As Ethiopia struggles to maintain the tempo of its economic reforms and avoid austerity-induced chaos, the World Bank Group ...

Under the cooperation agreement signed on July 16, the International Finance Corporation (IFC) will support Becamex IDC in ...

Shares of Tata Investment Corporation surged over 6 per cent in intraday trade on Monday after reports emerged that Tata ...

IFC makes its first-ever equity investment in an EV platform, investing $20 million in Transvolt Mobility to help scale its ...

Impact Investment Exchange (IIX), a pioneer in gender-lens investing, has successfully launched the first tranche of ...

Finance chiefs from the Group of 20 countries stressed the importance of central bank independence while pledging to boost ...

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With swift and strategic action, Ethiopia is well-positioned to emerge as Africa’s premier hub for pharmaceutical exports. A ...

International finance institutions are playing an increasingly pivotal role in Africa’s mining sector, providing essential ...

In Africa, the private sector is widely seen as the main engine of industrialization and plays a central role in the long-term development strategies of governments. However, it remains dominated by ...

The Board of Directors of the African Development Bank Group has approved €173.84 million for the Rwanda Energy Sector Result-Based Financing (RBF II) program to modernize the electricity network, ...

The rise of stablecoins poses new challenges to the global infrastructure for instant payment, clearing and settlement, said the gatekeeper of the world's central banks The worldwide financial system ...