Oromo Liberation Army (OLA) has announced that vehicle movement along the strategic Ethiopia Djibouti Road has been disrupted. OLA, an armed group based in the Oromia region of Ethiopia, has been fighting the Ethiopian security… Oromo Liberation Army Fighters Block Ethiopia Djibouti Road
Price of US dollar has reached 150 birr in the Ethiopian black market. Since May last year, the Ethiopian government has been trying to kill the foreign exchange black market. Today’s official birr-dollar exchange rate… Price of US Dollar Reaches 150 Birr in Ethiopian Black Market
Senior Ethiopian Politician Lidetu Ayalew has decided to return to Ethiopia. Since 2021, he has been staying in the US. Born in 1969 in Lalibela Amhara region, he has been active in Ethiopian politics for… Senior Ethiopian Politician Lidetu Ayalew to Return to Ethiopia
Ethio Telecom, Ethiopian state owned telecommunication company, has extended the deadline for sale of its 10% shares. It failed to meet the target of selling the shares till January 3. In October last year, Ethio… Ethio Telecom Fails to Meet Target of Share Sales
Ethiopian Police today opened fire at protesters in Moyale Oromia. At least two protesters were wounded. Demonstrations have been ongoing since yesterday. Moyale is administrative center of two woredas of Oromia and Somali regional states… Ethiopian Police Open Fire at Protesters in Moyale Oromia
President of Somalia Hassan Sheikh is visiting Ethiopia today. Since January last year, Ethiopia and Somalia have been involved in a diplomatic row. The president’s visit is likely to lead to improvement in bilateral relations.… President of Somalia Hassan Sheikh Visits Ethiopia
Ethiopia today finally launched Securities Exchange but with 1 listing only. Prime Minister Abiy Ahmed officially launched the Ethiopian Securities Exchange (ESX) today. “We have officially rung the bell to launch the Ethiopian Securities Exchange… Ethiopia Finally Launches Securities Exchange with 1 Listing
Fiery objects seen in parts of Southern and South Western Ethiopia lead to speculations. The objects were seen on Thursday night. The Ethiopian Space Science Society in a statement said that it was conducting investigation.… Fiery Objects Seen in Southern Ethiopia Lead to Speculations
Ethiopian Stock Exchange ESX is going to formally begin operations on Friday January 10. The bourse was initially due to be launched in November last year but technical issues delayed the launch. The newest stock… Ethiopian Stock Exchange ESX to Kick Off on Friday
Ethiopian Parliament today passed a draft law to punish those who hoard and sell fuel at unauthorized locations. The House of People’s Representatives (HoPR) approved the regulation to ensure uninterrupted supply of petroleum products. Earlier… Ethiopian Parliament Passes Law to Punish Fuel Hoarders