economy
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in Short
Ethiopia : Commercial Bank of Ethiopia exceeds $24.5 billion in deposits
The Commercial Bank of Ethiopia (CBE) has reached a historic milestone, surpassing 1.4 trillion birr ($24.5 billion) in total deposits,…
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in Short
Algeria : Tosyali exports 54,000 tons of steel to Italy and Turkey
Tosyali Algeria’s steel complex in Bethioua has recently exported 54,000 tons of steel plates to Italy and Turkey. This move…
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in Short
Togo : 27.5 billion FCFA raised on UMOA market
On February 7, 2025, Togo raised 27.5 billion FCFA ($44 million) on the UMOA financial market through a 91-day Treasury…
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News
AI Action Summit : a call for clear rules and inclusive governance
By Bylkiss Mentari, in Paris « Let’s move forward together toward AI shaped by and for all of humanity. » This was…
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in Short
Kenya : foreign reserves reach $9.22 billion
Kenya’s foreign reserves rose to $9.22 billion last week, up $324 million from the previous week, according to the Central…
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in Short
Country risk barometer : Coface downgraded Botswana
In its February 3 country risk barometer, Coface downgraded Botswana, hit by the diamond market decline, while Bangladesh and the…
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in Short
Cameroon : IMF grants $118 million
The IMF has approved $118.6 million in funding for Cameroon to support its balance of payments, rebuild CEMAC’s foreign exchange…
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in Short
Nigeria : new partner in BRICS bloc
On January 18, 2025, the Brazilian government announced Nigeria’s accession as a partner in the BRICS group, just before Brazil…
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News
ANA celebrates its 10th anniversary in Kigali : reflecting on a decade of impact and looking ahead to the future!
2015-2025. A decade has passed since the creation of Africa News Agency (ANA), which has become a pivotal force in…
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in Short
Intra-African Trade : drops to $190.9 billion in 2023
According to Afreximbank, intra-African trade fell to $190.9 billion in 2023, accounting for 14.4% of total African trade, down from 14.7%…
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