Wednesday, December 13, 2017

Can Nigeria’s Adesina snatch top AfDB job

The African Development Bank (AfDB) may be about to get its first president from its biggest shareholder – Nigeria. Africa’s largest country, which holds 9.3%...

Ethiopia: Court to Hear Witnesses on 5m Br Suit against Xpress Money, Abyssinia Bank

Bank of Abyssinia was sued as a second defendant for posting the pictures in all of its branches across the country The Lideta Federal High...

IMF nations point to exchange rate, geopolitical risks

The International Monetary Fund's member nations on Saturday warned of risks to the global economy from exchange rate shifts and geopolitical tensions as they...

Thirteen Hawalas Closed Down In Kenya

Thirteen hawalas – informal money transfer services – have also been closed down. Hawalas are widely used by Somalis who depend on relatives abroad as...

Islamic Banking Lands In The Heart Of Europe

Despite a significant Muslim population, up to now Germany has been unchartered territory for Islamic banking, whose largest European hub is in London. But...

The impact of Diaspora remittance on the Kenyan economy

Kenyans in the Diaspora are constantly sending money home. It could be for investments, or to support to family members left behind. Sometimes it...

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Paul Pogba says he rejected Real Madrid before Manchester United transfer

Paul Pogba says he was the subject of interest from Real Madrid before he decided to sign for Manchester United. The former Juventus midfielder, who...

Le Monde: Somaliland, the lessons of a ghost country

The former British protectorate (Somaliland), self-proclaimed independence of Somalia in 1991, has not been recognized by any state but tries to consolidate the exercise...

Pentagon foresees at least two more years of combat in Somalia

Amid its escalating campaign of drone strikes in Somalia, the Pentagon has presented the White House with an operational plan that envisions at least...