19-May-2022 to 13:22

AU Chair calls for renegotiation of multilateral system to boost Africa’s recove...

APA-Addis Ababa (Ethiopia) — President Macky Sall of Senegal has called on Africa’s development partners to agree to a renegotiation of the terms of the current multilateral system in the light of shocks dealt to the global economy by the COVID-19 pandemic and the war between Russia and Ukraine.

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19-May-2022 to 12:43

Ethiopia, FSD Africa seal deal on setting up Securities Exchange

APA-Addis Ababa (Ethiopia) — Ethiopia and FSD Africa, UK’s capital market facilitator on Wednesday signed an agreement to set up the Ethiopian Securities Exchange (ESX).

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17-May-2022 to 18:25

W/Bank approves $300m to rebuild Ethiopia's conflict-ridden north

APA-Addis Ababa (Ethiopia) — The government in Addis Ababa and the World Bank have signed a financing agreement amounting to $300 million in support of the reconstruction and recovery of conflict-affected areas of Ethiopia.

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16-May-2022 to 10:01

COVID-19 push about 55m Africans into extreme poverty in 2020

APA-Addis Ababa (Ethiopia) — The disruptions caused by the COVID-19 pandemic pushed an estimated 55 million Africans into extreme poverty in 2020 and reversed more than two decades of progress in poverty reduction on the continent, UN Economic Commission for Africa (ECA) said on Saturday in a report.

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15-May-2022 to 12:21

Uganda downplays allegations of harboring Ethiopian opposition forces

APA-Addis Ababa (Ethiopia) — The Ugandan Defense Minister downplayed the allegations that the Tigray People’s Liberation Front (TPLF) which is fighting against the Ethiopian government has been receiving training in Uganda with the support of the United States, Egypt, and South Sudan, according to Ethiopian Ministry Of Foreign Affairs.

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13-May-2022 to 21:42

Ethiopia earns over $1b from coffee export in ten months

APA-Addis Ababa (Ethiopia) — Ethiopia has earned a record $1.014 billion from coffee export in the last ten months of the current fiscal year, achieving its export target for the entire year.

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12-May-2022 to 16:53

Ethiopia’s economy forecast to grow by 6.6 percent

APA-Addis Ababa (Ethiopia) — Ethiopia’s economy is forecast to grow by 6.6 percent this fiscal year which will end on July 7, 2022, the Planning and Development Ministry has said.

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