Ethiopia plans to reach a deal with bilateral creditors by year-end, the Fund said, followed by a deal with its Eurobond investors.

The bill seeks to depress individuals engaging in illegal financial crimes like money laundering, human trafficking, and illicit financial activities...

Though the country witnessed a 65 per cent per cent flow increase, the FDI inflow declined from $1.59 billion (205 billion shillings) in 2022 to $1.5...

Somalia's gross domestic product growth pace has been set at 3.7 per cent, compared to 3.1 per cent last year, while Ethiopia's was 7.0 per cent, 0.2...

The nation has seen a substantial increase in agricultural productivity over the last nine months, with an additional harvest of one billion kgs of ma...

The announcement came as Africa's second most populous country, with about 120 million people, seeks to shore up its finances.

The report underlines the critical need for reforms to keep an additional 3.7 million Ethiopians from sliding into poverty over the next 25 years.

Ethiopia’s wealth will grow 75 per cent between 2023 and 2024, according to the inaugural BRICS Wealth Report released Wednesday by London-based inves...