Ethiopia nears $10.5b support agreement
Ethiopia is set to receive $10.5 billion in support over the next few years if negotiations with the International…
Browsing Tag
Ethiopia
S. Korea inks multi-billion-dollar loan deals with Tanzania, Ethiopia
South Korea's summit with African leaders is resulting in major economic deals, as Tanzania and Ethiopia signed…
Thailand seeks entry into BRICS
Thailand targets BRICS membership this month to enhance its global standing alongside Brazil, Russia, India, China…
Huawei launches $300m cloud zone in Egypt
Huawei Cloud has launched its first cloud zone in Egypt, investing $300 million to become the first company…
Vodacom’s profits dip 10.8% on Ethiopia startup costs
Vodacom Group reported a 10.8 per cent decline in full-year earnings on Monday, citing start-up losses in Ethiopia…
Africa’s high debt service stalls 2030 agenda progress – UN
Africa is grappling with multiple crises, including a 183 per cent debt increase since 2010, quadruple the region’s…
Ethiopia-Djibouti railway earns $50m in 9 months
The China-built Ethiopia-Djibouti railway has been successful, generating 2.84 billion Ethiopian birrs ($50…
IMF board passes amendment to grant more freedom to assist countries in crisis
The International Monetary Fund's (IMF) Board has approved a significant amendment aimed at granting it greater…
Paris Club pushes Ethiopia’s IMF deal deadline to June
The Paris Club, a group mainly comprising developed country creditors, reportedly extended Ethiopia's deadline to…
Africa’s sovereign bond rally continues unabated
Africa's sovereign bond rally continues unabated, with prices reaching nearly two-year highs in countries like…
