Ethiopia, France to ink 100 million euros loan, grant deal
Supporting the ongoing economic reform in Ethiopia, the French Agency for Development (AFD) is set to provide 100…
Economy
World Bank allocates $350 million for pastoralists in Ethiopia
The World Bank provides $350 million loan and grant to the government of Ethiopia’s effort to improve the…
European Union offcials visit Ethiopia
A delegation of European Union (EU) visit Ethiopia this week with the aim of bring European Economic and…
U.S. State Department hosts Ethiopia partnership forum
The U.S. Department of State hosted the “Ethiopia Partnership Forum”, an economic engagement platform organized in by the…
U.S. assists 100 civil societies in Ethiopia
The United States marked the completion of its five-year Local Capacity Development project that invested in helping over…
World Bank President visits Ethiopia
The President of the World Bank Group (WBG), David Malpass, who met Ethiopian government officials in Addis Ababa,…
70 Ethiopian migrants die traveling to Yemen
A small boat accident in the Red Sea on Saturday night caused the death of 70 Ethiopians migrants…
Ivanka Trump arrives Ethiopia for two days visit
White House Advisor to the U.S. President, Ivanka Trump, arrived in Addis Ababa, Ethiopia today, April 14, for…
UN report points how African governments boost revenue
A new report by the UN Economic Commission for Africa (UNECA) points out how Africa government can boost…
Ethiopia’s reforms aim boosting private sector participation
The multifaceted reforms Ethiopia has been undertaking for the past several months aim to broaden the participation of…
United States helps Ethiopia build disaster response capacity
Assisted by the United States Government, Ethiopia’s National Disaster Risk Management Center (NDRMC) conducted a natural disaster simulation…
Millennium Challenge Corporation officials visit Ethiopia
The officials of U.S. Government’s Millennium Challenge Corporation (MCC) visited Ethiopia this week.
Ethiopia to turn least developed regions into economic engines
Ethiopian government is set to turn the least developed regions of the country into centers of economic engines,…
Towards Singapore of Bab el Mandeb
BY ANDUALEM SISAY GESSESSE – Following the recent restoration of ties between Ethiopia and Eritrea, many speculated that…
Ethiopia gets over $3 billion external financing
The government has secured 85.629 billion birr (around $3.1 billion) external financing in the first six months of…
Ethiopia focuses on irrigation, tourism to cut unemployment
To address the serious challenge of unemployment, Ethiopia government will focus of the development of irrigation and tourism,…
Marrakech set to host African Economy ministers
The UN Economic Commission for Africa’s (ECA) Conference of African Ministers of Finance, Planning and Economic Development is…
What makes IMF optimistic about Ethiopian economy
Last month the International Monetary Fund (IMF) has reflected its opinion on the past, current and future of…
Ethiopia to host 2020 World Economic Forum
Prime Minister of Ethiopia Abiy Ahmed has expressed his government’s interest to the 2020 World Economic Forum.
Why Ethiopia retains developmental state model but changes tactics
Though the Government of Ethiopia is likely to continue its developmental state model, the country is signaling tactic…
Report finds 36 million poverty hit children in Ethiopia
An estimated 36 million of a total population of 41 million children under the age of 18 in…
AfDB, ICRC agree to build resilience of Africa’s transition countries
The African Development Bank Group (AfDB) and the International Committee of the Red Cross (ICRC) agree to accelerate…
Half of worlds poor live in 5 countries including Ethiopia
A new World Bank report reveals that out of the world’s 736 million extreme poor in 2015, 368…
Saudi to pay $266 minimum salary to Ethiopian maids
The governments of Saudi Arabia and Ethiopia have have reportedely reached consensus to make the minimum monthly salary…
Morocco secures $2.97 billion from IMF
The Executive Board of the International Monetary Fund (IMF) approved a two-year arrangement for Morocco under the Precautionary…
UNECA celebrates 60th anniversary in Ethiopia
The United Nations Economic Commission for Africa (UNECA) on Monday celebrates its 60th anniversary in Addis Ababa, Ethiopia.
Economic integration reduces multidimensional poverty in Africa
Economic integration is a game-changing reality and African countries must fully embrace it to achieve sustainable inclusive development…
Africa’s accelerated economic growth comes to an end
Africa’s “easy decade” of accelerated economic growth is coming to an end, and only accelerated job creation and…
Sierra Leone secures $172 million from IMF
The Executive Board of the International Monetary Fund (IMF) on Friday approved a new 43 months arrangement for…
Blue economy at center of Nairobi conference
The two-day event kicks off today with focus on the priorities and challenges of establishing a sustainable blue…