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Published on 10:49 GMT

Ethiopia secures $1.7 billion from Chinese investors to boost energy and mining ectors

Ethiopia has signed investment deals worth over $1.7 billion with Chinese companies to develop its energy and mineral sectors, the Finance Ministry announced on Tuesday. The agreements were finalized during a two-day investment conference in Addis Ababa …

Source: Daily Times - Center-left
Published on 10:52 GMT

Ethiopia secures $1.7 billion in energy and mineral deals with Chinese investors

Listen to article WORLDWIDE: Ethiopia has secured over $1.7 billion in new investment commitments for its minerals and energy sectors, mostly from Chinese companies, the country’s finance ministry said late Tuesday. The agreements were signed during a two- …

Source: The Express Tribune - Indeterminate
Published on 13:15 GMT

Ethiopia secures $1.7bn in minerals investment

ETHIOPIA has secured investment deals worth more than $1.7bn for its minerals and energy sectors, predominantly with Chinese firms, said Reuters citing the country’s finance ministry announced yesterday. The agreements were finalised during a two-day …

Source: Miningmx - Pending
Published on 14:23 GMT

Ethiopia agrees minerals, energy deals worth $1.7bn, chiefly with Chinese firms

Ethiopia has signed investment deals for its minerals and energy sectors worth more than $1.7-billion, mostly with Chinese firms, its finance ministry said. The East African nation, which struck a four-year, $3.4-billion program deal with the International …

Source: Engineering News - Neutral
Published on May 13, 2025

Ethiopia auctions dollars to deal with forex chaos as Kenya's reserves hit KSh 1...

Ethiopia is facing sharp disparities with the birr trading at around 124 birr per dollar at the state bank, 130–134 birr at private banks, and over 150 birr at forex bureaus The National Bank of Ethiopia (NBE) introduced bi-weekly US dollar auctions which …

Source: TUKO - Neutral
Published on May 13, 2025

Ethiopia Accelerates Transition to Private Sector-Led Growth with New PPP Framework

Addis Ababa, May 13, 2025 (ENA) -- Ethiopia is undergoing a significant economic transformation, shifting decisively towards a private sector-led growth model, a key message delivered during a high-level session on Public Private Partnerships (PPP) and …

Source: Ethiopian News Agency - Gov't Propaganda
Published on May 10, 2025

No funds without reform: IMF denial highlights South Sudan’s accountability crisis.

By Kuir Mayen Kuir April 29, 2025, News reaching Juba once again dimmed hopes for economic recovery. The International Monetary Fund (IMF) has denied South Sudan access to additional loans, citing persistent corruption, misuse of previous funds, and …

Source: Number One Citizen Daily - Neutral
Published on May 9, 2025

Ethiopia's Economic Growth Spurs Interest from Pakistani Investors: Ambassador Atif Sharif Mian

Addis Ababa, May 9, 2025 (ENA) --- Pakistan and Ethiopia are forging stronger bilateral ties through increased collaboration in key sectors such as aviation, trade, education, and information technology. Atif Sharif Mian, Pakistan’s Ambassador to Ethiopia …

Source: Ethiopian News Agency - Gov't Propaganda
Published on May 12, 2025

Donald Trump's AfDB plan leaves Kenya, other African countries in funding headac...

President Donald Trump's administration has proposed a $555 million cut in U.S. contributions to the African Development Bank (AfDB) The African Development Fund finances critical projects in health, agriculture, infrastructure, and climate resilience …

Source: TUKO - Neutral
Published on May 12, 2025

Africa’s debt crisis talks to center on need for global reform

The continent’s debt picture in the last half decade has been dominated by sovereign defaults by Ghana and Zambia, as well as poor fiscal health in leading economies such as Ethiopia and Angola. The International Monetary Fund and the G20’s Common …

Source: Semafor - Neutral
Published on May 2, 2025

IMF Funds in Ethiopia Allegedly Used for Military Purchases by Abiy Ahmed

Recent reports suggest that the International Monetary Fund (IMF) money provided to Ethiopia is being used to procure arms. This is a significant concern, as many believe that this financial assistance should promote economic stability and development …

Source: Zehabesha - Indeterminate
Published on May 9, 2025

BRICS nations and Israel: Hype, Hope and Helplessness

Patrick Bond Bond A bond is a stake in a debt issued by a company or governmental body. The holder of the bond, the creditor, is entitled to interest and reimbursement of the principal. If the company is listed, the holder can also sell the bond on a stock …

Source: CADTM - Left-wing
Published on May 1, 2025

Reflection on Ethiopia’s external debt with figures

External debt (money owed to foreign creditors) has been on the rise globally over the past years. Sovereign and corporate bond borrowing in 2024 has reached 25 trillion nearly three times the 2007 level, according to Global Debt Report 2025 released …

Source: New Business Ethiopia - Pending
Published on Sep 29, 2024

Following forex liberalization Ethiopia set to access IMF’s $345 million

BY YANET FANTAYE WOGAYEHU – As part of the recent four-year US$ 3.4 billion Extended Credit Facility (ECF) arrangement reached between the International Monetary Fund (IMF) and the Government of Ethiopia, the latter is set to access $345 million from the …

Source: New Business Ethiopia - Pending
Published on Sep 22, 2024

Impact of Ethiopia’s IMF-backed forex floating on consumer

BY YANET FANTAYE WOGAYEHU – As Ethiopia grapples with rising inflation and internal conflicts, consumers are closely watching for signs of relief following the government’s July decision to introduce a floating foreign exchange (forex) rate. In addition to …

Source: New Business Ethiopia - Pending
Published on Jul 29, 2024

Ethiopia devalues its Birr 31 percent

The Government of Ethiopia today announced liberalization of the forex market, which immediately resulted in about 31 percent devaluation of the country’s currency – Birr against major currencies. Following today’s implementation of the new directive that …

Source: New Business Ethiopia - Pending
Published on Feb 14, 2024

Why China Does Not Have “Imperialistic Intentions” in Africa

Speaking at an event earlier this month, former Greek finance minister Yanis Varoufakis was confronted with a reporter who slammed China’s economic and political activities in Africa. She argued that China, which is expanding its influence in Africa …

Source: Disruption Banking - Pending
Published on Nov 23, 2023

Germany to invest 4 billion euros in Africa’s green energy

The government of Germany has pledged to invest 4 billion euros in Africa’s green energy until 2030. German Chancellor Olaf Scholz made the announcement at a press conference in Berlin after meeting African leaders and heads of international organisations …

Source: New Business Ethiopia - Pending
Published on Oct 10, 2023

G-24 calls for urgent multilateral system reform

By Andualem Sisay Gessesse (Marrakech, Morocco)- The Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development (G-24) today called for an urgent need for reform of the multilateral system to address global challenges. At the …

Source: New Business Ethiopia - Pending

05 days 12:11:51

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Published on May 13, 2025 - 17:46 GMT

IMF Approves Major Funds for Bangladesh Amid Reform Progress

(MENAFN) The International Monetary Fund (IMF) has approved the disbursement of the next two installments, totaling $1.3 billion, of its $4.7 billion loan to Bangladesh. The funds are set to be released in June. This move comes after a series of …

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Published on May 6, 2025 - 19:35 GMT

ECCB Governor Identifies Priority Areas for Increased Collaboration With the IMF Amid Global Uncertainty

ECCB Governor Identifies Priority Areas for Increased Collaboration With the IMF Amid Global Uncertainty BASSETERRE, SAINT KITTS AND NEVIS, May 6, 2025 /⁨EINPresswire.com⁩/ -- Governor of the Eastern Caribbean Central Bank (ECCB), Timothy N.J. …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on May 12, 2025 - 09:53 GMT

Ukraine debt discussions unsuccessful

(MENAFN) Ukraine's government announced on Thursday that it has been unable to reach an agreement to restructure approximately $2.6 billion in debt, raising the risk of a default if it cannot make a scheduled payment by the end of May. A group of GDP …

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Published on May 9, 2025 - 12:58 GMT

Minister Mmamoloko Kubayi: 15th Commonwealth Regional Conference of Heads of Anti-Corruption Authorities

Programme Director, Secretary-General of the Commonwealth, the Hon Shirley Botchwey, Minister of Justice and Constitutional Development, Ms Mmamoloko Kubayi, Ministers and Deputy Ministers, Members of the Judiciary, Heads of Commonwealth Africa Anti- …

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Published on April 24, 2025 - 09:34 GMT

US Treasury Demands IMF, World Bank to Recommit to Original Mandates

(MENAFN) During a speech at the Institute of International Finance's Global Outlook Forum in Washington, D.C., US Treasury Secretary Scott Bessent encouraged both the International Monetary Fund (IMF) and the World Bank to redirect their attention …

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Published on April 23, 2025 - 09:03 GMT

US lawmakers want to block IMF assistance to Central Africa

(MENAFN) US lawmakers have introduced a bill to prevent International Monetary Fund (IMF) support for certain Central African countries in response to a controversial regulation imposed by local fiscal authorities on foreign oil companies. The regulation, …

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Published on April 23, 2025 - 07:55 GMT

Chief IMF Economist Says Global Economy is Entering New Era

(MENAFN) The international economy is entering a transformative phase, marked by historically high tariff rates, a level not witnessed in nearly 100 years, according to the chief economist of the International Monetary Fund (IMF), Pierre-Olivier Gourinchas …

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Published on April 23, 2025 - 07:54 GMT

IMF declares world economic order experiencing huge ‘reset’

(MENAFN) The International Monetary Fund (IMF) has revised its global economic forecast downward, warning that the world economy is entering a period of major structural change driven by escalating trade tensions and policy shifts from the United States. …

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Published on May 14, 2025 - 14:26 GMT

Jakub Leps Promoted to General Manager of Newsmatics Data Sciences

Leps to lead strategy and operations at the forefront of data innovation WASHINGTON, DC, UNITED STATES, May 14, 2025 /⁨EINPresswire.com⁩/ -- Newsmatics, a news technology company known for its suite of innovative digital media products, is proud …

Distribution channels: Agriculture, Farming & Forestry Industry, Amusement, Gaming & Casino ...
Published on May 14, 2025 - 13:44 GMT

Amidst Global Rollback of Women's Rights, Elevate Prize Foundation Pledges $1M to Equality Now Over the Next Decade

MIAMI, FL, UNITED STATES, May 14, 2025 /⁨EINPresswire.com⁩/ -- Equality Now, along with their Global Executive Director, S. Mona Sinha, has been awarded the 2025 Elevate Prize Founder’s Award in recognition of the organization’s transformative …

Distribution channels: Culture, Society & Lifestyle, Human Rights ...
Published on May 14, 2025 - 12:45 GMT

The Colors of Spring Concert - May 20 @ 8 PM in New York City

The North/South Chamber Orchestra, directed by Max Lifchitz, celebrates spring performing music by composers from Canada, China, and the Americas. NEW YORK, NY, UNITED STATES, May 14, 2025 /⁨EINPresswire.com⁩/ -- The North/South Chamber …

Distribution channels: Culture, Society & Lifestyle, Education ...
Published on May 14, 2025 - 12:45 GMT

Lei Comerford Honored Nationally by Top Coach Awards as 2025 Top Coach in America

— Lei Comerford, PCC, founder of Lei Comerford Consulting, LLC, has been nationally recognized by Top Coach Awards as one of 2025’s Top Coaches in America. NASHVILLE, TX, UNITED STATES, May 14, 2025 /⁨EINPresswire.com⁩/ -- Lei Comerford, PCC, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 14, 2025 - 12:00 GMT

LuggageToShip.com Expands AI TravelTech Platform with PayToMe.co to Redefine Global Shipping and Payments

Backed by Hatcher+ and Startupbootcamp, PayToMe.co powers LuggageToShip.com’s growth with patented mobile payments, embedded finance, and compliance tools. NEW YORK, NY, UNITED STATES, May 14, 2025 /⁨EINPresswire.com⁩/ -- As college moves, family …

Distribution channels: Amusement, Gaming & Casino, Automotive Industry ...
Published on May 14, 2025 - 09:44 GMT

Education Above All Foundation Condemns Recent Bombing Of Myanmar School As Grave Violation of International Law

Education Above All Foundation Condemns Recent Bombing Of Myanmar School As Grave Violation of International Law DOHA, QATAR, May 14, 2025 /⁨EINPresswire.com⁩/ -- The Education Above All (EAA) Foundation, a global foundation for education and …

Distribution channels: Education, International Organizations ...
Published on May 14, 2025 - 09:33 GMT

Why Hostinger's IP Leasing Strategy is Setting New Standards in the Hosting Industry

Discover how Hostinger reduced IP infrastructure costs by 70-80% through strategic leasing with an IP address management platform. LONDON, UNITED KINGDOM, May 14, 2025 /⁨EINPresswire.com⁩/ -- Hostinger, a Financial Times FT 1000 company for six …

Distribution channels: Business & Economy, IT Industry ...
Published on May 14, 2025 - 08:00 GMT

Wireless Broadband Alliance Services Launches Commercial AFC Service, Enabling Standard Power Wi-Fi in 6 GHz Band ...

FCC-certified cloud-based platform drives spectrum innovation for infrastructure providers, network operators and enterprises in high-performance use cases, while protecting incumbent spectrum operations across the U.S. LONDON, UNITED KINGDOM, May 14, …

Distribution channels: Business & Economy, IT Industry ...
Published on May 14, 2025 - 07:40 GMT

Speak Up Africa galvanizes private sector engagement to accelerate malaria-elimination efforts in Africa

The Change the Story campaign and report amplifies the voices of women and girls and mobilizes the African private sector to accelerate malaria elimination. ABIDJAN, IVORY COAST, May 14, 2025 /⁨EINPresswire.com⁩/ -- On the sidelines of the Africa …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on May 14, 2025 - 07:22 GMT

ANY.RUN Exposes Tycoon 2FA’s Evolving Evasion Tactics to Beat Defenses in Corporate Phishing Attacks

DUBAI, DUBAI, UNITED ARAB EMIRATES, May 14, 2025 /⁨EINPresswire.com⁩/ -- ANY.RUN, a leading provider of interactive malware analysis and threat intelligence solutions, has released a detailed report on the evolution of Tycoon2FA, a phishing-as-a- …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on May 14, 2025 - 06:34 GMT

MetaComp Launches StableX to Redefine Cross-Border FX Payments Powered by Stablecoins

Now on CAMP, StableX powers 24/7 FX for major and exotic currencies—next-gen infrastructure built for the Web2.5 payment era and global payment flows. SINGAPORE, SINGAPORE, SINGAPORE, May 14, 2025 /⁨EINPresswire.com⁩/ -- MetaComp, a Major …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 14, 2025 - 06:24 GMT

MotusAcademy and European Rehabilitation Robotics School Sign Landmark MOU to Advance Global Rehabilitation Education

The partnership launches monthly webinars, hands-on workshops, and open-access resources (2025–2030) to democratise rehabilitation robotics education worldwide. ROME, ITALY, May 13, 2025 /⁨EINPresswire.com⁩/ -- MotusAcademy and the European …

Distribution channels: Education, Healthcare & Pharmaceuticals Industry ...
Published on May 14, 2025 - 04:30 GMT

IntouchCX Global COO Dishant Bhojwani Honored with Grand Stevie® for Innovative Customer Service & Thought Leadership

IntouchCX celebrates 12 Stevie® wins as Chief Operating Officer Dishant Bhojwani earns top individual honors CAIRO, EGYPT, May 14, 2025 /⁨EINPresswire.com⁩/ -- IntouchCX proved once again that great leadership fuels great brands, collecting 12 …

Distribution channels: Business & Economy, IT Industry ...
Published on May 14, 2025 - 04:30 GMT

IntouchCX Global COO Dishant Bhojwani Honored with Grand Stevie® for Innovative Customer Service & Thought Leadership

IntouchCX’s leadership and innovation shine with 12 Stevie® Awards, including Grand Stevie® recognition for COO Dishant Bhojwani. MANILA, PHILIPPINES, May 14, 2025 /⁨EINPresswire.com⁩/ -- IntouchCX proved once again that great leadership fuels …

Distribution channels: Business & Economy, IT Industry ...
Published on May 13, 2025 - 21:26 GMT

Breaking the Cycle: New Book America’s Greatest Curse Challenges Men to Reverse Generational Trauma

Author Reginald Poydras Shares a Powerful Call to Fathers: Become a Curse Breaker, Not a Curse Perpetuator SAN FRANCISCO, CA, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- In his compelling new book, America’s Greatest Curse: The Absentee …

Distribution channels: Aviation & Aerospace Industry, Education ...
Published on May 13, 2025 - 21:08 GMT

DRC Ventures Partners with ELYSIAN to Celebrate 10 Years of Women Inspiring Women at Star-Studded Celebration

SPARTANBURG, SC, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- DRC Ventures, in collaboration with ELYSIAN, co-hosted a powerful celebration this past weekend to honor ELYSIAN’s 10th anniversary. Held at the private estate of ELYSIAN Founder, …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on May 13, 2025 - 19:29 GMT

AMMWEC President Anila Ali Named As Recipient of IRF Builders Award

WASHINGTON, DC, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- The American Muslim and Multifaith Women’s Empowerment Council (AMMWEC) is proud to announce that our Founder and President, Ms. Anila Ali, has been named as a recipient of this …

Distribution channels: Banking, Finance & Investment Industry, Book Publishing Industry ...
Published on May 13, 2025 - 19:22 GMT

United for Impact: UCP Leaders Gather to Strengthen Services and Celebrate Progress

Advocacy and innovation took center stage as United Cerebral Palsy leaders convened to strengthen programs and opportunities for people with disabilities. VIENNA, VA, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- United Cerebral Palsy (UCP), …

Distribution channels: Conferences & Trade Fairs, Culture, Society & Lifestyle ...
Published on May 13, 2025 - 19:12 GMT

Raad Ghantous & Associates Rides with Purpose as Sponsor of the Distinguished Gentleman’s Ride – Orange County 2025

Creative entrepreneur Raad Ghantous joins global ride for men’s health as he prepares to debut a lifestyle platform focused on Gen X reinvention HUNTINGTON BEACH, CA, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- Raad Ghantous & …

Distribution channels: Building & Construction Industry, Culture, Society & Lifestyle ...
Published on May 13, 2025 - 19:09 GMT

Catalyst Advisors LP Promotes Andrew MacBride Brown to Principal

NEW YORK, NY, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- Catalyst Advisors, the leading global boutique executive-recruitment firm specializing in the life-sciences sector, is pleased to announce the promotion of Andrew (AJ) MacBride Brown …

Distribution channels: Business & Economy, Companies ...