Ethiopia to save $4.9 billion after completing debt restructuring exercise
Ethiopia’s State Finance Minister, Eyob Tekalign, said on Friday it expects creditors will agree to restructure $4.9 billion of debt ...
Tag: Ethiopia
World Bank approves $1.5 bln in financing for Ethiopia
The World Bank's board has approved $1.5 billion in financing for its first ever budget support lending to Ethiopia, the ...
Ethiopia’s IMF deal paves way for debt restructuring, official says
Ethiopia's new $3.4 billion financing deal with the International Monetary Fund paves the way for completion of its long-delayed debt restructuring in ...
Infographic: 5 Sub-Saharan African Countries with the Largest Armies (2024)
African armies have undergone significant changes since African nations won independence from colonial rule. Once mainly small constabulary forces relegated ...
Death toll in southern Ethiopia mudslides rises to at least 157
At least 157 people were killed in mudslides in a remote part of Ethiopia that has been hit with heavy ...
Ethiopia’s Premier Abiy Ahmed visits Sudan’s army chief on Red Sea coast
Ethiopian Premier Abiy Ahmed met Sudan's army chief General Abdel Fattah al-Burhan on Tuesday, becoming the first foreign leader to ...
US envoy says Over 100 people kidnapped for ransom in Ethiopia last week
At least 100 people, including students, were kidnapped for ransom last week in Ethiopia's restive regions that have seen sporadic ...
Ethiopia PM says country to get $10.5 bln if IMF, World Bank talks succeed
Ethiopia will receive $10.5 billion in support over the coming years if long-running negotiations with the International Monetary Fund and ...
Turkey mediates between Somalia and Ethiopia over sea access deal
Turkey mediated talks between Somalia and Ethiopia on Monday to ease diplomatic tensions between the two African neighbors, according to ...
Ethiopia, South Sudan to build 220km cross-border road
Ethiopia and South Sudan are set to build a 220-km cross-border road, following a $738-million financial agreement signed in May ...
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