News

Ethiopia has started to implement the African Continental Free Trade Area agreement this month, which some see as a ‘landmark ...
The vertical movement of the mantle is one of the driving forces that brings about large-scale geological changes to the ...
Ethiopia said on Friday that it had signed a $1 billion financing agreement with the World Bank to support its economic ...
Ethiopia’s prime minister says the Grand Ethiopian Renaissance Dam on the Nile has been completed. Egypt has long opposed the dam, calling it an existential threat to its water supply.
The Board of Directors of the African Development Bank Group has approved a $50 million Trade Finance Transaction Guarantee facility to support to trade finance activities of Awash Bank S.C. (Awash), ...
A plume of molten rock deep beneath eastern Africa is pulsing upward in rhythmic surges, slowly splitting the continent and ...
The executive board of the International Monetary Fund has approved the third review of Ethiopia's $3.4 billion loan ...
Uganda overtook Ethiopia to become Africa's leading coffee exporter, marking a major milestone for the country's agriculture sector and export economy.According to the latest export figures for May ...
Abiy Ahmed says Ethiopia remains ready and willing to engage constructively with the downstream countries - Egypt and Sudan.
The memorandum formalises the debt restructuring agreed in principle in March this year and offers relief of over $3.5 ...
When Ethiopian Prime Minister Abiy Ahmed received the Nobel Peace Prize in 2019, he was lauded as a regional peacemaker. Now, he is presiding over a protracted civil war that has the potential to ...
Ethiopia, Africa’s second-most populous nation and a regional powerhouse, declared a state of emergency in April to curb the spread of the pandemic. It was lifted in September.