Pressure from U.S. aid freezes and global trade tension is unlikely to result in widescale credit downgrades in Africa, Fitch ...

The World Bank’s private investment arm is backing the rush into digital data in Africa with a $100 million investment in regional data centre developer and operator Raxio Group, funding centres from ...

The Trump administration is planning to send RIFs to all remaining USAID staff in the coming months; WEF founder Klaus Schwab ...

Sudan's army has accused the UAE of arming the Rapid Support Forces, a paramilitary group that has been fighting the armed ...

The Commercial Bank of Ethiopia (CBE) has disbursed over 264 billion Birr in loans to its customers over the past eight ...

Ethiopia has signed a Financing Agreement amounting to 50 Million USD in the form of a Loan from International Development ...

Ethiopia's official creditors expect to finalise within months a draft debt restructuring that gives the government more time ...

Addis Abeba — The National Bank of Ethiopia (NBE) has announced the launch of bi-weekly foreign exchange auctions. According to the central bank's statement, this decision aims to allocate a ...

It will position Ethiopia as a leading technology hub in Africa. A press conference was held at the INSA and EAII Head Office to officially launch ETEX 2025. Dr. Worku Gachena, Director General of ...

in total USD 96.367 million with the World Bank (also acting as Grant Agent for Global Partnership for Education Fund). The agreements will support the Ethiopian government in increasing equitable ...

Ethiopia and Eritrea tensions risk direct conflict Horn of Africa region hit hard by humanitarian strife Factional split in Ethiopia's Tigray region at heart of crisis NAIROBI, March 13 (Reuters ...

ADDIS ABABA, Ethiopia — Ethiopia's parliament on Thursday introduced a new tax for all workers as part of measures to fill the financial gap left by the USAID funding pause. The funds collected ...