AU COMMISSION CHAIRPERSON ARRIVES IN BAMAKO TO REVIVE DIALOGUE WITH MALI. (PHOTO).

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 AU Commission Chairperson Arrives in Bamako to Revive Dialogue With Mali Mahmoud Ali Youssouf arrived for a two-day official visit, according to an AU statement. He was welcomed by Mali’s Foreign Minister Abdoulaye Diop and is also expected to meet with President Assimi Goïta, it said, Sputnik reported. The visit comes as Mali remains suspended from AU activities since June 2021. The AU has reaffirmed its support for Mali’s sovereignty and territorial integrity while proposing increased assistance to the security sector.
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ETHIOPIA: U. S. TREASURY DEPUTY ASSISTANT SECRETARY MEETS NATIONAL BANK GOVERNOR. (PHOTOS).

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 Ethiopia: US Treasury Deputy Assistant Secretary meets National Bank Governor 


Eric Meyer, US Treasury Deputy Assistant Secretary, met today with National Bank of Ethiopia (NBE) Governor, Mamo Mihretu, “to discuss recent macroeconomic developments and the central bank’s ongoing monetary and financial sector reforms,” NBE said. 


Assistant Secretary Meyer’s visit comes amid the ongoing unprecedented microeconomic reforms under the auspices of NEB that was announced on 29 July. 


The sweeping change has since led to a dramatic rise in prices for a range of consumer goods, prompting a crackdown by authorities both in the capital Addis Abeba and outside on businesses accused of “hoarding” and “artificial price hikes.”


On Wednesday this week, NBE held the first of its kind Special Forex Auction in which 27 commercial banks took part with the weighted average of successful bids ending at 107.9 birr per US dollar. 


In addition to the ongoing microeconomic changes, Governor Mamo and Assistant Secretary Meyer “also explored ways to deepen the long-standing bilateral trade and investment relations between the two countries,” NBE further said. 


They were joined by US Ambassador to Ethiopia, Ervin Massinga.

One more photo below. 


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