At dawn, EsatuTesfaye hoists two empty jerrycans onto his donkey and begins the 14-kilometer trek to the nearest fuel depot ...

Ethiopia’s finance minister has announced that the economy is projected to expand by 8.9 % in the fiscal year beginning 8 July 2025, alongside a modest increase in the budget deficit amid structural ...

Ethiopia has formally opened its banking sector to international investors for the first time, marking the most major change ...

This is seen as part of a wider strategy for opening up more of the economy of one of the world’s fastest-growing countries ...

DODOMA: THE government has assured that the BRICS bloc’s move towards de-dollarisation will not directly impact Tanzania, as ...

International banks and investors can apply for a licence to operate in Ethiopia immediately, according to a central bank statement, capping the government's drive to attract more overseas investment ...

China has lent hundreds of billions of dollars for infrastructure and projects in developing countries, but has been ...

Djibouti has been navigating regional tensions well, with robust growth, moderate inflation, and recovering reserves. In response to global uncertainties and domestic debt challenges, the authorities ...

IMF debt is affecting African nations in 2025, with austerity measures threatening economic stability and social progress in ...

The African Development Bank (AfDB) forecasts Ethiopia’s economy will grow by 7.3 percent in 2025, deviating significantly ...

Gabon disputes CCC rating, cites reforms and April election. • Fitch flags high debt and deficits, despite recent relief steps. • IMF deal eyed for 2026, growth seen slowing to 2.2%. The Gabonese ...

Ethiopia seeks $5B for UN development plan by 2030. • $6.5B deal signed, $1.5B already secured for SDGs and resilience. • Challenges persist despite 8.1% growth and UN support. Ethiopia aims to ...