Washington, DC: An International Monetary Fund (IMF) team, led by Ms. Esther Pérez Ruiz, visited Djibouti from January 11 to ...

Ethiopia has struck a preliminary agreement with a group of investors holding some of its $1 billion 2024 international bond, ...

Nigeria, like Iran and Venezuela, has become a target of the United States’ increasingly aggressive foreign policy under ...

Abebe Aemro Selassie is set to part ways with the International Monetary Fund (IMF) in the coming May, retiring from his post ...

The AU, as a continental body that seeks to reflect the vision of a united and self-reliant Africa through peace and security ...

Djibouti's growth remains steady, driven by robust port activity, amidst latent tensions in the region.Accelerating fiscal consolidation by mobilizing ...

China's Foreign Minister Wang Yi met with Ethiopian Prime Minister Abiy Ahmed on Thursday and called for greater cooperation ...

Ethiopia's sole Eurobond rose sharply after the government reached an agreement in principle with bondholders on a restructuring plan that would impose a 15% haircut on the defaulted debt, according ...

Ethiopia has reached agreement in principle with Ad Hoc Committee of its Eurobond holders on principal financial terms of ...

Ethiopia's international bond rose following a preliminary restructuring deal with bondholders. The agreement involves a 15% writedown and requires IMF approval. The bond's value increased 2.8 cents ...

The Ministry of Finance ("MoF") of the Federal Democratic Republic of Ethiopia ("Ethiopia") announces today that between 23 December and ...

Ethiopia's sole international bond gained value after the government announced a preliminary restructuring deal with ...