Ethiopia's economic reforms are "tough" but will bring "tremendous rewards", said International Monetary Fund (IMF) head ...

"I am confident that this country (Ethiopia) will grow economically and it will grow in terms of its significance for the neighborhood and the whole continent of Africa," International Monetary Fund ...

Ethiopia is in the "final stages" of negotiations with its creditors in an ongoing plan to restructure its debt, its finance ...

ADDIS ABABA, Feb. 9 (Xinhua) -- International Monetary Fund (IMF) Managing Director Kristalina Georgieva has praised Ethiopia's "strong progress" in its homegrown economic reform program.

In July last year, the IMF approved a 48-month Extended Credit Facility (ECF) for Ethiopia, at about $3.4 billion to support Ethiopia's Homegrown Economic Reform Agenda, with the aim of addressing ...

The prayer session will be attended by clergy, top ODM officials, and guests before Raila departs for Addis Ababa. Raila concluded his continental campaign last week and is in retreat ahead of his ...

Establishment of AfCRA represents a pivotal step in asserting Africa’s position on global financial governance ...

ADDIS ABABA, 9th February, 2025 (WAM) - The African Union (AU) will set up the Africa Credit Rating Agency (AfCRA) next week ...

The vehicle, which will backstop its members as the European Stability Mechanism does for eurozone states, comes as Asian countries consult the ESM on upgrading their Chiang Mai regional financing arr ...

Operatives of the National Drug Law Enforcement Agency have arrested two drug kingpins at the Port Harcourt International ...

Jessica Magufuli visited Raila Odinga to support his AUC bid. Kenyans admired her elegant black dress, refined style, and ...

According to a senior customs official, intelligence input led officers to intercept the passengers at Terminal 3 ...