He also warned that Africa’s exposure to global volatility is deepening. Official development assistance dropped to 2.1 per cent of GNI in 2023, down from 3.4 per cent in 2006. Major donors, including ...

A new report by Backbase, the global innovative banking solutions provider, highlights the need for tailored products in Ethiopia banking sector targeting women, rural users, and small and micro ...

Attended by global corporate leaders, as well as African financial institutions, the occasion marked what is considered a major step in sparking the African Startup Revolution, harnessing the momentum ...

Ethiopia’s digital economy could add over ETB 1.3 trillion to GDP by 2028, according to the GSMA’s new report, Driving Digital Transformation of the Economy in Ethiopia.

There are opportunities for American businesses to take part in government procurements. American businesses rely largely on high-level advocacy help to gain government contracts or reverse unfair or ...

U.S. Ambassador to Ethiopia Massinga yesterday traveled to Shire, Tigray Region, to visit U.S. Government humanitarian programs and to assess the situation for Internally Displaced Persons (IDPs) in ...

“Just when policy efforts began to bear fruit, with regional growth exceeding expectations in 2024, the region’s hard-won recovery has been overtaken by a sudden realignment of global priorities, ...

External debt (money owed to foreign creditors) has been on the rise globally over the past years. Sovereign and corporate bond borrowing in 2024 has reached 25 trillion nearly three times the 2007 ...

By Laura Naliaka – The African Continental Free Trade Area (AfCFTA) protocol on women and youth in trade is Africa’s blueprint for inclusive trade. Experts agree that a truly transformative vision for ...

By Pamela Coke-Hamilton – Seven years after the signing of the African Continental Free Trade Area (AfCFTA) and as countries grapple with creating jobs for Africa’s youth bulge, Economic Commission ...

Back in July 2020, the Ethiopian government set out on a transformative journey with the launch of the Digital Ethiopia 2025 Strategy. This ambitious initiative aims to weave digital technology into ...

In their joint brief paper, Era Dabla-Norris, Vitor Gaspar, and Marcos Poplawski-Ribeiro stated that major policy shifts underway have heightened global uncertainty and indicated that global public ...