For over one year both food and non-food inflation in Ethiopia continue to register double digit with 12.6 percent general…
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Ethiopia’s foreign currency reserve increases to $3.2 billion
The foreign reserve of Ethiopia which has been depleting for many years, has now improved and reached 3.2 billion.
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Ethiopia’s debt surpasses $52 billion
Ethiopian government total debt from foreign and local lenders surpasses $52.3 billion, the Ministry of Finance of Ethiopia said.
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Ethiopia approves $13.5 billion budget for next year
The Council of Ministers of Ethiopia on Saturday announced 387 billion birr (around $13.5 billion) national budget for the next…
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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 million euros…
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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 livelihoods of…
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European Union offcials visit Ethiopia
A delegation of European Union (EU) visit Ethiopia this week with the aim of bring European Economic and Social Committee…
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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 Secretary of…
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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 100 local…
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World Bank President visits Ethiopia
The President of the World Bank Group (WBG), David Malpass, who met Ethiopian government officials in Addis Ababa, expressed his…
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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 heading to…
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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 a two-day…
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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 their revenue…
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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 the private…
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