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Robust Air Connectivity Crucial to Realize AfCFTA, Says Transport and Logistics Minister

2025-04-25 by EthioStockMarket.com Reporter

The African Continental Free Trade Area (AfCFTA) will only thrive if supported by robust air connectivity, Transport and Logistics Minister Alemu Sime said. Speaking at the first Ethiopian Aviation …

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24th Horn of Africa Initiative Ministerial Meeting Convenes in Washington

2025-04-25 by EthioStockMarket.com Reporter

The Horn of Africa Initiative (HoAI) convened its 24th Ministerial Meeting today, marking a significant moment as Ethiopia concludes its chairmanship under the leadership of Minister Ahmed Shide. The …

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President of Asian Infrastructure Investment Bank Commends Ethiopia’s Economic Transformation

2025-04-25 by EthioStockMarket.com Reporter

Ethiopian delegation led by Finance Minister Ahmed Shide, met with the President Jin Liqun of the Asian Infrastructure Investment Bank (AIIB) on the margins of the 2025 IMF/World Bank Spring Meetings …

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Sub-Saharan Africa must lift revenue to ride out global turbulence – IMF Africa head

2025-04-25 by EthioStockMarket.com Reporter

Sub-Saharan African economies should work to increase their domestic revenue collection to avoid having to take on debt amid "turbulent global conditions", International Monetary Fund Africa Director …

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‘Death is everywhere’: Sudan camp residents shelter from attacks

2025-04-25 by EthioStockMarket.com Reporter

One person in the Zamzam camp described the situation as "catastrophic" while another said things were "dire". More than 100 civilians, among them at least 20 children and a medical team …

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Nigeria, Sub-Saharan African Nations to Pay $20bn Interests to External Creditors in 2025 – World Bank

2025-04-25 by EthioStockMarket.com Reporter

The World Bank has said that Nigeria and other countries in Sub-saharan Africa will pay a total of $20 billion as interests on debts to their external creditors, three-quarters of which is owed to …

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Kenya set to surpass Ethiopia as East Africa’s largest economy in 2025 – IMF

2025-04-25 by EthioStockMarket.com Reporter

Kenya has demonstrated relative macroeconomic resilience. The Kenyan shilling appreciated by 21% in 2024, becoming the world’s best-performing currency, according to market analysts.

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Mass displacement, horrific eyewitness accounts follow Sudan camp attack

2025-04-25 by EthioStockMarket.com Reporter

An eyewitness who survived the assault in Zamzam camp, which was attacked last Friday by the Rapid Support Forces (RSF), described walking over dismembered body parts and past incinerated …

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World Bank: Nigeria, Sub-Saharan Africa to Pay $20bn Debt Interest in 2025

2025-04-25 by EthioStockMarket.com Reporter

Sub-Saharan Africa, including Nigeria, will pay $20bn in debt interest in 2025, largely owed to private creditors, World Bank Says.

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Ethiopian Airlines: Pakistan’s ‘Look Africa Vision’ can be advanced: envoy

2025-04-25 by EthioStockMarket.com Reporter

The Ethiopian Ambassador highlighted that Pakistan’s "Look Africa Vision" can be advanced through Ethiopian Airlines. He shared that after launching flights from Karachi, the airline will soon begin …

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Ethiopian Airlines CEO Highlights Power of Collaboration to Elevate African Aviation

2025-04-25 by EthioStockMarket.com Reporter

The first Ethiopian Aviation Forum is underway in Addis Ababa. Opening the forum, Ethiopian Airlines Group CEO Mesfin Tasew emphasized the aviation industry’s pivotal role in driving Africa’s growth …

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Ethiopia’s inflation rate to decline to 10% in 2025/2026 fiscal year

2025-04-25 by EthioStockMarket.com Reporter

Ethiopia’s inflation is expected to decline to 10% in the coming financial year, the country’s central bank chief Mamo Mihretu said on Thursday, the lowest level in a decade thanks to the government’s …

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Star Alliance’s member airlines will enjoy seamless coordination

2025-04-25 by EthioStockMarket.com Reporter

Star Alliance has been a brand with global recognition silently enabling effortless interline journeys for member airlines.

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Ethiopia’s inflation rate to decline to 10% in 2025/2026 fiscal year

2025-04-25 by EthioStockMarket.com Reporter

NAIROBI/WASHINGTON, April 24 (Reuters) – Ethiopia’s inflation is expected to decline to 10% in the coming financial year, the country’s central bank chief Mamo Mihretu said on Thursday, the lowest …

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Ethiopia’s inflation rate to decline to 10% in 2025/2026 fiscal year

2025-04-25 by EthioStockMarket.com Reporter

NAIROBI/WASHINGTON, April 24 (Reuters) – Ethiopia’s inflation is expected to decline to 10% in the coming financial year, the country’s central bank chief Mamo Mihretu said on Thursday, the lowest …

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A Planned E.U. Rule Has Coffee Growers in Ethiopia Scrambling

2025-04-24 by EthioStockMarket.com Reporter

The measure will require geolocation data to show that beans aren’t linked to deforestation. Farmers say they need more time to prepare.

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Ethiopia Revitalizing Manufacturing Sector Through the Let Ethiopia Produce Initiative

2025-04-24 by EthioStockMarket.com Reporter

Ethiopia has become preferred destination in the manufacturing sector because of government facilitation of efficiency-enhancing investment solutions including industrial parks that are ready for …

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Ethiopia Revitalizing Manufacturing Sector Through the Let Ethiopia Produce Initiative

2025-04-24 by EthioStockMarket.com Reporter

Ethiopia has become preferred destination in the manufacturing sector because of government facilitation of efficiency-enhancing investment solutions including industrial parks that are ready for …

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New Airport City to Transform Ethiopia’s Economy, Aviation Industry

2025-04-24 by EthioStockMarket.com Reporter

In a bold move to cement its status as Africa’s aviation powerhouse, Ethiopian Airlines Group is preparing to launch ‘Bishoftu Airport City’. The new airport is a mega aviation hub, poised to become …

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