Rebellious forces from Ethiopia's Tigray region have pushed to within a day's drive of the capital Addis Ababa and are threatening to march on the city of 5 million people.
Credit Suisse will pare back its investment bank and focus on building its wealthy client base, the Swiss bank said on Thursday, as it regroups following a string of scandals.
The U.S. Embassy in Addis Ababa has authorised the voluntary departure of some staff and family members as rebel forces in northern Ethiopia make advances towards the capital.
Ukraine, Fiji, Colombia, Kenya and Mali will be the first countries to participate in an investment program announced on Thursday that will help developing countries transform their power grids to carry growing levels of renewable energy.
The International Monetary Fund said on Thursday it was continuing to engage on a technical basis with Ethiopia despite a worsening conflict in the country, but given uncertainty, it has not begun discussions on a potential IMF financing program.