External debt (money owed to foreign creditors) has been on the rise globally over the past years. Sovereign and corporate bond borrowing in 2024 has reached 25 trillion nearly three times the 2007 ...

The Great Mosque of Egypt in the new administrative capital Running in tandem with this growth is a dual devaluation of its ...

Ethiopia's macroeconomic reforms extend beyond exchange rate liberalization. With declining inflation, enhanced foreign currency access, and an opening banking sector, the nation is primed for ...

Ethiopia stands at a pivotal juncture in its economic history, striving to navigate the complex landscape of global financial challenges. In this context, the Ethiopian government has undertaken ...

The Ethiopian high-level delegation led by Finance Minister Ahmed Shide held discussion with the Assistant Secretary of ...

China, Brazil and other members of the BRICS grouping on Tuesday slammed the "resurgence of trade protectionism" at a meeting ...

In recent years, Ethiopia has embarked on an ambitious and indigenous economic reform journey that has now gained notable recognition from global leaders. During the 2025 IMF and World Bank Spring ...

Despite some positive surprises, Sub-Saharan Africa faces less vigorous growth forecasts, with necessary reforms in a global environment marked by shifting priorities among world leaders: Amadou ...

Ethiopia is set to reach a preliminary agreement on its $3.4 billion IMF loan program and anticipates bondholder debt talks ...

Ethiopia expects to reach a preliminary agreement on the third review of its $3.4 billion loan programme with the ...

The International Monetary Fund's Kristalina Georgieva said it was important to avoid further steps that could cause economic harm. (Amr Alfiky/Reuters) President Trump’s sweeping tariffs ...

Economic growth in sub-Saharan Africa will slow to 3.8% in 2025 from 4% last year, the International Monetary Fund said, ...