Ethiopia has taken historic steps to address macroeconomic imbalances while fostering sustainable growth ...

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 ...

WASHINGTON, July 30, 2024 — The World Bank’s Board of Executive Directors approved today the Ethiopia First Sustainable and Inclusive Growth Development Policy Operation. This policy operation ...

The African Development Bank is warning that the rising cost of energy, food and other commodities in several African countries, including Angola, Ethiopia and Kenya, could trigger social unrest.

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 ...

The bank, which is Africa's biggest development lender with $318 billion in capital, also cut its initial 2026 growth ...

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 ...

Addis Ababa, May 29/2024 (ENA)-Ethiopian Delegation led by, Minister of Finance Ahmed Shide is attending African Development Bank Annual Meetings in Nairobi, Kenya. The meeting is underway at the ...

ADDIS ABABA, Jan 19 (Reuters) - The African Development Bank (AfDB) said on Friday that all its international staff would return to Ethiopia a month after it withdrew the employees following an ...

Director of Water Development and Sanitation at the African Development Bank, said: “The Bank’s support is a coordinated response with the Government of Ethiopia to mitigate water, sanitation and ...