Ethiopia said on Wednesday it had agreed a memorandum of understanding with its Official Creditor Committee that formalises ...

Ethiopia agreed a memorandum of understanding to restructure its loans with official creditors, formalizing a debt treatment ...

The executive board of the International Monetary Fund has approved the third review of Ethiopia's $3.4 billion loan ...

The memorandum formalises the debt restructuring agreed in principle in March this year and offers relief of over $3.5 ...

Egypt’s Foreign Minister Badr Abdelatty announced in a televised interview on Sunday that talks with Ethiopia over the Grand ...

Ethiopia is facing energy problems due to crypto mining. This year, crypto mining and data centers are expected to consume a third of the country's ...

Gadaa Bank, a domestically owned commercial lender, has become the second company to list on Ethiopia’s nascent stock market ...

The Ethiopian National Defense Forces (ENDF) has announced the killing of 83 Fano groups armed fighters in what it described as a "coordinated operation" in the Gojjam and South Gonder zones of the ...

Ethiopia has reached a major agreement with Dangote Industries to establish a large-scale fertiliser plant in the Somali ...

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 ...

The Kenya Electricity Transmission Company (Ketraco) has doubled the amount of electricity being evacuated from Ethiopia to ...

Ethiopia has agreed a memorandum of understanding with its Official Creditor Committee that formalises an initial debt ...