He also warned that Africa’s exposure to global volatility is deepening. Official development assistance dropped to 2.1 per cent of GNI in 2023, down from 3.4 per cent in 2006. Major donors, including ...

In the 1970s, Amin enlisted Black Ugandans to battle against racial minorities who were said to dominate the economy and ...

Finance chiefs of G20 countries expressed optimism for an agreement on a common position on trade and other global challenges on Friday despite U.S. President Donald Trump's tariffs which have ...

Rising debt, geopolitical instability and declining aid flows are intensifying external pressure on African economies, the UN Economic Commission for Africa (ECA) has warned ...

The African Union (AU) and the European Union (EU) have embarked on a joint plan to invest in circular economy initiatives, which promote job-creation and advance sustainable development, the two bod ...

Ethiopia and Egypt have always been at cross purpose over the latter's ambitious mega hydroelectric dam on the River Nile, ...

While Addis Ababa views the dam as essential to its national electrification program, it has been a source of tension with downstream countries Egypt and Sudan, who fear it could threaten their water ...

Addisd Ababa, July Finance chiefs of G20 countries expressed optimism for an agreement on a common position on trade and ...

More than 33,700 homeless individuals have been reunited with their families during the 2024/2025 Ethiopian fiscal year, the Addis Ababa City Administration Bureau of Women, Children, and Social ...

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

The Technical Assistance (TA) mission, conducted in Addis Ababa, Ethiopia, from November 4 to 8, 2024, assisted the National Bank of Ethiopia’s (NBE) authorities in developing a Forecasting and Policy ...

Ethiopian Airlines, the largest airline in Africa and one of the fastest-growing airline brands in the world, has announced the launch of its new daily passenger service connecting Addis Ababa with ...