Ethiopia celebrated the first anniversary of its macroeconomic reform program on Tuesday, July 29,...

A new comprehensive study highlights the urgent need for a Credit Guarantee Fund to...

In an unusual decision, the Ethiopian government opted not to accept the full amount of funds offered by bidders in the recent Treasury bill (T-bill) auction, despite receiving significantly higher bids than expected. The results, announced two days after the auction, also indicated a decline in yields. The National Bank of Ethiopia (NBE), which conducts these auctions on behalf of the Ministry of Finance (MoF), released the results on Friday, July 25. The data revealed strong demand for short-term maturities, specifically the 28-day and 91-day T-bills, which far exceeded the government's initial offerings. Bidders proposed 10.4 billion birr for the 28-day T-bills and 15.9 billion birr for the 91-day bills, compared to the government’s original offers of 221.7 million birr and 3.2 billion birr, respectively. In contrast, demand for longer-term maturities, such as the 182-day and 364-day...

A recent report by the United Nations Conference on Trade and Development (UNCTAD) highlights...

Nyala Insurance S.C. (NISCO) has signed a memorandum of understanding with Global Bank Ethiopia...

As Ethiopia stands at yet another dangerous crossroads, the specter of renewed war between the federal government and the...

As Africa’s economies strive to recover and grow following a series of unprecedented global shocks, the continent finds itself...

In today’s rapidly unraveling global system, two forces—crony capitalism and the so-called “deep state”—have forged what can only be...

In the world of economic policy, few decisions are as consequential—or as fraught with risk—as the devaluation of a...