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…
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…
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…
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…
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…
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…
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,…
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…
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…
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…