The Government of Ethiopia today announced liberalization of the forex market, which immediately resulted in about 31 percent devaluation of…
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IMF approves $3.4 billion for Ethiopia
BY YANET FANTAYE WOGAYEHU – The International Monetary Fund (IMF) approved a four-year arrangement under the Extended Credit Facility (ECF)…
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African ministers call for international financial system remaking
Dozens of finance and foreign ministers met this week to call for radical action to reform the international financial architecture,…
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AU to combat neglected tropical diseases in Africa
The African Union’s development agency, and uniting to combat neglected tropical diseases (NTDs) have signed an historic agreement which will…
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How services trade, green transition benefit everyone
By Xiangchen Zhang – African nations and the world’s least-developed countries (LDCs) have much to gain from the development of…
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World International AIDS Conference opens in Germany
With more than 10,000 participants the AIDS 2024, the 25th International AIDS Conference, is opened today in Munich, Germany.
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Saudia Group agrees with Lilium to acquire 100 eVTOL Jets
Saudia Group and Lilium N.V. (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today…
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Domestic investor launches commercial farm in Central Ethiopia
By Anwar Hussen Mohammed – Established a year ago in the Cheha and Enmore bordering districts of Central Ethiopia Region,…
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Ethiopia, UAE ink currency swap agreement
The Central Bank of United Arab Emirates (CBUAE) and the National Bank of Ethiopia (NBE) sign currency swap agreement and…
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Animals’ right advocate PETA says Ethiopia arrests its staff
Animals’ right advocate PETA says the Government of Ethiopia arrested its staff, PETA Asia Senior Vice President Jason Baker, his…
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Africa sustainable development report launched in New York
The United Nations Development Program (UNDP), the United Nations Economic Commission for Africa (ECA), and the African Development Bank (AfDB),…
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Russia deputy foreign affairs minister visits Ethiopia
Russia Deputy Foreign Affairs Minister Mr. Mikhail Bogdanove visited Ethiopia on Tuesday and met with officials at the Ministry of…
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