This initiative is one of the outcomes of the national economic reform program launched by Prime Minister Abiy Ahmed in 2018, with support from the International Monetary Fund (IMF). Ethio Telecom, ...

The International Monetary Fund approved Ethiopia's $3.4 billion lending program review, enabling a $340.7 million ...

Historically, Ethiopia’s birr (ETB) has been relatively robust and stable when compared with other local African currencies. No longer the case, Ethiopia faces a preventable cost of living crisis ...

In a stunning twist of irony, the World Bank, an institution that has long advised Nigeria on its fiscal and monetary policies, recently listed the Naira among the worst-performing currencies in ...

Network operator Ethio Telecom has announced that it has begun the sale of shares to the general public. In the first round ...

Ethiopian state-owned Telecommunications Company, Ethio Telecom has announced a sales price of 300 birr ($2.54) for each of ...

The Nigerian currency has been ranked among the worst-performing currencies in Sub-Saharan Africa, moving up two places from ...

State-owned Ethio Telecom has set a share price of 300 birr ($2.54) for the 100 million shares it plans to sell via the ...

Ethiopia is seeking to raise 30 billion birr ($255 million) selling shares in a state-run wireless company, making it the ...

The Nigerian Naira has been identified as one of the worst-performing currencies in sub-Saharan Africa, depreciating ...