China Inaugurates Chamber of Commerce to Africa

Addis Ababa: The establishment of China Chamber of Commerce to Africa marked a significant milestone in the economic and trade cooperation between China and Africa, China Head of Mission to the African Union, Ambassador Hu Changchun said. The Head of Mission made the remarks during the inauguration ceremony held last night in Addis Ababa. According … Read more

AfDB and IADB Renew 3.2 Billion USD Agreement to Enhance Financial Resilience

Washington DC: The African Development Bank (AfDB) has renewed a 3.2 billion U.S. dollar exposure exchange with the Inter-American Development Bank (IADB) aimed at strengthening capital efficiency, boosting development lending, and enhancing global financial resilience. According to Ethiopian News Agency, the agreement was signed in Washington DC on the sidelines of the World Bank Group … Read more

Cameroon, Chad Open New Border Bridge Paving Ways for Regional Integration

Addis Ababa: Cameroon and Chad inaugurated a bridge over the Logone River on Monday with bilateral ties deepening and paving ways to expediting regional integration. According to Ethiopian News Agency, Cameroon’s Prime Minister Joseph Dion Ngute and his Chadian counterpart Allamaye Halina presided over the inauguration of the new bridge, constructed over five years at … Read more

Ethiopia’s High-Level Delegation Discusses Debt Treatment Progress with Eurobond Holders

Addis Ababa: Ethiopia’s High-level Delegation led by Minister of Finance Ahmed Shide and Eurobond Holders met to exchange on Ethiopia’s debt treatment progress. The Ethiopian delegation attending the 2025 World Bank and IMF Spring Meetings engaged in a constructive discussion with Ethiopia’s Eurobond Holders. According to Ethiopian News Agency, the meeting focused on Ethiopia’s debt … Read more

GERD Key Catalyst for Regional Integration, Says Senior Economist

Addis Ababa: The historic Grand Ethiopian Renaissance Dam (GERD) is a key catalyst for realizing regional integration, Ethiopian Economics Association (EEA) Senior Researcher Abule Mehari said. According to Ethiopian News Agency, the senior economist noted that electricity is a very important energy which has great significance for integrating the region. For a region to have … Read more

China’s Xi Criticizes Tariff Wars During Meeting with Azerbaijan President

Beijing: Chinese President Xi Jinping declared on Wednesday that tariff and trade wars undermine the legitimate rights and interests of all countries, disrupt the multilateral trading system, and negatively impact the global economic order. This statement follows ongoing tensions between China and the United States. According to Ethiopian News Agency, President Xi made these remarks … Read more