Ethiopia's central bank has increased the annual credit growth ceiling for commercial banks to 18% from 14%, signalling a cautious easing of monetary controls ...

There is widespread agreement that the effectuation of the macroeconomic reforms has jump-started flexing its wings in a winning manner and resolving major predicaments revolving around foreign ...

African leaders, policymakers, academics, and stakeholders from across Africa and beyond officially launched the African ...

Parliament has ratified a bill that will enforce harsher punishments on those convicted of taking part in the contraband fuel trade or adulterating petroleum ...

Niki’s Oasis is preparing for the second annual Newtown Jazz and Heritage Festival which she’s also a founder of ...

A closer look suggests Indonesia’s decision might be less about economic benefits and more about a desire to assert its status on the global stage.

Ethiopia has generated some 263 billion US dollars in export revenue during the first five months of the current fiscal year amid strong performanc ...

President of war-battered region says local government gets no revenue as thousands of kilograms of gold are mined and sold ...

ON Nov 30, 2024, the world was jolted by a bold statement from US President-elect Donald Trump. In a move that drew attention from governments, currency experts and global markets alike, Trump ...

Indonesia has officially joined BRICS as a full member, according to an announcement by Brazil’s government on Monday.

President Hassan Sheikh Mohamud and Prime Minister Abiy Ahmed commit to restoring diplomatic relations between Somalia and ...

The on going discussions follow Ethio Telecom's announcement at the start of its financial year that it plans to invest more ...