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Inside Ethiopia’s First IMF Review: Progress, Challenges, and Strategic Adjustments
In a significant step to address longstanding economic challenges, the IMF recently completed its first review under the 48-month Extended Credit Facility (ECF) for...
Ethiopia Extends Landmark $738 Million Loan to South Sudan for Cross-Border Infrastructure Project
In a historic first, Ethiopia has extended a loan exceeding $738 million to South Sudan, the world’s youngest nation, to fund the construction of...
Ethiopian Airlines Welcomes Africa’s First Airbus A350-1000 to Its Fleet!
In a landmark achievement for African aviation, Ethiopian Airlines has officially received Africa’s very first Airbus A350-1000 aircraft. The handover ceremony was held at...
Ethiopia Opens Doors to Global Banking: Kenya, Morocco, and UAE Lead the Charge
Ethiopia is ushering in a new era of economic transformation by liberalizing its banking sector, allowing foreign banks to enter one of Africa’s fastest-growing...
Red Sea, GERD, and Beyond: Ethiopia’s Future Under Trump or Harris
As the 2024 U.S. presidential race intensifies, Ethiopia finds itself at a pivotal juncture, grappling with internal reforms and escalating regional tensions. The recent...
Somalia to Relocate Ethiopian Embassy from Presidential Compound
Somalia's Minister of Foreign Affairs, Ahmed Moalim Fiqi, has announced plans to relocate the Ethiopian Embassy, currently situated within the presidential compound, to a...