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Ethiopia

Ethiopia
Population: 107.39m
GDP: $145.03bn
Debt: 31.77% of GDP (2024)

news from Ethiopia

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Found 331 articles.

Displaying 1-10 out of 331 results.

IMF sees economic light in Addis amid political gloom

The Fund expects high growth and increasing tax revenues as Abiy Ahmed’s pro-market reforms bed in

As Ethiopia’s government grapples with insurgent forces in its Amhara, Oromo and Tigray provinces and heightened tensions with neighbouring Eritrea and Somalia, Prime Minister Abiy Ahmed and his...

Economic rebound complicates debt talks

Officials in Addis Ababa say the restructuring is almost agreed – but commercial creditors want better terms as growth picks up

Ethiopian officials are making progress towards restructuring US$8.4 billion external debts owed to official creditors, announcing an ‘agreement in principle’ on 21 March but they are locked into...

Tigray’s political fight sounds alarm

Unresolved border disputes with Asmara and internal divisions in Ethiopia are driving the region to the brink

A schism in the Tigray regional authority has erupted into clashes in several towns and could draw in Eritrea and Ethiopia’s federal government, maybe others, into a devastating...

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Abiy’s economy earns Fund praise

Kristalina Georgieva has lauded the government’s ‘impressive performance’ in its economic reform programme, although the World Bank is less optimistic

International Monetary Fund Managing Director Kristalina Georgieva was effusive about Ethiopia’s ‘impressive economic performance’ following a two-day visit to Addis Ababa. This comes amid claims that Prime Minister...

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Defence Minister insists Ethiopia not be part of new AU mission

The regional dispute is escalating as Mogadishu says Ethiopian troops are not welcome and have been excluded from the peacekeeping operation

Somalia’s Defence Minister Abdulkadir Mohamed Nur has insisted that Ethiopia will not participate in a new African Union (AU) peacekeeping mission which is set to begin in January...

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Abiy plays down threat of conflict over Red Sea access

The Prime Minister has made efforts to calm tensions amid the escalating dispute with Mogadishu and to avert his state’s potential isolation in the region

Prime Minister Abiy Ahmed’s remarks to the Ethiopian parliament last week that his government was seeking access to the Red Sea ‘through peaceful means’ could mark a critical...

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Middle powers line up behind Addis and Mogadishu

Egypt and Somalia have signed a military pact to scupper Ethiopia’s trade-off with Somaliland for a port in the Gulf of Aden

Nothing better illustrates the radical shift in regional relations than the defence agreement signed by Egypt and the Federal Government of Somalia on 14 August, two days after...

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Displaying 1-10 out of 331 results.

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