The African Development Bank will launch the 2019 edition of its flagship African Economic Outlook (AEO) report on Thursday, January 17, 2019, at its headquarters in Abidjan.

This year’s flagship publication is themed: “Regional Integration for Africa’s Economic Prosperity.”

The annual African Economic Outlook highlights economic prospects and projections"...

Khartoum-Banks Union Chairman Abass Abdallah Abass has affirmed non-existence of liquidity crisis saying that there is an increase of transactions of banks customers with

banks leading to a rise of banks deposits and an increase of banks financing from 102 billion Sudanese pounds up to 150 billion Sudanese pounds per day.
He said they increased the capacity of clearing on a daily basis for covering checks noting that the segment of salary"...

Khartoum, Jan. 1 (SUNA) – The Central Bank of Sudan's policies for 2019 aim to achieve monetary and financial stability for achieving sustainable growth by restraining inflation and reaching an annual rate of 27.1% to contribute to achieving a real GDP growth rate of 5.1%.

At a press conference held Tuesday at SUNA, the Governor of the Central Bank of Sudan, Dr. Mohamed Khair Al-Zubair, reviewed the banking policies of the Bank in the"...

IFC (International Finance Corporation) CEO has signed accords with the National Bank of Ethiopia (NBE) to expand trade and local currency financing as part of broad-based private sector support in Ethiopia.

Last week, IFC entered into a multi-year partnership with the NBE to further develop Ethiopia's nascent credit reporting system. The new agreements were signed during a six-day official visit to the country by IFC CEO Philippe Le Houérou.

The Central Bank of Sudan issued a decision to set the limit of cash withdrawals by bank cards at ATMs at SDG 20,000 ($421*) per month.

The Bank issued a statement about the decision, saying that within the framework of the cash withdrawal arrangements from ATMs, it was decided to set the monthly ceiling of the amount of cash withdrawals by bank card for SDG 20,000.

The"...