Ethiopian PM Arrives in Russia to Attend BRICS Summit
Ethiopian PM Abiy Ahmed has arrived in Russia to attend BRICS Summit. The two day summit is being held in Kazan Russia. The number of BRICS members has grown to 10. Brazil, Russia, India and…
Huge Fire Erupts In Addis Ababa Ethiopia
A huge fire erupted in Addis Ababa Ethiopia last night. The fire broke out in the Shema Tera neighborhood of Merkato area of the capital city. The fire caused huge damage to the buildings in…
Ethiopia: ONLF Suspends Its Participation in National Dialogue
Ethiopia: ONLF has suspended its participation in the Ethiopian National Dialogue. The announcement came from the Ogaden National Liberation Front through an official statement. ONLF was established in 1984 to fight for the Somalis in…
Fano Fighters Surrender to Ethiopian Military in Gondar
Ethiopian military today announced that Fano fighters surrendered to military command post in Gondar. Fano militias have been fighting in Amhara region since last year. Fano groups say that they are fighting for Amhara people.…
Egypt Threatens to Put Somaliland Under Naval Blockade
Egypt has threatened to put Somaliland under a naval blockade. The remarks about the naval blockade around Somaliland were made by the Egyptian Foreign Minister in an interview. Badar Abdelttay the FM, in an interview,…
IMF Lauds Economic Reforms Introduced by Ethiopian Govt
The International Monetary Fund (IMF) on Friday appreciated the Ethiopian govt for macro economic reforms. The lending institution, in its executive board’s meeting, allowed disbursement of $340.7 million to Ethiopia while approving the first review…
Somaliland President Issues 3 Decrees About General Election
Somaliland President Muse Bihi Abdi, on Friday, issued 3 decrees about the upcoming Presidential Election. The election will be held on the 13th November 2024. Ruling Kulmiye party led by President Muse Bihi Abdi is…
Ethiopian Securities Exchange Signs MoU with NSE & i-Capital
Ethiopian Securities Exchange (ESX) has signed a Memorandum of Understanding (MoU) with the Nairobi Securities Exchange (NSE) and the i-Capital Africa Institute. The MoU is aimed at promoting cross-border investments, knowledge exchange, and capacity building.…
Gedion Timotheos Appointed as New Ethiopian FM
Gedion Timotheos has been appointed as the new foreign minister of Ethiopia. Abiy Ahmed, the Ethiopian Prime Minister made appoints of 3 ministers today. Gedion Timotheos was working as the Minister of Justice. He was…
Ethio Telecom Issues Share Sale Prospectus for New Share Holders
Ethio Telecom on Wednesday released a document called “Ordinary Share Sale Prospectus” for those interested in buying its shares. You can download the document HERE. The state owned Ethiopian Telecommunication company has offered 100 million…