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Tag Archives: Ethiopia

Ethiopia Secures $1.5bn World Bank Deal For Economic Stability

ETHIOPIA’S House of Peoples’ Representatives (HoPR), the lower chamber of parliament, approved $1.5bn in financial agreements with the World Bank’s International Development Association (IDA) on Wednesday. These agreements are set to bolster the country’s economic reform efforts. The financial package includes a $1bn grant and a $500 million concessional loan, …

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Death Toll From Ethiopia Landslide Climbs to 146

  The death toll from Monday’s landslide in southern Ethiopia has risen to 146, local government officials said on Tuesday. The deadly landslide occurred on Monday morning at around 10:00 a.m. local time (0700 GMT) in southern Ethiopia’s Geze Gofa district. The deaths included 96 males and 50 females, Gofa …

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Ethiopia’s Coffee Exports Yield $835m Revenue In 9 Months

ETHIOPIA’S coffee exports have surged, bringing in $835 million in revenue over the past nine months, reports the Ethiopian Coffee and Tea Authority (ECTA). During the first nine months of the Ethiopian 2023/24 fiscal year, which began on July 8, the East African nation exported a total of 174,596 tons …

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President Tinubu Departs Addis Ababa For Abuja

PRESIDENT Bola Tinubu, on Monday, departed Addis Ababa, Ethiopia, the venue of the 37th Ordinary Session of the Assembly of the Africa Union (AU), for Abuja. Newsextra24 reports that Tinubu, the Chairman of the West Africa bloc, ECOWAS, was recently appointed as the champion for Health by the AU. While in Ethiopia, the …

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