Dangote Group and Ethiopian Investment Holdings submitted a proposal to develop oil and gas pipelines through Djibouti, according to the small Horn of Africa state.
Dangote Group and Ethiopian Investment Holdings submitted a proposal to develop oil and gas pipelines through Djibouti, according to the small Horn of Africa state.
Sudan and Ethiopia traded accusations after a drone attack on the war-torn nation’s capital, Khartoum, that’s ratcheted up tensions between the African neighbors.
Sudan and Ethiopia traded accusations after a drone attack on the war-torn nation’s capital, Khartoum, that’s ratcheted up tensions between the African neighbors.
Heavily damaged aircraft at Khartoum International Airport in Khartoum on April 28.
Ethiopia’s biggest privately held bank became the latest company to list on the the nation’s nascent stock market, bringing the number of listings to four.
Ethiopia’s biggest privately held bank became the latest company to list on the the nation’s nascent stock market, bringing the number of listings to four.
A sign above the office of Awash International Bank SC in Addis Ababa.
Ethiopia has signed $13.1 billion of investment deals spanning renewable energy, manufacturing, real estate, mining and green ammonia, according to the government.
Ethiopia has signed $13.1 billion of investment deals spanning renewable energy, manufacturing, real estate, mining and green ammonia, according to the government.
Ethiopia is set to keep supporting its currency after spending $1.35 billion buying birr this year, an amount that equates to roughly a quarter of its known central bank reserves.
Ethiopia is set to keep supporting its currency after spending $1.35 billion buying birr this year, an amount that equates to roughly a quarter of its known central bank reserves.
The birr was among several African currencies to be devalued in recent years.
China’s Golden Concord Group Ltd. agreed to supply natural gas to Aliko Dangote’s planned fertilizer unit in Ethiopia for 25 years in a deal valued at $4.2 billion.
China’s Golden Concord Group Ltd. agreed to supply natural gas to Aliko Dangote’s planned fertilizer unit in Ethiopia for 25 years in a deal valued at $4.2 billion.
A landslide in Ethiopia’s southern Gamo region after days of torrential rain led to the deaths of at least 65 people, according to a government agency.
A landslide in Ethiopia’s southern Gamo region after days of torrential rain led to the deaths of at least 65 people, according to a government agency.
Locals search for the bodies of mudslide victims in the Gacho Baba district of the Gamo Zone in southern Ethiopia on Tuesday, March 10, 2026. (Gacho Baba District Government Communication Affairs Department via AP)
Eritrea has denied claims its troops are occupying Ethiopian regions along their common border, amid rising tensions between the neighbors and fears of a resumption of conflict.
Eritrea has denied claims its troops are occupying Ethiopian regions along their common border, amid rising tensions between the neighbors and fears of a resumption of conflict.
Ethiopia will return to double-digit economic growth this fiscal year after reforms backed by the International Monetary Fund eased foreign exchange constraints and strengthened exports.
Ethiopia will return to double-digit economic growth this fiscal year after reforms backed by the International Monetary Fund eased foreign exchange constraints and strengthened exports.
Ethiopia will return to double-digit economic growth this fiscal year after reforms backed by the International Monetary Fund eased foreign exchange constraints and strengthened exports.
Ethiopia will return to double-digit economic growth this fiscal year after reforms backed by the International Monetary Fund eased foreign exchange constraints and strengthened exports.
Ethiopia’s sole eurobond rallied almost 3 cents on the dollar after the government reached an agreement in principle with bondholders on a restructuring that would impose a relatively modest 15% haircut on the $1 billion note it defaulted on two years ago.
Ethiopia’s sole eurobond rallied almost 3 cents on the dollar after the government reached an agreement in principle with bondholders on a restructuring that would impose a relatively modest 15% haircut on the $1 billion note it defaulted on two years ago.
Pedestrians walk on a newly built walkway in Addis Ababa, Ethiopia.
Ethiopia says it reached an agreement in principle with bondholders over the restructure of a $1 billion bond on which it defaulted in 2023, and sees progress in efforts to revamp the debt this year.
Ethiopia says it reached an agreement in principle with bondholders over the restructure of a $1 billion bond on which it defaulted in 2023, and sees progress in efforts to revamp the debt this year.
Pedestrians near Merkato open-air marketplace in Addis Ababa, Ethiopia, on Thursday, Jan. 9, 2025. Ethiopia is opening a stock exchange after a five-decade gap, in its latest step to lure investors to a nation that’s struggling to control regional strife as it recovers from a civil war. Photographer: Amanuel Sileshi/Bloomberg
Ethiopia aims to conclude its debt-restructuring process under the Group of 20 Common Framework by mid-2026, Finance Minister Ahmed Shide said.
Traffic along a main road in central Addis Ababa, Ethiopia, on Thursday, Dec. 7, 2023. The Horn of Africa nation has been seeking to rework its liabilities since 2021 as a civil war in the northern Tigray region soured investor sentiment and sapped economic growth.
Ethiopia aims to conclude its debt-restructuring process under the Group of 20 Common Framework by mid-2026, Finance Minister Ahmed Shide said.
Traffic along a main road in central Addis Ababa, Ethiopia, on Thursday, Dec. 7, 2023. The Horn of Africa nation has been seeking to rework its liabilities since 2021 as a civil war in the northern Tigray region soured investor sentiment and sapped economic growth.
Bank of America Corp. plans to sponsor the Great Ethiopian Run, a rare venture by an international lender into Africa’s most populous nation after Nigeria.
Bank of America Corp. plans to sponsor the Great Ethiopian Run, a rare venture by an international lender into Africa’s most populous nation after Nigeria.
Anmelden
