Addis Ababa: The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, commended Ethiopia on the successful implementation of recent economic reforms. Georgieva also acknowledged the significant progress Ethiopia has made a…
Month: February 2025
Corridor Development Expanding to Several Parts of Ethiopia’s Sidama Region
Sidama Region: The corridor development initiative, a strategy to enhance various urban services and address infrastructure needs, has been expanding to several parts of the Sidama Region.
According to Ethiopian News Agency, apart from the regional …
Plastic Formwork Factory Inaugurated in Addis Ababa
Addis Ababa: A plastic formwork factory that saves over 15 million USD annually by manufacturing products locally was inaugurated today. The factory, built with over 1 billion Birr, was officially opened by Industry Minister Melaku Alebel, highlightin…
Prime Minister Abiy Welcomes IMF Managing Director
Addis Ababa: Prime Minister Abiy Ahmed underscored that Ethiopia values the IMF’s continued technical and financial support for our economic reform program. The Prime Minister, who has warmly welcomed IMF Managing Director Kristalina Georgieva on the …
African Leaders Convene on Establishment of Homegrown Solution, Africa Credit Rating Agency
Addis Ababa: As the continent continues its march towards economic integration and resilience, the establishment of Africa Credit Rating Agency (AfCRA) represents a pivotal step in asserting Africa’s position on global financial governance. In this re…
Kenya, Ethiopia in Forefront in Fostering African Unity & Pan-Africanism
Nairobi: The United Democratic Alliance Party (UDA) Executive Director, Nicodemus Bore praised the ongoing efforts of Kenya and Ethiopia in fostering African unity and pan-Africanism.
According to Ethiopian News Agency, the two countries have long be…