News

Ethiopia has started to implement the African Continental Free Trade Area agreement this month, which some see as a ‘landmark ...
Ethiopia said on Friday that it had signed a $1 billion financing agreement with the World Bank to support its economic ...
The vertical movement of the mantle is one of the driving forces that brings about large-scale geological changes to the ...
The Board of Directors of the African Development Bank Group has approved a $50 million Trade Finance Transaction Guarantee facility to support to trade finance activities of Awash Bank S.C. (Awash), ...
A plume of molten rock deep beneath eastern Africa is pulsing upward in rhythmic surges, slowly splitting the continent and ...
Uganda overtook Ethiopia to become Africa's leading coffee exporter, marking a major milestone for the country's agriculture sector and export economy.According to the latest export figures for May ...
Ethiopia's Prime Minister Abiy Ahmed said a multi-billion-dollar mega-dam on the Blue Nile that has long worried neighbouring ...
The memorandum formalises the debt restructuring agreed in principle in March this year and offers relief of over $3.5 ...
LONDON, Dec 26 (Reuters) - Ethiopia became Africa's third default in as many years on Tuesday after it failed to make a $33 million "coupon" payment on its only international government bond.
When Ethiopian Prime Minister Abiy Ahmed received the Nobel Peace Prize in 2019, he was lauded as a regional peacemaker. Now, he is presiding over a protracted civil war that has the potential to ...
Ethiopia planted more than 353 million trees in 12 hours on Monday, which officials believe is a world record.. The burst of tree planting was part of a wider reforestation campaign named “Green ...
Ethiopia, Africa’s second-most populous nation and a regional powerhouse, declared a state of emergency in April to curb the spread of the pandemic. It was lifted in September.