Restricted talks period ends without a restructuring deal Ethiopia hopes for talks resumption, bondholders disappointed Bond slides by more than a cent after the news Critics says Common Framework is ...

Talks between Ethiopia’s government and holders of a $1 billion defaulted bond collapsed after both sides agreed to terminate the discussions without an agreement. The Ethiopia Ad Hoc Bondholder ...

Addis Abeba — The World Bank's latest assessment on poverty and equity in Ethiopia forecasts that poverty will increase to 43% by 2025, up from 33% in 2016 (measured at $3 per day, 2021 PPP). After ...

Ethiopia has accused Eritrea of preparing to wage war against it in collusion with an opposition grouping, in the latest sign of escalating tensions between the two neighbours over control of the Red ...

Ethiopia has accused Eritrea’s government of working with an opposition group based in Ethiopia’s northern Tigray region to prepare for a military offensive, underscoring concerns of renewed conflict ...

A new chapter in Africa’s industrial story opened as Aliko Dangote, President, Dangote Group, led the groundbreaking of a $2.5 billion fertiliser plant in Gode, Ethiopia. The project, a partnership ...

Terefe Gebreyesus does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

BENISHANGUL-GUMUZ, ETHIOPIA – FEBRUARY 19: A view of Grand Ethiopian Renaissance Dam, a massive hydropower plant on the River Nile that neighbors Sudan and Egypt, as the dam started to produce ...

Ethiopia has inaugurated Africa’s largest hydroelectric dam on the Blue Nile, as the $5bn project continues to sow dismay with downstream neighbours Sudan and Egypt. Prime Minister Abiy Ahmed has ...

Ethiopia officially inaugurated Africa’s largest hydroelectric dam on Tuesday, a project that will provide energy to millions of Ethiopians while deepening a rift with downstream Egypt that has ...

Johannesburg — Africa's largest hydroelectric dam, the Grand Ethiopian Renaissance Dam (GERD), on the Blue Nile is scheduled to open Tuesday to major fanfare in Ethiopia. The $5 billion dam project ...

The city of Gondar, one of 117 Ethiopian cities that benefited from the World Bank’s Ethiopia Urban Institutional and Infrastructure Development Program (UIIDP). Photo: Adobe Stock With World Bank ...