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economy

African leaders press for fast SDGs implementation – etbaba.com

The Eleventh Session of the Africa Regional Forum on Sustainable Development (ARFSD-11) kicked off in Kampala, Uganda, with a powerful call to action on bold leadership and decisive policies that drive jobs, inclusive growth, science and evidence-based solutions. President Kaguta Yoweri Museveni, host of the ARFSD 11 stressed the need for Africa to stop exporting …

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Djibouti Forum calls for collaboration amidst global turbulence – etbaba.com

Global turbulence, much of it self-inflicted, dominated discussions at the second edition of the Djibouti Forum. Nonetheless, business leaders appeared relatively optimistic, and this wakeup call may turn out to be a good omen for the continent. This year’s Djibouti Forum convened over 150 international guests from 51 countries, including institutional investors overseeing more than …

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Africa urged to ratify free movement of persons protocol – etbaba.com

Government officials, migration experts, diaspora representatives, private sector actors, civil society, and youth leaders gathered in Mombasa this week to press for concrete progress on ratifying the African Union’s Free Movement of Persons Protocol. The two-day meeting, jointly convened by the UN Economic Commission for Africa (ECA) and the African Union Commission (AUC), brought together …

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AfDB intends to finance Ethiopia’s new airport construction – etbaba.com

The African Development Bank (AfDB) and Ethiopian Airlines Group have signed a Letter of Intent for the development of the East African nation’s planned Abusera International Airport Project, AfDB said without mentioning how much it plans provide for the construction. The MOU was signed and shared on social media five days ago even though the …

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Africa needs to leverage natural resources, growing population – etbaba.com

Africa needs to find ways to better leverage its strengths, such as its young and growing population and its wealth of natural resources, to enable it to better offset the challenges presented by global headwinds. As well as concerns about increasing trade restrictions and supply chain disruptions globally, Africa faces a raft of internal challenges …

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African experts advised to redefine prosperous future – etbaba.com

Ahead of the 2025 Conference of Ministers, a three-day meeting of Experts closed with the Economic Commission for Africa’s Deputy Executive Secretary (Programs) and Chief Economist Hanan Morsy calling for African countries to make a concerted effort to shape a more prosperous future for the continent. “We stand at a crossroads,” Morsy said, highlighting the …

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Conference to explore international debt management – etbaba.com

An international conference scheduled next week in Geneva is set to explore the drivers of the current debt-driven development crisis, and how to improve resilience and risk management amid growing global uncertainties. Governments are grappling with soaring debt costs that are squeezing public finances and stalling development. As the world heads toward the 4th International …

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Focus on domestic resource mobilization, inflation – IMF told Africa – etbaba.com

By Andualem Sisay Gessesse, Washington DC – In the face of cost of borrowing increasing and official development assistance declining, the International Monetary Fund (IMF) advices Sub-Saharan African countries to make the right policy choices including domestic resource mobilization and reducing inflation. This is indicated today Abebe Aemro Selassie African Department Director at IMF who …

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