Ever since BRICS was founded more than a decade ago, the group of emerging-market nations has struggled to identify a common ...

The International Monetary Fund (IMF) has authorized a $262.3 million disbursement for Ethiopia, taking total payments under Extended Credit Facility program to roughly $1.87 billion. • The new ...

Asharq Al Awsat Egypt said Friday that Ethiopia has consistently lacked the political will to reach a binding agreement on its now-complete dam, an issue that involves Nile River water rights and the ...

Egypt says that Ethiopia has consistently lacked the political will to reach a binding agreement on its now-complete dam.

BRICS plans a guarantee fund to reduce political and financial risks in developing countries. • The fund will be managed by the New Development Bank (NDB) and unveiled at the July 2025 Rio summit. • ...

Ethiopia said on Friday that it had signed a $1 billion financing agreement with the World Bank to support its economic ...

Ethiopia’s prime minister said Thursday that a controversial power dam on the Nile is now complete, a major milestone for his ...