Looming high above the Blue Nile and stretching nearly two kilometres across, the Grand Ethiopian Renaissance Dam (GERD) has been a nation-building project and potential economic revolution 14 years ...

The inaugural ceremonies for the Grand Ethiopian Renaissance Dam (GERD) kicked off on Monday evening, with multiple events taking place ahead of Tuesday’s official inauguration. According to ...

Hollow Knight: Silksong begins with Hornet being transported by some bugs to an unknown land before having to fight and ascend her way through Moss Grotto to discover where she is and just what is ...

Mamo Mihretu has resigned as governor of the National Bank of Ethiopia after two and a half years, saying he is leaving government to “pursue other passions and tackle other challenges”. Appointed in ...

A woman walks along a dirt road inside the largest refugee camp in Mekele, capital of Tigray, Ethiopia, July 2, 2024 (Sipa photo by Ximena Borrazas via AP Images). MEKELE, Ethiopia—Lying in a hospital ...

KCB Group has initiated talks to acquire a bank in Ethiopia within the next 18 months as part of its growth and diversification strategy following Addis Ababa’s decision in June to allow foreign ...

Over the past 20 months, as multiple wars have swept across the Middle East, the southern end of the Red Sea has become a source of international concern. In the early months of 2025 alone, the United ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This Selected Issues Paper reviews Ethiopia’s transition to an interest-rate based monetary framework. For this framework ...

As the second Homegrown Economic Reform is set to conclude this fiscal year, the Ministry of Planning and Development (MoPD) has outlined Ethiopia's 2025/26 fiscal year economic outlook projecting a ...

Northern Ethiopia is growing increasingly tense two and a half years after the Tigray peace deal. Eritrea appears intent on sowing instability in the region. A new report traces how separatists have ...

Ethiopia’s Prime Minister Abiy Ahmed has said a multibillion-dollar mega dam on the Blue Nile, which has caused deep consternation to downstream neighbours Egypt and Sudan over its effect on their ...

Over the past year, Ethiopia—Africa’s second most populous country—has embarked on a comprehensive transformation of its monetary and exchange rate regimes. After decades of tight control, the country ...