By Bill Blackie – The configuration of Standard Bank’s recently established Business & Commercial Clients (BCC) division heralds the formation…
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Ethiopia spent one billion USD for fertilizers import
The Government of Ethiopia has spent one billion US dollars for importing fertilizers during the current budget year, said the…
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World Bank approves $300 million grant to Ethiopia
To help Ethiopia address these challenges, the World Bank has approved a $300 million International Development Association (IDA) grant for…
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US special envoy to arrive Ethiopia today
The Special Envoy for the Horn of Africa David Satterfield and Deputy Special Envoy Payton Knopf will arrive in Ethiopia…
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Debt financing makes difficult Africa’s recovery from COVID-19
The crippling cost of debt financing for many developing countries has hamstrung their recovery from the COVID-19 pandemic, forced cutbacks…
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IMF advises international tax coordination curb carbon emissions
World Economic Outlook report released today by the International Monetary Fund (IMF), calls for international tax coordination curb carbon emissions…
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Ethio Telecom appoints five exclusive Internet resellers
Ethio Telecom on Monday signed a three-year exclusive contractual agreement with five companies to resell its Internet service for the…
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Drought displaces 745,000 people in Somalia
Three-quarters of a million people have now been forced from their homes by worsening drought in Somalia. With famine looming,…
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African Development Bank, African Union signed capacity building deal
African Union Commission and African Development Bank on Monday signed the protocol of agreement for the African Union Institutional Capacity…
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Ethiopian Airlines resumes flights to Bengaluru, India
Ethiopian Airlines, Africa’s best airline and the largest aviation group in Africa, has announced the resumption of thrice weekly passenger…
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Accra set to host next African Development Bank annual meeting
Ghana is set to host the African Development Bank Group’s 2022 Annual Meetings from 23-27 May in its capital, Accra,…
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Ethiopia conflict causes 10 percent decline in school enrolment
The ongoing conflict and war in the northern part of Ethiopia has led to 9.8 percent decline in primary and…
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