS) has reported that inflation continues to rise, reaching 34,81 percent in April from 34,68 percent in March.

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