The African Development Bank Group’s 2025 Annual Meetings closed on Friday with a plenary session, following five days of meetings and discussions on Africa’s development landscape. The meetings also ...

An innovative initiative to expand vision care in rural Ethiopia aims to transform the lives of millions of people who ...

A staff team from the International Monetary Fund (IMF) led by Mr. Alvaro Piris, visited Addis Ababa from April 3 to 17, 2025, to discuss the 2025 Article IV consultation and the third review under ...

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 lender, the Fund said on Friday.

The African Development Bank’s ongoing Annual Meetings offered an opportunity to assess its partnership with Italy under the Mattei plan, which aims to boost trade and economic development across the ...

As bilateral aid from donor countries such as the United States and the United Kingdom dries up, eyes are turning to ...

Ethiopia has taken historic steps to address macroeconomic imbalances while fostering sustainable growth, according to the IMF. Over the past year, Ethiopia—Africa’s second most populous nation, has ...

ABIDJAN, Ivory Coast -- The African Development Bank elected Mauritanian economist Sidi Ould Tah as its next president on ...

Mauritania's former economy minister Sidi Ould Tah was on Thursday elected to succeed Nigeria's Akinwumi Adesina as president ...

The African Development Bank forecasts mixed performance for African currencies in 2025, with the naira and cedi expected to ...

The African Development Bank (AfDB) Group is implementing a $6 billion investment plan to transform Africa’s healthcare ...

Kenya is notably absent from the list of Africa’s fastest-growing economies in 2025. The country faces considerable ...