Business

IFC Applauds Ethiopia’s Economic Reforms, Highlighting Stronger Private-Sector Foundations

Addis ababa: The International Finance Corporation (IFC) has welcomed Ethiopia’s economic reform efforts, saying progress in the foreign-exchange market, international reserves, and inflation is helping address some of the key constraints that previou…

Political News Politics

Egypt’s Stereotype of Nile Basin Countries More Harmful Than Effective: Senior Researcher

Addis ababa: The Egyptian political instrumentalization of the Nile and the portrayal of Nile Basin countries as a stereotype have fostered negative public perceptions in Egypt toward basin countries in general, and Ethiopia in particular, a senior re…

General General News

Ethiopia Can Sustain Double-Digit Economic Growth for Decades, Says Capital Investment Bank CEO

Addis ababa: Ethiopia’s economy, driven by the expansion of agriculture and manufacturing, development of natural resources as well as tourism and its large youthful population, can sustain the annual economic growth of between 9 and 11 percent over t…