The Country Partnership Framework (CPF) for Benin FY27–36 outlines the World Bank Group’s strategy to support economic transformation, resilience, and large-scale job creation aligned with Benin’s ...

After a tumultuous five-year struggle, there are signs that Ethiopia’s debt relief process may finally be nearing its end. On Monday, Addis Ababa announced th ...

White & Case and Weil, Gotshal & Manges are cementing their positions in Africa’s growing sovereign debt restructuring market, reuniting on Ethiopia's $1 billion Eurobond restructuring after facing ...

In a decade Ethiopia's economy has transformed from openly constructing a Chinese "party state" in emulation to sweeping ...

The 5.15-GW Grand Ethiopian Renaissance Dam has become Africa’s largest hydropower project, doubling Ethiopia’s power ...

Ethiopia has struck a preliminary deal with key bondholders to restructure its defaulted $1 billion international bond, the ...

Ethiopia's government said on Monday that ‌it had reached a preliminary agreement with a ​key bondholder group on the ...

According to data from Global Petrol Prices, updated for the first quarter of 2026, several African countries continue to offer electricity at rates significantly below both the global and continental ...

Ethiopia held its general elections on June 1, and with the majority of votes now finalized, all signs point to Prime Minister Abiy Ahmed Ali’s Prosperity Party having secured a vast majority. While ...

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...

Ethiopia's ruling Prosperity Party is set for a decisive election win when results are announced. The election was marked by security challenges, a divided opposition and the exclusion of entire ...

When Abiy Ahmed became Ethiopia’s prime minister in 2018, he offered a clean slate for Africa’s oldest uncolonized nation, which had been suffocated by decades of strict state control. His predecessor ...