The Board of Directors of the African Development Bank has approved an investment of $100 million in the industrial platform developer and operator Arise Integrated Industrial Platforms Ltd (Arise IIP ...

The New Development Bank (NDB) has three African member countries - South Africa, Egypt, and Algeria - with Ethiopia set to join soon. These members reflect the bank's growing influence in ...

The African Development Bank ( ) and Ethiopian Airlines Group have signed a Letter of Intent for the development of the East African nation's planned Abusera International Airport Project.

The African Development Bank Group and the government of Ethiopia, in partnership with the Netherlands, fertilizer company OCP-Africa, and the Global Center on Adaptation (GCA), have launched an ...

Ethiopia and the International Monetary Fund have reached a staff-level agreement on the third review of the country’s $3.4 billion loan programme from the ...

The Mauritanian beat four other candidates after three rounds of voting. He becomes the 9th president of the pan-African ...

The firms include Ethiopian Electric Power, Ethiopian Railway Corp. and the Development Bank of Ethiopia, which serves as a policy bank. The companies oversee mega infrastructure projects such as ...

Wegagen Capital Investment Bank S.C. has officially launched operations, becoming Ethiopia’s first private investment bank ...

The African Development Bank (AfDB) has announced that it has signed a letter of intent (LoI) with the Ethiopian Airlines Group for the financing of the new $7.8-billion Abusera International ...

LONDON, Dec 23 (Reuters) - Some World Bank staff have criticised an assessment of Ethiopia's finances conducted ... IMF and staff of the International Development Association (IDA), the World ...