Ethiopia is investing 10% of its GDP into a transformative $12.5 billion project to construct Africa's largest airport in the ...
Addis Abbaba, June, 22, 2025 (ENA) -- Ethiopia is in the midst of a historic economic transformation—shaped by bold policy choices, strategic investments, and a firm commitment to sustainable, ...
(CNN) — Ethiopia, Africa's second most populated country, is forecast to be the fastest growing economy in Sub-Saharan Africa this year, according to new data from the IMF. Ethiopia's economy is ...
The attacks by the US and Israel on Iran, which started on 28 February 2026, upended key supply chains, driving oil prices above US$100 a barrel. The spike followed Iran’s closure of the Strait of ...
Ethiopia’s leader loves big projects. With a contentious megadam completed on the Nile, Prime Minister Abiy Ahmed now plans Africa’s largest airport and a nuclear power plant. But the landlocked ...
The National Bank of Ethiopia (NBE) is confronting a sharp paradox: while inflation is finally easing, liquidity and credit growth are surging far ahead of the nation’s economic expansion. The ...
ADDIS ABABA, Ethiopia (AP) — Ethiopia’s currency lost 30% of its value Tuesday, the day after the central bank began implementing a flexible exchange rate policy backed by the International Monetary ...
ADDIS ABABA, Feb 3 (Reuters) - Ethiopia's economy is forecast to expand 10.2% in 2025-26, Prime Minister Abiy Ahmed said on Tuesday, higher than the finance ministry's projection of 8.9% given in ...
The country plans to have a legal framework and regulatory sandbox in place for CBDC introduction “as necessary.” The National Bank of Ethiopia (NBE) has prepared two proclamations as part of an ...
Ethiopia will return to double-digit economic growth this fiscal year after reforms backed by the International Monetary Fund eased foreign exchange constraints and strengthened exports. Ethiopia ...
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