IFC Managing Director Set to Visit Ethiopia
Makhtar Diop, Managing Director of the International Finance Corporation, a member of the World Bank Group, is set to visit Ethiopia from September 1-3, 2026, the IFC said.
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Makhtar Diop, Managing Director of the International Finance Corporation, a member of the World Bank Group, is set to visit Ethiopia from September 1-3, 2026, the IFC said.
Global oil prices climbed above 91 US dollars a barrel on Tuesday after renewed fighting between the United States and Iran raised fresh concerns about energy supplies from the Gulf, increasing the cost and supply risks facing fuel-import-dependent Ethiopia. Brent crude futures reached 91.15 US dollars a barrel at 9:40 a.m. Ethiopia time, gaining 0.7...

The African Center of Statistics (ACS) at the UN Economic Commission for Africa (ECA) this week opened a five-day workshop for delegates from Botswana, Ethiopia, Sierra Leone, and Togo, aimed at giving health ministries and statistical offices the tools to show, in economic terms, that health spending is an investment, not a cost.

By Mekonnen Teshome / Kigali, Rwanda – The former Prime Minister of Ethiopia and current Board Chairperson of the Alliance for a Green Revolution in Africa (AGRA), Mr. Hailemariam Dessalegn, emphasized that Africa must scale up investments in irrigation schemes to achieve its goals of healthier diets and better livelihoods.

As Saudi Arabia is set to host a major investment summit in October, the organizer of the summit Future Investment Initiative (FII) Institute has announced a distinguished group of global leaders from across finance, investment, technology, and business who will speak at the 10th edition of the Future Investment Initiative Conference.
The Commercial Bank of Ethiopia (CBE) has signed an agreement with the Oromia Civil Registration Agency to provide its employees with collateral-free digital loans, extending the state-owned lender’s payroll-linked credit drive into Ethiopia’s largest regional state. The memorandum of understanding was signed by Chala Gemechu, director of CBE’s Bole...


The National Bank of Ethiopia (NBE) is seeking a contractor to develop a public platform that will allow consumers to compare the prices and features of financial products offered by different institutions. The regulator-led, non-commercial platform represents a shift from the current system, under which banks and other financial institutions publish their...
