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TodaySunday, May 03, 2026

Intra-African Trade

In East Africa, the biggest enabler of cross-border banking has been the ease of regional movement, as borders are open for member citizens under the EAC Common Market Protocol on free movement.

Innovative Interventions Ensuring Cross-border Banking keeps pace with growing trade and travel across East Africa

Cross-border banking is an important feature of the global financial system. This explains why banks are expanding beyond their home countries, to follow and accommodate customers, be able to finance cross border
January 30, 2026
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Ethiopian Airlines Chief Commercial Officer, Lemma Yadecha (4th from L) and African Development Bank Group President, Dr. Akinwumi Adesina (4th from R), hold the signed mandate letter designating the Bank as mandated lead arranger for the Bishoftu International Airport in Ethiopia, set to be Africa’s largest airport by 2029.

The $10 Billion Mega-Airport Financing Partnership Between Ethiopian Airlines and African Development Bank Takes Off

Ethiopia’s ambition to build a new international airport that will rival some of the world’s biggest, took off on Monday with a monumental signing ceremony marking the African Development Bank’s role as
August 14, 2025
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Mr. Jeremy Awori, Chief Executive Officer of Ecobank Group (left), and Mr. Mike Ogbalu III, CEO of PAPSS signed the Memorandum of Understanding on June 19, 2023, in Accra, Ghana.

Ecobank Group and the Pan African Payment and Settlement System (PAPSS) partner to enhance cross-border payments across the continent

Ecobank Group, the leading pan-African banking Group, and The Pan African Payment and Settlement System (PAPSS) have signed a Memorandum of Understanding (MoU) to facilitate the settlement of cross-border transactions of the
June 23, 2023
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