Ethiopia is intensifying efforts to raise foreign currency earnings by expanding exports of value-added coffee rather than ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. ADDIS ABABA, Ethiopia (AP) — Ethiopia’s ...

ADDIS ABABA (Reuters) - Ethiopia's central bank devalued the Ethiopian birr (ETB=) by 15 percent on Tuesday, its first such move in seven years to boost lagging exports. The birr was quoted by the ...

The Ethiopian government has unveiled a set of new bank notes as a part of its efforts to curb cash hoarding, illegal trade activities, and illicit financial flows in an already struggling economy.

International Monetary Fund officials are heading to Ethiopia, where the authorities face a tough decision needed to win a bailout that’s key to restructuring the nation’s debt: whether or not to ...

The gap between the Ethiopian currency’s official and parallel-market exchange rates widened to a record as foreign reserves dwindled and fighting in the country’s north resumed. On Wednesday, the ...

Lack of hard currency is the single biggest roadblock preventing faster adoption of solar energy in Ethiopia, Samson Tsegaye, the country director at the Solar Energy Foundation, tells The Africa ...

ADDIS ABABA, Ethiopia (AP) — Ethiopia’s currency lost 30% of its value Tuesday, the day after the central bank began implementing a flexible exchange rate policy backed by the International Monetary ...