Economy

League of Arab States and ITFC announce cooperation towards intra-Arab trade

intra 11The League of Arab States (Economic Affairs Sector) and the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group, have signed a MoU towards accelerating cooperation in the development of intra-Arab trade

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AfDB and MCB to launch African domestic bond fund

Hennessy Park HotelThe African Development Bank (AfDB) and MCB Capital Markets has announced to launch of the African domestic bond fund (ADBF), the first multijurisdictional sovereign fixed income exchange-traded fund on the continent

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Somalia, Eritrea and Ethiopia to hold trilateral talks on economic integration

Mohamed Abdullahi FarmajoThe President of Somalia Mohamed Abdullahi Farmajo is leading efforts to consolidate gains made at the Forum on China-Africa Cooperation by facilitating the prospect of a tripartite agreement on economic Integration between the countries of the Horn

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ECA leads UN efforts for a stable and prosperous Sahel region

sahel 5The UN is revamping its action plan to address the root causes of the complex crisis in Africa’s Sahel region, in particular outlining a development vision for the region through a prospective socio-economic study by its agencies led by the Economic Commission for Africa (ECA)

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Strategic partnerships and investments crucial to Africa’s economic transformation: Adesina

Adesina 3The president of the African Development Bank (AfDB), Akinwumi Adesina, has visited government officials and private and public sector business leaders to discuss the role between the bank and the Dutch government in strengthening Africa’s developmental agenda

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