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Ethiopians Baffled by Trump Renaissance Dam Remarks
US President Donald Trump’s jibe at Ethiopia concerning its USD five billion hydropower dam scheme on one of the main tributaries of the Nile...
IMF Pushes Ethiopia to Remove FX Restrictions
The International Monetary Fund (IMF) is urging the Ethiopian government to remove exchange rate restrictions on capital account transactions—restrictions it says bring up the...
World Bank Beefs up Taskforce in Ethiopia
As Ethiopia struggles to maintain the tempo of its economic reforms and avoid austerity-induced chaos, the World Bank Group has deployed a large number...
Nearly 12 million Refugees Losing Access to UNHCR Assistance
A report published on Friday revealed that following major cuts to humanitarian budgets, up to 11.6 million refugees and asylum seekers risk losing access...
Ethiopia Risks Jeopardizing Foreign Financing after World Bank Classification Suspension
WB Ethiopia office points to incongruences in parallel and official forex rates Difficulties in determining average foreign exchange rates have led the World Bank...
A House Made of BRICS of Many Colors, Sizes and Shapes: Will it Stand?
As the leaders of BRICS member states gathered in Brazil for the bloc’s 17th annual summit this week, Washington threatened to levy a 10-percent...
OCHA Warns about Rising Global Food Insecurity
In what it dubs a ‘hyper-prioritized report’, the UN Office for the Coordination of Humanitarian Affairs (OCHA) warns that nearly 300 million people around...
Africa Needs Continental Energy Policy Framework: Experts
African experts and policy makers have joined voices in calling for a continental energy security policy framework they argue is necessary for the continent’s...
GERD Inauguration Scheduled for September 2025
PM extends invitations to leaders of Egypt, Sudan, other Nile riparian countries After more than a decade of construction, the Grand Ethiopian Renaissance Dam (GERD)...
Medrek decries narrowing political space
- Coalition announces ongoing preparations to VIE for 2026 elections With general elections looming large, Medrek - a Coalition of four political parties sounded the...
