Ethiopia Secures Landmark Agreement for Debt Suspension and Eurobond Restructuring
In a significant move to alleviate its economic challenges, Ethiopia has secured an agreement with its bilateral creditors for a temporary suspension of debt...
Mohammed Al Amoudi’s Net Worth Surges 62% to $8.5 Billion in 30 Days
Ethiopian oil tycoon Mohammed Al Amoudi, recognized as one of Africa's wealthiest individuals, has witnessed a substantial increase in his fortune. In just a...
USAID Resumes Food Assistance in Ethiopia Following Significant Reforms
In a major step towards humanitarian aid reform, the United States Agency for International Development (USAID) announced the resumption of food assistance across Ethiopia...
Ethiopia’s Economic Outlook: Prime Minister’s Optimism Contrasts with Fitch Ratings’ Downgrade
Ethiopia's GDP Growth and Fitch Ratings' Concerns
While Ethiopian Prime Minister Abiy Ahmed (Dr.) projected a rosy picture of the nation's economic growth in his...
EthSwitch Unveils Game-Changing National Payment Gateway in Ethiopia
Today marked a significant advancement in Ethiopia's digital payment sector with the inauguration of the National Payment Gateway (NPG), developed by EthSwitch.
The launch event,...
Djibouti’s Space Milestone: First Satellite Launched with SpaceX
In a significant advancement for Djibouti's space ambitions, the Republic of Djibouti successfully launched its first satellite, Djibouti 1A, as part of SpaceX's Transporter-9...
