World Bank signs additional $100 million loan agreement with Ethiopia – eNCA

ADDIS ABABA – The World Bank (WB) has signed an additional $100 million loan agreement with Ethiopia to improve food security in the country. The financing will enable the Productive Safety... Read more »

Visiting drought-hit region of Ethiopia, Ban urges support to Government-led humanitarian efforts – UN News Centre

31 January 2016 – The international community must stand with the people of Ethiopia in their time of need, Secretary-General Ban Ki-moon said today, urging donors gathered in Addis Ababa to... Read more »

Ethiopia’s Economic Miracle Is Running Out of Steam

Just over 30 years ago, Ethiopia’s famine regularly made the news. Gruesome accounts of up to a million deaths stemming from drought and civil war captured the attention of aid agencies, sympathetic governments,... Read more »

British support for Ethiopia scheme withdrawn amid abuse allegations

The UK has ended its financial support for a controversial development project alleged to have helped the Ethiopian government fund a brutal resettlement programme. Hundreds of people have been forced from their... Read more »

World Bank: Address Ethiopia Findings

(Washington, DC) – The World Bank should fully address serious human rights issues raised by the bank’s internal investigation into a project in Ethiopia, Human Rights Watch said in a letter to... Read more »

UK aid to World Bank facilitates controversial Ethiopian plan: Report

Normal 0 false false false EN-US X-NONE AR-SA Financial aid provided by the UK to the World Bank has facilitated a controversial Ethiopian resettlement project that has ruined the livelihood of thousands... Read more »

Fitch Affirms Ethiopia at ‘B’; Outlook Stable

(The following statement was released by the rating agency) PARIS/LONDON, November 07 (Fitch) Fitch Ratings has affirmed Ethiopia’s Long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘B’. The Outlooks on... Read more »

Meles Zenawi in a row with World Bank, IMF on economic performance

In rarely strong criticism directed at the World Bank and International Monetary Fund (IMF), Prime Minister Meles Zenawi says his country’s economic performance is being called into question by the two groups... Read more »

Ethiopia Expects Decision on World Bank Funding for Nile Basin Irrigation This Week

Ethiopia expects the World Bank to decide this week whether to provide an additional $60 million of funding for an irrigation project in its Nile Basin, a Water and Energy Ministry official... Read more »
Hailemariam Desalegn

Ethiopian Economic Growth to Beat IMF Forecast, Deputy Prime Minister Says

Ethiopia’s deputy prime minister, Hailemariam Desalegn, dismissed forecasts that economic growth would slow sharply this year and next and that monetary policy was pushing up inflation, saying growth may exceed 10 percent.... Read more »