This initiative aims to enhance infrastructure, diversify financial products, and strengthen the institutional capacity of ...

Initiatives being launched at the Fourth International Conference on Financing for Development in Sevilla represent only the ...

Ethiopia is advancing debt restructuring negotiations with creditor countries in an effort to secure $3.5 billion in debt relief, Minister of Finance Ahmed Shide told lawmakers on Tuesday.

Ethiopia's broad-based macroeconomic reforms are generating solid results, positioning the country as a rising example of disciplined and inclusive economic transformation, according to National Bank ...

At dawn, EsatuTesfaye hoists two empty jerrycans onto his donkey and begins the 14-kilometer trek to the nearest fuel depot ...

Ethiopia has formally opened its banking sector to international investors for the first time, marking the most major change ...

Ethiopia is in the midst of a historic economic transformation--shaped by bold policy choices, strategic investments, and a firm commitment to sustainable, inclusive growth. Since the launch of its ...

The decision taken by Ethiopia in December to open up its hitherto closed financial sector will have a major impact on the ...

This is seen as part of a wider strategy for opening up more of the economy of one of the world’s fastest-growing countries ...

International banks and investors can apply for a licence to operate in Ethiopia immediately, according to a central bank statement, capping the government's drive to attract more overseas investment ...

China has lent hundreds of billions of dollars for infrastructure and projects in developing countries, but has been ...