Ethiopian government is eyeing $700 million in a concessional loan from the World Bank to finance the financial sector ...

In many parts of Africa, because of the colonial legacy, state control of the financial services sector held back access to ...

A striking imbalance persists within Ethiopia's banking industry, where a mere 0.5% of borrowers hold nearly three-quarters of all loans, while the agricultural sector continues to be marginalized in ...

Felipe: The capital markets are a big focus for the IFC, and we recognize that they are at various stages of development ...

Ethiopia is at a crucial juncture in its economic development, with the potential to significantly enhance its capital markets. The establishment of a robust capital market can drive economic growth, ...

Multilateral lender Climate Investment Funds will back a $500 million plan to help drought-prone Ethiopia restore degraded ...

As part of CIF's Nature, People, and Climate programme, the lender is making a $37m investment that it expects to mobilise ...

The once-thriving relations between the two countries have fractured, and the region is once again faced with uncertainty.

After 14 years of hard work, Yejotework “Jote” Mulat opened Café Jote, an Ethiopian coffee shop, in August. Since then, the new West Bank coffee shop has found its footing as a student favorite and an ...

The Ethiopian government and the Asian Infrastructure Investment Bank AIIB have reaffirmed their readiness to collaborate on infrastructure developm ...

For the first time, Nigeria was not named as one of the countries with trapped funds as the International Air Transport ...

US President-elect Donald Trump previously issued a warning to BRICS countries trying to establish a new shared currency.