The global energy transition has lost momentum, and Africa is improving from a low...

Leaders and critics in the sector have warned that the global philanthropic system is...

The Ministry of Finance projects the birr will stabilize in the upcoming 2026/27 fiscal year, despite a 15 percent depreciation against major foreign currencies over the past year. During his federal budget presentation to Parliament last week, Finance Minister Ahmed Shide forecasted a 9.8 percent overall economic growth for the coming fiscal year. This growth is expected to be driven by a 7.1 percent increase in agriculture, 11.6 percent in industry, and 8.5 percent in the services sector, with the economy maintaining strong momentum despite unforeseen global developments. However, Ahmed acknowledged potential challenges from the ongoing Middle East conflict, which has been factored into the government's budget planning. Ethiopia is projected to import goods worth USD 25.8 billion in 2026/27, with fuel imports alone accounting for approximately USD 6 billion. The minister attributed this higher fuel import...

Regional business leaders and chamber executives have issued a stark warning that a constantly...

Ahadu Bank has secured a semi-finished high-rise building in the Mexico area of Addis...

South Africa’s recurring attacks on foreign nationals are no longer just a domestic embarrassment; they are a continental wound....

Africa does not suffer from a shortage of summits, forums, conferences or high-level gatherings. It suffers from a shortage...

Africa’s debt crisis will not be solved by borrowing alone, nor by waiting for rescue from outside the continent....

​As Ethiopia concludes its national election cycle this weekend, the domestic business community is closely analyzing the implications for...