Egypt: Interest Rate Cut

Ethiopia: The AfDB and Dashen Bank have signed a $40m trade finance transaction guarantee facility designed to strengthen Dashen Bank's ability to support Ethiopia's vital import and export sectors.Under the agreement, the AfDB will provide guarantees of up to 100% to confirming banks against non-payment risks associated with letters of credit and other trade finance instruments issued by Dashen Bank.The facility targets small and medium-sized enterprises (SMEs) and local corporates involved in the import of essential goods, aligning with broader