Ethiopia’s birr faces further losses as the nation restructures its debt after a steep depreciation made it one of the world’s worst currencies this year.

Prime Minister Narendra Modi arrived in Addis Ababa for a two-day State visit to Ethiopia, where he was personally received by Prime Minister Abiy Ahmed Ali. The visit aims to strengthen bilateral ...

Ethiopian authorities had suspended nine DW correspondents in October, only to reinstate seven this week and permanently suspend two. DW said it was considering legal action. Germany's international ...

Eritrean President Isaias Afwerki, left, is welcomed by Ethiopian Prime Minister Abiy Ahmed at Addis Ababa International Airport, Ethiopia, July 14, 2018 (AP photo by Mulugeta Ayene). Tensions between ...

SINGAPORE: Singapore will establish an embassy in Addis Ababa, the first in East Africa and the third on the African continent, alongside Egypt and South Africa. The new embassy in Ethiopia's capital ...

Executives of Rivian Automotive Inc. are growing more confident they will be able to meet their two-pronged goal of cutting in half the cost of the company’s R2 mid-sized sport-utility vehicle versus ...

ADDIS ABABA, Ethiopia (AP) — Ethiopia on Monday confirmed three deaths from the Marburg hemorrhagic virus that has been detected in an area neighboring South Sudan. Health Minister Mekdes Daba said ...

Safaricom PLC CEO Peter Ndegwa (centre), Chief Finance Officer Dilip Pal (left) and Safaricom Ethiopia CEO Wim Vanhelleputte, during half-year results 2025/2026 in Nairobi. [ Wilberforce Okwiri, ...

Harvard economist Roland Fryer looks at whether culture is a cause or consequence of inequality. Image: Free to Choose Network Culture is one of the most underrated ideas in economics. For decades, ...

A group supporting more than a dozen schools in Westmoreland County has made moves to avoid furloughs because of the state budget impasse. The Westmoreland Intermediate Unit approved taking out a $2 ...

STOCKHOLM (AP) — Three researchers who probed the process of business innovation won the Nobel memorial prize in economics Monday for explaining how new products and inventions promote economic growth ...

When Software as a Service (SaaS) products scale, it might be tempting to think that traditional unit economics rules no longer apply. Expectations of economies of scale further fuel this notion. Yet, ...