National Bank of Ethiopia (NBE) has maintained tight monetary and financial conditions, and modernisation of the monetary ...

The continent’s family firms are often reluctant to open their books to scrutiny. As a familiar joke goes, the biggest listed ...

The International Monetary Fund (IMF) has completed its second review of Ethiopia's program, leading to an immediate ...

The IMF agreed to its new package shortly after Abiy gave the green light to float the currency. Mamo Mihretu, the central bank governor, said he called up the presidents of all Ethiopian banks in ...

As a landlocked country, Ethiopia has expressed dissatisfaction at its reliance on the Port of Djibouti for access to the Red Sea. Recently, Prime Minister Abiy stated that control of the Red Sea and ...

The IMF Executive Board completed the second review of the arrangement under the Extended Credit Facility (ECF) for Ethiopia, allowing the authorities to draw the equivalent of about US$248 million ...

The IMF has assessed that Ethiopia's economy has fared better than expected under the reform program, with projected surge in inflationary pressure failing to materialise and hard currency ...

The ECF agreement between Ethiopia and the IMF aims to address economic imbalances, restore debt sustainability, and lay the foundation for more inclusive growth driven by the private sector. The ...

The International Monetary Fund’s executive board of directors is scheduled to meet this week to discuss Ethiopia’s latest ... A spokesperson for the IMF confirmed that the board is set ...

The IMF agreed to its new package shortly after Abiy gave the green light to float the currency. Mamo Mihretu, the central bank governor, said he called up the presidents of all Ethiopian banks in ...

(Bloomberg) -- The International Monetary Fund’s executive board of directors is scheduled to meet this week to discuss Ethiopia’s latest review under a $3.4 billion loan. The formal meeting ...