Private banks in Ethiopia are praising the government's macroeconomic reform agenda, describing it as a turning point in modernizing the financial sector, improving efficiency, and driving inclusive ...

F or the past couple of years much of Addis Ababa, Ethiopia’s capital, was reduced to rubble by demolitions. Now luxury ...

Indian investors have invested over 6.5 billion USD in Ethiopia, generating more than 17,000 jobs, according to India's Ambassador to Ethiopia, Anil Kumar Rai.In an exclusive interview with The ...

As Ethiopia struggles to maintain the tempo of its economic reforms and avoid austerity-induced chaos, the World Bank Group ...

The World Bank’s Board of Executive Directors today approved a $1 billion Development Policy Operation (DPO) to support Ethiopia’s transition toward a more inclusive and private sector–led growth ...

Secretary of State Marco Rubio spoke with Ethiopian Prime Minister Abiy Ahmed today. The Secretary and Prime Minister discussed their shared goals for stability and economic growth in Ethiopia and the ...

Reflecting on the Reform Agenda, the Executive Secretary of the United Nations Economic Commission for Africa (ECA) said Ethiopia’s aspiration to grow from 865 to 2219 GDP per capita was “very ...

As important as all aspects of Ethiopia’s reform agenda are, its economic goals are among the most pressing and consequential. These are the reforms upon which a more prosperous future will be ...

The IMF praised the government for implementing a series of changes including tax reforms and subsidy cuts, but warned of mounting obstacles.

A wave of economic reforms in Ethiopia since Prime Minister Abiy Ahmed came to office nearly a year ago has sparked hope among social businesses struggling to grow under the east African nation's ...

Ethiopia has more people in poverty than any other African country. Central bank governor Mamo Mihretu believes his reform package is part of the answer. Ethiopia’s financial reforms, including its ...

Africa's second most populous country, Ethiopia recorded high rates of economic growth -- often exceeding 10 percent annually -- between 2004 and 2019. Keep Reading Why 2025 airline financial ...