WASHINGTON, July 3, 2025 - The World Bank’s Board of Executive Directors today approved a $1 billion Development Policy Operation (DPO) to support Ethiopia’s transition toward a more inclusive and ...

Over the past year, Ethiopia—Africa’s second most populous country—has embarked on a comprehensive transformation of its monetary and exchange rate regimes. After decades of tight control, the country ...

ADDIS ABABA, July 4 (Reuters) - Ethiopia said on Friday that it had signed a $1 billion financing agreement with the World Bank to support its economic reform programme and boost growth. The money ...

The African Development Bank (AfDB) on Monday has agreed to contribute 500 million dollars to help develop a new mega airport in Ethiopia. Ethiopian Airlines Group Chief Commercial Officer Lemma ...

The International Monetary Fund (IMF) and World Bank have warned that Ethiopia’s debt levels are unsustainable, citing falling foreign exchange reserves and weak export performance. The warning comes ...