News

Ethiopia said on Wednesday it had agreed a memorandum of understanding with its Official Creditor Committee that formalises ...
The executive board of the International Monetary Fund has approved the third review of Ethiopia's $3.4 billion loan ...
Ethiopia agreed a memorandum of understanding to restructure its loans with official creditors, formalizing a debt treatment ...
Egypt’s Foreign Minister Badr Abdelatty announced in a televised interview on Sunday that talks with Ethiopia over the Grand ...
The memorandum formalises the debt restructuring agreed in principle in March this year and offers relief of over $3.5 ...
The Kenya Electricity Transmission Company (Ketraco) has doubled the amount of electricity being evacuated from Ethiopia to ...
Gadaa Bank, a domestically owned commercial lender, has become the second company to list on Ethiopia’s nascent stock market ...
Ethiopia has reached a major agreement with Dangote Industries to establish a large-scale fertiliser plant in the Somali ...
Ethiopia is facing energy problems due to crypto mining. This year, crypto mining and data centers are expected to consume a third of the country's ...
International banks and investors can apply for a licence to operate in Ethiopia immediately, according to a central bank statement, capping the government's drive to attract more overseas investment ...
Scientists have detected rhythmic pulses of molten rock rising beneath eastern Africa, threatening to pull the continent ...
Ethiopia has agreed a memorandum of understanding with its Official Creditor Committee that formalises an initial debt ...