Ethiopia is set to keep supporting its currency, having already spent $1.35 billion buying birr this year, an amount that ...

Even when policies are well-designed, governments in both developing and developed countries frequently struggle with effective implementation, resulting in ...

The World Bank has barred PricewaterhouseCoopers LLP network affiliates in Mauritius, Kenya and Rwanda from providing professional services for projects it finances for 21 months.

Ethiopia’s central bank orders 16 banks to submit recovery plans after failing a ...

When a war is premeditated and unprovoked, it bypasses the traditional "last resort" safeguard of diplomacy rule, turning the international order into a ...

At its summit in Arusha, it skipped South Sudan for the post of secretary-general and chose a Tanzanian diplomat instead. South Sudan’s own lawmakers said the reason was non-payment. The country owed ...

KCB Group plans to acquire a stake in an Ethiopian bank as part of its expansion strategy. The investment depends on regulatory approval in Ethiopia’s evolving banking framework. The Kenyan lender ...

Addis Ababa, March 17, 2026 (ENA) —The National Bank of Ethiopia (NBE) has accelerated financial sector reform by shifting ...

Globally, few faults would be found in contracting Ernst & Young, PriceWaterhouseCoopers (PwC), Deloitte or KPMG to audit ...

Safaricom Ethiopia has partnered with EthioPost to expand the distribution of M-Pesa mobile money services. EthioPost will act as a principal agent, using its nationwide network of post offices and ...

Sub-Saharan Africa faces a 57% construction talent gap by 2035. PMI's 2026 report reveals what's at stake for Africa's $360B ...

Floating the currency and selling off state assets could make the country a model for Africa’s closed economies.