RIO DE JANEIRO, July 6 (Reuters) - Leaders of the BRICS group of developing nations on Sunday condemned attacks on Gaza and ...

The alliance of emerging economies hopes to offer a counterweight to the United States and other Western powers. But military ...

The International Monetary Fund (IMF) has authorized a $262.3 million disbursement for Ethiopia, taking total payments under Extended Credit Facility program to roughly $1.87 billion. • The new ...

Ethiopia said on Friday that it had signed a $1 billion financing agreement with the World Bank to support its economic ...

Ethiopia said on Friday that it had signed a $1 billion financing agreement with the World Bank to support its economic ...

Ethiopia’s prime minister says the Grand Ethiopian Renaissance Dam on the Nile has been completed. Egypt has long opposed the dam, calling it an existential threat to its water supply.

In a region strained by forced displacement, poverty, and limited access to economic opportunities, an innovative initiative is leveraging the synergy between training, entrepreneurship, and support ...

Addis Ababa February 27, 2025 (ENA) --- Ministry of Finance and World Bank signed a grant agreement amounting a 60 million USD to support the implementation of Innovative Systems to Promote ...

Currently, the World Bank supports over 45 development projects across Ethiopia, with a total budget of 15.57 billion USD, covering a wide range of sectors.

WASHINGTON: – Ethiopia’s financial system is set to receive a transformative boost following the World Bank’s approval of a $700 million credit for the Financial Sector Strengthening Project (FSSP).

The National Bank of Ethiopia (NBE) disclosed in its latest financial stability report dated November 2024 that the World Bank-backed Financial Sector Strengthening Project (FSSP), which it is ...

The World Bank's board has approved $1.5bn in financing for its first-ever budget support lending to Ethiopia, the lender said as the east African nation tries to push ahead with a long-running debt ...