Ethiopia's government has announced plans to finalize a Memorandum of Understanding (MoU) with the Official Creditor Committee (OCC) by April under the G20 Common Framework (CF) for debt treatment.

The economic gap between Africa and the rest of the world is growing … Business as usual will not narrow it, says John McDermott ...

Nigeria joins BRICS as a partner country BRICS acts as a natural counterbalance to the West’s dominance and influence over ...

Seismic upheaval in the Awash Fentale area has uprooted thousands from their homes. It has also raised questions about the ...

Amaha Tefera (PhD) is a unit manager at a branch of the Commercial Bank of Ethiopia (CBE) and a master's level college lecturer. In 2018, he earned a Doctor ...

In 2023 alone, the U.S. government allocated 63 billion dollars in aid to resource-strapped and crisis-hit countries around ...

Standard Chartered Bank 2025 Global Market Outlook highlights key global and regional economic trends. Despite a projected slowdown ...

The country is no longer the most populous without a bourse Ethiopia | AGENCIES | It was a momentous occasion. But the peal of the bell did not initiate a flurry of trading at the Ethiopian Securities ...

The International Monetary Fund has commended the National Bank of Ethiopia (NBE) for implementing reforms that expedited the ...

According to the IMF, Ethiopia has met all the quantitative performance criteria and the functioning of the foreign exchange ...

Ethiopia's total public external and domestic debt stock, including both publicly guaranteed and non-guaranteed debt, increased by 25.3% over the past five years, reaching $68.9 billion by the end of ...

As the calendar rolls to 2025, several African countries are confronted with the long-term ramifications of borrowing from the International Monetary Fund (IMF). ・Business Insider Africa presents the ...