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.

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

Governor of the National Bank of Ethiopia (NBE), Mamo Mihretu, stated that the nation’s inclusive macroeconomic reform ...

Ethiopia’s finance minister has announced that the economy is projected to expand by 8.9 % in the fiscal year beginning 8 July 2025, alongside a modest increase in the budget deficit amid structural ...

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

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 ...