Ethiopia may need to decide on a big currency devaluation soon to get a rescue loan from the International Monetary Fund (IMF). In December, East Africa’s...
Over the past week, there were many important stories from around the African continent, and we served you some of the most topical ones. Here is...
According to the finance ministry on Friday, Ethiopia and the World Bank have inked loan agreements worth a combined $1.72 billion to improve the country’s water...
Amid a disagreement over Ethiopia’s proposal to construct a naval station in the breakaway territory of Somaliland, Somalia said on Thursday that it was recalling its...
The Islamic Development Bank Institute (IsDBI) has rounded off an Islamic banking capacity-building programme for the Ethiopian banking sector, Vice Governor of the National Bank of...
The International Finance Corporation (IFC) has partnered with the Zemen Bank of Ethiopia to strengthen trade financing in the country. The deal, according to Ato Dereje,...
Ethiopia claims that a French journalist who came to cover the last African Union (AU) Assembly conference is being held in detention for violating his rules...
Ethiopia’s leading private financial institution, Awash Bank S.C, has partnered with global payments company, Mastercard, to launch the Awash international prepaid cards. Yohannes Merga, Senior Chief,...
A state of emergency imposed in August to combat an insurgency in the northern Amhara region that has claimed hundreds of lives and sparked allegations of...
The president of Egypt, Abdel Fattah al-Sisi, has declared that his country would not tolerate any threat against Somalia, following Ethiopia’s announcement that it would take...