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

BRICS plans a guarantee fund to reduce political and financial risks in developing countries. • The fund will be managed by the New Development Bank (NDB) and unveiled at the July 2025 Rio summit. • ...

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.

Ethiopia's Prime Minister Abiy Ahmed on Thursday said a multi-billion-dollar mega-dam on the Blue Nile that has long worried ...

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 ...

The executive board of the International Monetary Fund has approved the third review of Ethiopia's $3.4 billion loan ...

Ethiopia is advancing debt restructuring negotiations with creditor countries in an effort to secure $3.5 billion in debt relief, Minister of Finance Ahmed Shide told lawmakers on Tuesday.Addressing ...