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NBE modifies freight payments rules for the ESLSE to receive half of the freight fees in ETB.

NBE modifies freight payments rules for the ESLSE to receive half of the freight fees in ETB.

by AllureAdmin | Apr 1, 2022 | Business

The National Bank of Ethiopia modifies freight payments rules for the Ethiopian Shipping and Logistic Services Enterprise to receive half of the freight fees in ETB at the end of each month. Currently, commercial banks cannot pay the 7.8 billion ETB (150 million USD)...
Angola’s Kwanza is the world’s best-performing currency against the United States Dollar.

Angola’s Kwanza is the world’s best-performing currency against the United States Dollar.

by AllureAdmin | Mar 17, 2022 | African News

Angola is Africa’s second-largest petroleum producer, and its economy relies on oil for 90% of export revenue. Kwanza increased by 20% due to the rising oil prices, interest rates, and multiple credit-rating improvements. This made it the best performing...

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