• 3 days ago

BY FINANCIAL TIMES The IMF is poised to approve a loan of almost $3bn for Ethiopia as part of a program to provide balance of payments support for the cash-strapped economy as well as technical assistance for the government’s liberalization agenda. The loan, which still needs IMF board approval, has been agreed by staff after… The post IMF to Approve $3 Billion Loan for Ethiopia appeared first on TesfaNews.

  • 4 days ago

“I accept this award on behalf of my partner and comrade in peace Isaias Afwerki whose good will, trust and commitment were vital in ending the two decade deadlock between our countries.” BY BLOOMBERG Ethiopian Prime Minister Abiy Ahmed, who won the Nobel Peace Prize for forging an end to almost two decades of conflict… The post Prime Minister Abiy Ahmed Receives the Nobel Peace Prize appeared first on TesfaNews.

  • 5 days ago

BY FOOTBALL 265 Eritrea got their CECAFA Senior Challenge cup campaign onto a flyer, after picking up a 1-0 victory over Burundi in their group A encounter. What was on paper a fixture tilted in Burundi’s favor, turned out to be by far the most one sided game of the tournament, as Eritrea were dominant… The post Eritrea Beats Burundi 1-0 in CECAFA Tournament appeared first on TesfaNews.