Kenya has reclaimed its position as East Africa's largest economy after five years, overtaking Ethiopia as the depreciation ...

The IMF is exploring a quota formula that could lift Ethiopia's share, while the G-24 wants small members protected. Loan review talks start in November.

Ghana is projected to overtake Ethiopia as Africa's eighth-largest economy in 2026, with its gross domestic product (GDP) forecast to reach US$128.64 billion, exceeding Ethiopia's projected US$127.15 ...

Berhanu Denu, an economist at Addis Ababa University and an FSS member, welcomed efforts to open up the economy and expand ...

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 ...

The latest estimates by the International Monetary Fund (IMF) place Ghana eighth among Africa's largest economies, ahead of ...

Led by H.E. Abdallah Sultan Al Owais, Chairman of SCCI, the mission will bring together members of the official delegation ...

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 ...

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 ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. ADDIS ABABA, Ethiopia (AP) — Ethiopia’s ...

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 ...