Investors holding Ethiopia's defaulted bond said the latest International Monetary Fund report contains "significant flaws" ...

The salvo is the latest battle between the creditor committee, the IMF and Ethiopia over whether the country is facing a ...

Investors holding Ethiopia's defaulted bond said the latest International Monetary Fund report contains "significant flaws" ...

Investors in Ethiopia’s defaulted dollar bond have accused the IMF of exaggerating how much debt relief the country needs, ...

Under the theme "Justice for Africans and People of African Descent Through Reparations", this year's 55-member gathering ...

ADDIS ABABA, Feb. 16 (Xinhua) -- As deep-rooted scars of transatlantic slavery and colonization still harm Africa, the 1.5 billion-populated continent is heading toward unity, self-determination, and ...

Africa’s largest oil producer, home to over 200 million people, has witnessed a worsening economic downturn in 10 years, with ...

In its latest monthly forecast update, the International Monetary Fund (IMF) is optimistic on the U.S. economy for 2025. Shared Jan. 17, IMF’s report projects that U.S. real GDP in 2024 was 2.8%. It ...

Donald Trump’s attempt to align foreign aid with his America First policy is too blunt and will have deadly consequences.

BY ANDUALEM SISAY GESSESSE – African leaders and the African Union Commission (AUC) are urged to advance justice and ...

Ethiopia is close to finalizing debt restructuring talks under the G20's Common Framework The country defaulted on its $1 billion Eurobond in 2023 and has been negotiating with creditors The IMF ...

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), acknowledged the challenges of Ethiopia's ongoing macroeconomic reforms, describing them as "tough" and noting that ...