Ethiopias

4 Articles
Economy

IMF Finalizes Staff-Level Deal for Ethiopia’s Fourth Review, Releases $261 Million

The International Monetary Fund (IMF) has finalized a staff-level agreement with Ethiopia regarding the fourth review of its $3.4 billion Extended Credit Facility...

Economy

Ethiopia’s Striving for Major Infrastructure Developments Amid Growing Tensions

Ethiopia is undertaking major infrastructure projects, including Africa's largest airport and a nuclear power plant, to boost economic growth and reduce foreign aid...

World

Ethiopia’s Hayli Gubbi Volcano Erupts After 10,000 Years; Large Ash Cloud Moves Toward India

Ethiopia's Hayli Gubbi volcano erupted after being dormant for over 10,000 years, producing an ash plume that reached 14 kilometers into the atmosphere....

World

Ethiopia’s House of People’s Representatives approves $1.93 trillion birr budget for 2025/26 fiscal year

Ethiopia's House of People's Representatives has approved a record 1.93 trillion birr budget for the 2025/2026 fiscal year, marking a 34.4% increase from...