The Brazilian Ambassador to Ethiopia, Mr. Jamdyr Ferreira Santos, has praised the New Development Bank (NDB) as a strong and fair alternative to traditional global lenders. He said the bank …
Ethiopia
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AfricaBusinessDevelopmentEconomyEthiopiaInfrastructure
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Nigeria’s Food Crisis Deepens as Ethiopia’s Grain Success Offers a Roadmap
While Nigerians continue to battle hunger and high food prices, experts say the country can learn valuable lessons from Ethiopia’s agricultural transformation. Ethiopia has successfully moved from being a net …
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AfricaDevelopmentEastern AfricaEconomyEthiopiaFinance & ServicesGOVERNMENTInternational Relations
Ethiopia Secures $1 Billion World Bank Support for Economic Reform and Growth
Ethiopia has secured a $1 billion funding package from the World Bank to support its ongoing economic reform programme and boost economic growth, the country’s Ministry of Finance announced on …
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Banking, Finance & InvestmentBusinessEastern AfricaEthiopiaFinance & ServicesINVESTMENTSales Strategy
Ethiopia Opens Banking Sector to Foreign Investors with New Licensing Rules
Ethiopia has officially opened its banking sector to foreign investors with a new directive that came into effect on June 25, 2025, allowing international banks to operate in the country …
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AfricaAFRICA NEWSDevelopmentEthiopiaInfrastructureInternational Relations
Ethiopia Showcases Urban Corridor Plan at BRICS Urbanisation Forum in Brazil
The Government of Ethiopia has presented its ongoing urban development efforts at the BRICS Urbanisation Ministerial Forum, held in Brasilia, Brazil, according to a statement from the country’s Ministry of …
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EthiopiaInternational RelationsPoliticsSecurity
Ethiopia Strengthens Military and Diplomatic Ties with U.S.
Ethiopia’s Prime Minister Dr. Abiy Ahmed has held high-level talks with the Commander of the United States Africa Command (AFRICOM), General Michael Langley, as both countries seek to strengthen military …
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Banking, Finance & InvestmentDevelopmentEconomyEthiopiaFintech
NIB Bank Partners with Arifpay to Boost Digital Payments and Support Ethiopia’s Fintech Growth
NIB Bank has entered a major partnership with Arifpay Financial Technologies, one of Ethiopia’s top fintech firms, in a move that is expected to strengthen the country’s digital economy. The …
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AfricaAFRICA NEWSAviationBusinessBusiness and EconomyEthiopiaTrade and CommerceTransportation & Logisitics
Ethiopian Airlines Expands Indian Network with New Hyderabad Route to Boost Africa-Asia Connectivity
ADDIS ABABA / HYDERABAD – Ethiopian Airlines, Africa’s largest airline and one of the world’s fastest-growing aviation brands, has launched a new passenger route to Hyderabad, India, further deepening its …
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The United States Ambassador to Ethiopia, Ervin Massinga, has softened his tone over recent criticisms of the Ethiopian government, calling instead for a political solution to the country’s ongoing internal …
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Eastern AfricaEconomyEthiopiaGOVERNMENTPolicies
Ethiopia Projects 8.9% Growth for 2025/2026 as Budget Deficit Widens Slightly.
Ethiopia’s economy is expected to grow by 8.9% in the upcoming fiscal year, a slight increase from this year’s estimated 8.4%, according to projections presented by the country’s Finance Minister …