Ethiopian Prime Minister Abiy Ahmed has appointed Mamo Mihretu, the former head of the sovereign wealth fund, as the new governor of the country’s ... central bank at a critical time for the economy. Can he face down inflation and help steer the engagement with the IMF?
Ethiopia is on the cusp. Since Prime Minister Abiy Ahmed came into office in April 2018, Ethiopia has laid down a series of reforms, most notably ... softening its stranglehold of key sectors of the economy, namely aviation, logistics, telecoms and energy. But there is a prelude to all this.
The number of African artists and creatives working across the continent and its diaspora is rising. This number includes those doing remarkable ... work to meet the times, reshaping aesthetics and style, overturning stereotypes, and engaging social and cultural issues across Africa today. We look at the top 20 young creative minds across the continent and beyond.
The American aircraft manufacturer, Boeing, has been summoned to a court today in Texas, having been accused of having allegedly let fly a 737 ... MAX aircraft with defective software. Two of those aircraft crashed, one in Indonesia in 2018 and the other in Ethiopia a year later.
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In an effort to embrace the post-Covid era, China is progressively opening up to the rest of the globe. Economic recovery is crucial, and while ... the US and Europe are showing a lot of rekindled interest, China wants to stake out the alliance and assure African nations, such as Ethiopia, that it intends to stay there and expand on what it has already begun.
Protecting debt-laden African countries from painful cuts to social services is top of mind for the World Bank and International Monetary Fund ... heading into the new year, the IMF chief told reporters in Washington.
To bring music streaming into the hearts and minds of Africans throughout the continent, Jocelyn Muhutu-Remy, the talented Franco-Rwandan media ... figure raised in Addis Ababa, summons her cosmopolitan experience to achieve the many goals she's both accomplished and sought to realise at Spotify.
As Ethiopia battles the economic consequences of the coronavirus and the war in the Tigray region, speculation abounds that the country will ... require a bailout from the International Monetary Fund (IMF) to avert a sovereign debt default.