Ethiopia said on Wednesday it had agreed a memorandum of understanding with its Official Creditor Committee that formalises ...

On the first trading day of July, the naira strengthened against the dollar in parallel and official market, supported by ...

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

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

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

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.

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

Ethiopia's broad-based macroeconomic reforms are generating solid results, positioning the country as a rising example of disciplined and inclusive economic transformation, according to National Bank ...

The Governor of the National Bank of Ethiopia (NBE) says mismanagement at commercial banks is fueling the gap between official and parallel forex exchange ...

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