The first BRICS summit after the bloc’s expansion will be held in Kazan, Russia, between October 22nd and 24th. The event ...

The International Monetary Fund’s executive board completed its first review under the Extended Credit Facility for Ethiopia, ...

The International Monetary Fund approved Ethiopia's $3.4 billion lending program review, enabling a $340.7 million ...

The Executive Board of the International Monetary Fund (IMF) completed today the first review of the 48-month Extended Credit Facility (ECF) for Ethiopia.

As BRICS grows in both membership and global sway, its expansion comes with divisions among its members old and new on how to ...

Historically, Ethiopia’s birr (ETB) has been relatively robust and stable when compared with other local African currencies. No longer the case, Ethiopia faces a preventable cost of living crisis ...

BRICS just dropped the demo of its long-awaited payment system, BRICS Pay. This new payment system is rolling out as the ...

Geopolitical changes and the reconfiguration of economic architecture towards the Global South, under the rapidly growing influence of BRICS+ (Brazil, Russia, India, China and South Africa) on the ...

The Oct. 22-24 summit in the city of Kazan is being presented by Moscow as evidence that Western efforts to isolate Russia ...

Russia has officially called on its BRICS partners to establish a financial alternative to the International Monetary Fund ...