FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers New TRADE AFRICA New

Fortune Logo

2,735,750,000

2,735,750,000

Sep 28 , 2024.

The external debt (in dollars) of the transport and communication sector in 2023/24, which registered a drop of 30.3pc from 2019/20. This decline is anomalous given the sector's infrastructure needs, especially with major railway and road projects. The drop could reflect debt restructuring or slowdowns in sectoral investment.


PUBLISHED ON Sep 28,2024 [ VOL 25 , NO 1274]


Most read

Editor's pick

Commentaries

Rising Debt Chokes Growth as Poor Countries Pay More, Get Less

Economic development requires financing that is affordable, accessible, and has matur...

Philanthropy in an Era of Declining Development Aid

Philanthropy will never replace public aid, but it can be a powerhouse if we use it r...

Fineline

Leaders of the National . . .

Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the me...

When the country’s most. . .

When the country's most senior diplomats and envoys return back to their posts after two-week debriefings, they leave behind a point or two...

Editorial

Cheap Power Lures Bitcoin Miners. But Millions Wait for a Lightbulb Moment

Apr 6 , 2025

Last week, the International Finance Corporation (IFC), part of the World Bank Group...

Media Council's Edging to Accreditation a Deceitful Drift

Mar 30 , 2025

When the private satellite channel, Ethiopian Broadcasting Service (EBS), aired an em...

Preventing War Far Cheaper Than Paying Its Deadly Price

Mar 23 , 2025

Getachew Redda, head of the Tigray Interim Regional Administration (TIRA), at least u...

A Country Governed by Guesswork, While Millions Lost in the Shadows

Mar 16 , 2025

Ask anyone about the population of Addis Abeba, and a straightforward answer proves e...

Gallery

Parliament Approves New Cabinet Members

Oct 6 , 2021

Parliament Approves New Cabinet, Incorporates Opposition Leaders Lawmakers have approved today the nominations of 22 ministers, including three opposition leaders. Two MPs have voted against, while 12 abstained...

2020 in Posterity

Jan 5 , 2021

TIGRAY VOTES DESPITE "NULL & VOID" THREAT

Sep 9 , 2020

IN-PICTURE: LAUREATE'S RECEPTION  

Dec 14 , 2019

PM Abiy Ahmed (PhD) at a Gala Dinner Called for the Awarding of the Félix Houphouët-Boigny Peace Prize

May 6 , 2019

Faces, Voices of Addis Abeba

Apr 26 , 2019

Sunday With Eden

Breaking Bread, Sharing Hearts

Almost a year ago, my husband and I sat in the living room of a dear friend who had just suffered an unimaginable loss. She had lost a very...

The Cycle of Generosity Coming Full Circle

In a world that often prioritizes individual success, it's easy to overlook the profound impact of genero...

Life Matters

Showers Are Optional, Guilt Is Not

It's funny how life throws your pre-baby notions right out the window. I vividly remember joking with a friend, back in my carefree days, ab...

Natural, Enhanced, or Just Exhausted?

As a woman, navigating the world of beauty and attraction often feels like confronting a maze of contradi...