In an exclusive interview with New Business Ethiopia, the Managing Director of One Industry, Mr. Tsegaye Alemu, said currently the company in producing about 1200 dozens of men and children socks.

Efforts are underway to develop Ethiopia’s financial market as the government prepares to launch securities exchange in 2024.

Developing economies—which fuel 60 percent of global growth—are projected to finish the first quarter of the 21st century ...

With fragmentation, debt and political uncertainty, the global economy is set to face significant challenges in 2025, with 56% of chief economists surveyed expecting conditions to weaken, according to ...

The Executive Board of the International Monetary Fund (IMF) on Wednesday approved a 38-month arrangement for The Democratic Republic of the Congo under the Extended Credit Facility (ECF) in the ...

Premier Invest – a global investment conglomerate – is set to host a Deal Room at the upcoming Invest in African Energy (IAE) ...

BY EYERUSALEM HADGU – Since the launch of mobile banking services in Ethiopia by MBIRR in September 2015, I have spent eight ...