Ethiopia has taken a major diplomatic step by officially resuming full diplomatic relations with Somalia after months of serious tension between the two neighbouring countries. On Tuesday, Ethiopia’s newly appointed …
The United Nations World Food Programme (WFP) has issued a stark warning that food assistance for Sudanese refugees in four neighbouring countries could be completely suspended within the next two …
Ethiopia is being recognized as a leading example in Africa for its commitment to policy evaluation, according to Dr. Miche Ouedraogo, President of the African Evaluation Association (AfrEA). This acknowledgment …
Safaricom, the Nairobi-based telecoms and digital services provider, has made history as the first company in East Africa to surpass $3 billion in annual revenue. The firm’s financial results for …
African markets are navigating a busy day of economic indicators, political developments, and global trends on Thursday, May 8, 2025. From court decisions in Côte d’Ivoire to monetary policy announcements …
ADDIS ABABA – Ethiopia’s Ministry of Foreign Affairs (MoFA) has announced major diplomatic achievements over the past nine months, describing its performance as a significant step forward in protecting and …
Economists under the Ethiopian Economics Association have advised the government to increase transparency in the foreign exchange market to help reduce the steady fall of the Ethiopian Birr. They warned …
The Ethiopian Investment Commission (EIC) has announced the approval of 40 foreign investment permits in the retail, wholesale, import, and export sectors—sectors that were previously closed to foreign investors. Mr. …
A new audit of the National Bank of Ethiopia (NBE) has revealed serious financial troubles, including massive losses in foreign exchange dealings and gold trading, as well as rising government …
The Ethiopian government has once again increased fuel prices, raising concerns among citizens already grappling with widespread shortages and the rising cost of living. The new prices took effect on …