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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

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Latest Economic News

Ethiopia launched the largest hydroelectric power station in Africa


September, 09 2025

Ethiopian Prime Minister Abiy Ahmed on Tuesday inaugurated the Renaissance hydroelectric power plant (Hidase) on the Nile — the largest in Africa. The ceremony was broadcast on social media and was attended by the leaders of Kenya, Djibouti, Somalia and South Sudan.According to the minister, the launch of the HPP will not harm Egypt and Sudan, but on the contrary, will create new opportunities for economic integration.Construction of the $4.2 billion facility began in 2011. The station's capacit... Read More

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