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The National Election Board of Ethiopia (NEBE) has announced that vote counting at all polling stations has been completed and results posted. Consolidation efforts are now actively underway at the constituency level. Ethiopia’s electoral process operates under a multi-stage system managed by NEBE, the constitutionally mandated body responsible for conducting free and fair elections. The […]

Ethiopia has reached a staff-level agreement with the International Monetary Fund (IMF) on the fifth review of its four-year Extended Credit Facility, putting the country in line for about 468 million US dollars once the deal is approved by IMF management and the Fund’s Executive Board. The disbursement would bring total IMF support under the […]

India has delivered a second 43-tonne consignment of medical assistance to the Africa Centres for Disease Control and Prevention (Africa CDC), as Ebola outbreaks in Central and East Africa continue to stretch surveillance and response systems. The shipment includes protective equipment, diagnostic tools, medicines, monitoring devices and nutritional supplies aimed at strengthening outbreak preparedness and […]

Ecobank Group, a pan-African banking conglomerate headquartered in Lomé and operating across dozens of African markets, has raised 450 million US dollars through what it describes as the world’s first International Capital Market Association (ICMA)-designated Nature Bond issued by a commercial bank, in a deal aimed at channeling capital into biodiversity protection and sustainable land […]