Ethiopia is advancing debt restructuring negotiations with creditor countries in an effort to secure $3.5 billion in debt relief, Minister of Finance Ahmed Shide told lawmakers on Tuesday.

The African Development Bank (AfDB) forecasts Ethiopia’s economy will grow by 7.3 percent in 2025, deviating significantly ...

At dawn, EsatuTesfaye hoists two empty jerrycans onto his donkey and begins the 14-kilometer trek to the nearest fuel depot ...

Initiatives being launched at the Fourth International Conference on Financing for Development in Sevilla represent only the ...

BRICS includes five major emerging economies from various continents. Prime Minister Narendra Modi will soon speak at his next important summit.

Ethiopia is in the midst of a historic economic transformation--shaped by bold policy choices, strategic investments, and a firm commitment to sustainable, inclusive growth. Since the launch of its ...

This is seen as part of a wider strategy for opening up more of the economy of one of the world’s fastest-growing countries ...

The naira appreciated against the dollar across the foreign exchange (FX) markets on Tuesday, the first trading day of July ...

Their classification as partner nations allows them to participate in the 2025 BRICS Summit holding from July 6-7 in Rio de ...

Djibouti has been navigating regional tensions well, with robust growth, moderate inflation, and recovering reserves. In response to global uncertainties and domestic debt challenges, the authorities ...

Once approved by the IMF's Executive Board, Ethiopia will gain access to another $260 million in financing. "The (Ethiopian) authorities' policy actions in the first year of the programme have.