Ethiopia: EU Pledges €1.1 Billion to Support AfCFTA, Strengthen Economic Integration

The European Union (EU) has pledged €1.1 billion as part of the Team Europe initiative to support the African Continental Free Trade Area (AfCFTA) and promote economic… Read more »

East Africa: Ethiopia Leads East Africa in Foreign Direct Investment

Ethiopia emerged as the leader in attracting foreign direct investment (FDI) in East Africa last year, according to the World Investment Report published by the United Nations… Read more »

Ethiopia: News - EU Pledges 16m Euro to Ethiopia DDR Program for Estimated 370,000 Ex-Combatants

The European Union today pledged 16 million Euro for National Rehabilitation Commission's (NRC) works that seek to disarm, demobilize and reintegrate an estimated 370,000… Read more »

Ethiopia: Economic Turmoil, Instability Curtail Ethiopia's FDI Inflows: Ernst & Young Report

Amid global economic shifts and domestic instability, Ethiopia is contending with a marked decrease in foreign direct investment (FDI), as detailed in a new report by Ernst &… Read more »

Ethiopia: National Bank of Ethiopia Greenlights Offshore Accounts for Strategic Foreign Direct Investments

The National Bank of Ethiopia (NBE) has approved strategic foreign direct investment initiatives to establish offshore accounts. This enables projects to conveniently deposit their… Read more »

Ethiopia: Safaricom Ethiopia Gets Additional Investment, Loan to Support Affordable Internet, Reliable Mobile Connectivity

World Bank Group signing an agreement with Safaricom Ethiopia (Photo: Anuwar Soussa, CEO, Safaricom Ethiopia) Read more »

Ethiopia: World Bank Tells Ethiopia to 'Remove Macroeconomic Distortions' to Help Slow Inflation, Unlock Investment

Today, World Bank Group President David Malpass met with Ahmed Shide, Minister of Finance of Ethiopia. Read more »