By Karin Strohecker WASHINGTON (Reuters) -Ethiopia expects to reach a preliminary agreement on the third review of its $3.4 ...

The IMF estimates Kenya’s gross domestic product (GDP) will rise to $132 billion in 2024, overtaking Ethiopia’s expected $117 ...

Ethiopia in March reached a draft agreement with its official creditors on restructuring $8.4 billion of debt, but has been ...

Ethiopia stands at a pivotal juncture in its economic history, striving to navigate the complex landscape of global financial challenges. In this context, the Ethiopian government has undertaken ...

Kenya is negotiating an increase in electricity imports from Ethiopia by 50 to 100 megawatts (MW) to address rising domestic demand and avoid potential power ...

Ethiopia is set to reach a preliminary agreement on its $3.4 billion IMF loan program and anticipates bondholder debt talks ...

In recent years, Ethiopia has embarked on an ambitious and indigenous economic reform journey that has now gained notable recognition from global leaders. During the 2025 IMF and World Bank Spring ...

The IMF expects the Kenyan economy to grow at a slower pace of 4.81 percent compared to an earlier estimate in October, 2024.

The Ethiopian high-level delegation led by Finance Minister Ahmed Shide held discussion with the Assistant Secretary of ...

The mobile operator sold only 10.7% of shares in its initial public offering aimed at boosting the country’s struggling ...

Despite the new development, concern is still rife as global factors threaten to stifle projected development.

"We cannot get into substantive discussions, because they are waiting to see the latest DSA macro tables from the fund," he said, referring to the IMF's debt sustainability analysis. Ethiopia in ...