Finance

Highlights: The new agreement in FFD3 Addis Ababa Conference

Countries on Wednesday agreed on a series of bold measures to overhaul global finance practices and generate investments for tackling…

What makes the FFD3 Conference in Addis a big deal?

“This year, we can make history by adapting an ambitious, sustainable development agenda and a universal climate agreement. But without…

Ethiopia: IMF projects 8.7% growth, urges for more private sector role

IMF projects Ethiopia to grow 8.7% and 8% for the current and the next fiscal years, respectively. Whereas, the World…

Watchdog: Roads Authority prone to corruption and overruns

The Federal Ethics & Anti-Corruption Commission (FEACC), revealed that it found the contracting practices of Ethiopian Roads Authority (ERA) vulnerable…

British police investigating Eritrean Embassy for money extortion

The Metropolitan police are examining allegations that the Eritrean embassy in London is illegally using a controversial diaspora tax to…

Ethiopia to establish a Secondary Capital Market in a Year

Ethiopia is set to establish a Secondary Capital Market for local currency and Treasury bills in about a year.  “Foreign…

MasterCard sets up shop in Somalia, starts issuing Credit Cards

(Matina Stevis) MasterCard Worldwide this week started issuing credit cards in Somalia in a bid to tap the $1.6 billion…

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