Experts at the World Bank predict the Ethiopian economy will expand by 7.2 percent in 2025/6, attributing their forecast for a “still-robust” growth to ...
The International Monetary Fund (IMF) has approved the immediate release of US$261 million to Ethiopia under its Extended Credit Facility (ECF), following the completion of the fourth review of the ...
To balance falling inflation with surging liquidity, the National Bank of Ethiopia is tightening credit controls and ...
ADDIS ABABA, Ethiopia (AP) — Ethiopia’s currency lost 30% of its value Tuesday, the day after the central bank began implementing a flexible exchange rate policy backed by the International Monetary ...
Addis Ababa, January 26, 2025 (POA)—Ethiopia's comprehensive macroeconomic reform has provided a swift relief to the economy by increasing foreign exchange reserves and exports, senior economists told ...
Ethiopia’s leader loves big projects. With a contentious megadam completed on the Nile, Prime Minister Abiy Ahmed now plans Africa’s largest airport and a nuclear power plant. But the landlocked ...
NAIROBI, Kenya (AP) — Once home to one of Africa’s fastest-growing economies, Ethiopia is struggling as the war in its Tigray region has reignited and weary citizens far from the front are pleading ...
Addis Ababa, January 8, 2026 (ENA)—The Ethiopian Space Science and Geospatial Institute (SSGI) has announced that satellite ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. ADDIS ABABA, Ethiopia (AP) — Ethiopia’s ...