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The official opening ceremony of the Eid-to-Eid Great Ethiopian Homecoming is underway in Addis Ababa, Ethiopia, at Friendship park in the presence of leaders of high-level government and religious institutions.
In March 2022, the year-on-year general inflation rate in Ethiopia increased to 34.7 percent, after reaching 33.6 percent in the previous month.
To help Ethiopia address these challenges, the World Bank has approved a $300 million International Development Association (IDA) grant for the Response-Recovery-Resilience for Conflict-Affected Communities in Ethiopia Project.
The crippling cost of debt financing for many developing countries has hamstrung their recovery from the COVID-19 pandemic, forced cutbacks in development spending, and constrained their ability to respond to further shocks,…
African Union Commission and African Development Bank on Monday signed the protocol of agreement for the African Union Institutional Capacity Building Project in Addis Ababa, Ethiopia.
Ghana is set to host the African Development Bank Group’s 2022 Annual Meetings from 23-27 May in its capital, Accra, AfDB said.
Benin, Djibouti, Somalia, Zimbabwe and Liberia show the countries have successfully put national policies in place to advance gender equality, according to a new report by African Development Bank.
The 20th Doha Forum is taking place in Qatar in attendance of CEOs and leaders of many countries, including delegation from Ethiopia led by Deputy Prime Minister and Foreign affairs Minister of…
African Development Bank Group President Dr. Akinwumi A. Adesina has pledged his institution’s support for South Africa, announcing a $2.8 billion package for the country over the next five years.
To support a stronger private sector, entrepreneurship and the growth of small and medium-sized businesses across Africa, African, European, multilateral and bilateral partners today launched the Alliance for Entrepreneurship in Africa (AforE).
The Government of Ethiopia forecasted 8.7 percent economic growth for the current Ethiopia’s budget year started July 8, 2021.
African countries recommitted to achieving Sustainable Development Goals (SDGs) by building better through investing in green growth to unlock the continent’s development opportunities.
Korea’s international development agency known as KOICA has agreed to provide $20 million grant to Ethiopia in support of the east African country’s effort to achieve sustainable development.
Ethiopia is set to host the 4th African Youth Sustainable Development Goals (SDGs) Summit scheduled to take place from 09-11 March 2022 at the UN Economic Commission for Africa in the capital…