IMF and World Bank have announced financing agreements worth around $20 billion with Ethiopia. On Monday, the executive board of the International Monetary Fund (IMF) approved a four-year extended loan service (ECF) that will support… IMF & World Bank Announce Around $20 Billion for Ethiopia
Eritrea owes huge amounts of money to the Ethiopian airline. It was disclosed today by the Ethiopian Airlines CEO Mesfin Tasew. He said there are substantial amounts of money stuck with Eritrea, particularly related to… Eritrea Owes Huge Amounts of Money to Ethiopian Airline
Prime Minister of Ethiopia today announced to devalue official currency birr. The devaluation has come at the heels of a key meeting between the Ethiopian government and the International Monetary Fund (IMF). Abiy Ahmed, the… Ethiopia Devalues Birr to Secure IMF Bailout Package
Ahmed Fiqi, the Foreign Minister of Somalia, this week accused Habesha (Ethiopian) forces of being the primary reason for security crisis in Somalia. The Foreign Minister of Somalia made these remarks addressing a gathering in… Foreign Minister of Somalia Accuses Habesha
Eritrean Govt sent a special message to Sudanese military led government on Saturday. The message was sent in the wake of expulsion of Sudanese ambassador to Eritrea. On Wednesday, Khalid Ababa, Sudanese chargés d’affaires to… Eritrean Govt Sends a Special Message to Sudan Army
Ethiopian FM on Friday accused Somalia of issuing unwarranted & irresponsible statements. “Contrary to the baseless accusations of the government of Somalia, Ethiopia has rather been sacrificing in the service of peace and stability of… Ethiopian FM Accuses Somalia of Issuing Irresponsible Statements
Ethiopia and Sudan have signed a landmark co operation agreement. Ethiopian Petroleum Corporation and Sudanese Nile Petroleum Company signed the agreement on Thursday. This agreement was signed in Addis Ababa, the Ethiopian capital. According to… Ethiopia & Sudan Sign Landmark Cooperation Agreement
Eritrea has reportedly expelled Sudan ambassador. Khalid Abbas, the Sudanese Chargé d’Affaires, has been given 72 hours to leave the country. The Eritrean government has been supporting Sudanese army since the outbreak of war between Sudanese… Eritrea Expels Sudan Ambassador
Somaliland, on Wednesday, warned Turkey against potential deployment of Turkish naval forces in Somaliland’s territorial waters. “The Government of the Republic of Somaliland vehemently rejects any potential deployment of Turkish naval forces within Somaliland’s recognized… Somaliland Warns Turkey Against Deployment of Navy
Eritrea today announced a ban on Ethiopian airlines flights. Eritrean Civil Aviation Authority issued a statement in this regard. The Authority accused Ethiopian airlines of providing poor customer service to Eritrean passengers. “Cognizant of the… Eritrea Bans Ethiopian Airlines Flights