Airbus, the Air France-KLM Group, Associated Energy Group LLC, BNP Paribas, Burnham Sterling, Mitsubishi HC Capital Inc. and Qantas Airways Limited co-invested in a Sustainable Aviation Fuel (SAF) financing fund to accelerate…
The Government of Ethiopia today announced liberalization of the forex market, which immediately resulted in about 31 percent devaluation of the country’s currency – Birr against major currencies.
BY YANET FANTAYE WOGAYEHU – The International Monetary Fund (IMF) approved a four-year arrangement under the Extended Credit Facility (ECF) for Ethiopia in an amount equivalent to SDR 2.556 billion (850 percent…
Dozens of finance and foreign ministers met this week to call for radical action to reform the international financial architecture, empower developing countries in international institutions and channel trillions of dollars towards…
The African Union’s development agency, and uniting to combat neglected tropical diseases (NTDs) have signed an historic agreement which will strengthen efforts and mobilize resources to eliminate NTDs across the African continent.
By Xiangchen Zhang – African nations and the world’s least-developed countries (LDCs) have much to gain from the development of new “green” value chains and a global surge in services trade.
With more than 10,000 participants the AIDS 2024, the 25th International AIDS Conference, is opened today in Munich, Germany.
Saudia Group and Lilium N.V. (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today signed a binding sales agreement for 50 Lilium Jets, with options for…
By Anwar Hussen Mohammed – Established a year ago in the Cheha and Enmore bordering districts of Central Ethiopia Region, commercial maize farm by a domestic investor on an area of more…
The Central Bank of United Arab Emirates (CBUAE) and the National Bank of Ethiopia (NBE) sign currency swap agreement and MoUs to promote the use of domestic currencies and interlink their payment…
Animals’ right advocate PETA says the Government of Ethiopia arrested its staff, PETA Asia Senior Vice President Jason Baker, his 11-year-old son, and PETA Foundation U.K. Campaign Leader Reuben Skeats.
The United Nations Development Program (UNDP), the United Nations Economic Commission for Africa (ECA), and the African Development Bank (AfDB), presented today the 2024 Africa Sustainable Development Report (ASDR).
Russia Deputy Foreign Affairs Minister Mr. Mikhail Bogdanove visited Ethiopia on Tuesday and met with officials at the Ministry of Foreign Affairs of Ethiopia.
At the First International Post-COVID Conference held in Toronto, Canada, Ethiopian Airlines received the prestigious Global Recognition and Appreciation Award for its response to COVID-19.