NAIROBI, Kenya (AP) — Ethiopia’s once rapidly growing economy is taking another hit because of its yearlong war as global clothing manufacturer PVH Corp. says it is closing its facility there because ...

The Ethiopian economy is set to expand by 7.1 percent in 2026, the International Monetary Fund (IMF) has said.

NAIROBI, Kenya (AP) — Edited. Photos NAI501-506 have been sent in for time release 0800GMT. Once home to one of Africa’s fastest-growing economies, Ethiopia is struggling as the war in its Tigray ...

Addis Abbaba, June, 22, 2025 (ENA) -- Ethiopia is in the midst of a historic economic transformation—shaped by bold policy choices, strategic investments, and a firm commitment to sustainable, ...

As the world’s fastest-growing economy last year, Ethiopia is expected to continue its spectacular economic performance under its new prime minister, Abiy Ahmed. However, he must address the country’s ...

ADDIS ABABA (AFP) – When Tadiwos Belete moved to Ethiopia from the United States a decade ago to open a luxury spa, his relatives thought he was crazy. He built an office block on a crumbling ...

Ethiopia is opening key economic sectors, including the state-owned Ethiopian Airlines and state-run telecoms, to local and international private investors. The privatization drive comes at a time ...

NAIROBI, Kenya (AP) — Ethiopia’s once rapidly growing economy is taking another hit tied to its yearlong war, with global clothing manufacturer PVH Corp. saying it is closing its facility there ...

NAIROBI – Ethiopia’s once rapidly growing economy is taking another hit tied to its yearlong war, with global clothing manufacturer PVH Corp. saying it is closing its facility there because of the ...