The official opening ceremony of the Eid-to-Eid Great Ethiopian Homecoming is underway in Addis Ababa, Ethiopia, at Friendship park in…
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Ethiopia reports 34.7 inflation in March 2022
In March 2022, the year-on-year general inflation rate in Ethiopia increased to 34.7 percent, after reaching 33.6 percent in 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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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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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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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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Africa progresses in addressing gender discriminatory law
Benin, Djibouti, Somalia, Zimbabwe and Liberia show the countries have successfully put national policies in place to advance gender equality,…
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Ethiopian delegation attends Doha Forum in Qatar
The 20th Doha Forum is taking place in Qatar in attendance of CEOs and leaders of many countries, including delegation…
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African Development Bank allocates $2.8 billion for South Africa
African Development Bank Group President Dr. Akinwumi A. Adesina has pledged his institution’s support for South Africa, announcing a $2.8…
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Global partners launch Alliance for Entrepreneurship in Africa
To support a stronger private sector, entrepreneurship and the growth of small and medium-sized businesses across Africa, African, European, multilateral…
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Ethiopia economy set to grow 8.7 percent this year
The Government of Ethiopia forecasted 8.7 percent economic growth for the current Ethiopia’s budget year started July 8, 2021.
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Africa recommitted to achieving Sustainable Development Goals
African countries recommitted to achieving Sustainable Development Goals (SDGs) by building better through investing in green growth to unlock the…
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Korea agency provides $20 million grant to Ethiopia
Korea’s international development agency known as KOICA has agreed to provide $20 million grant to Ethiopia in support of the…
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Ethiopia set to host African youth summit
Ethiopia is set to host the 4th African Youth Sustainable Development Goals (SDGs) Summit scheduled to take place from 09-11…
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