Ethiopia’s first investment bank Wegagen Capital has formally launched operations. The launching ceremony of Wegagen Capital Investment Bank S.C. was held at Hilton hotel in Addis Ababa last night. In March this year, Ethiopian Capital… Ethiopia’s 1st Investment Bank Wegagen Capital Kicks Off
The chief of Sudan’s RSF has warned Eritrean President Isaias Afwerki. Rapid Support Forces (RSF) led by Hamdan Dagalo have been fighting the Sudanese military led by General Abdul Fattah al Burhan since 2023. RSF… The Chief of Sudan’s RSF Warns Eritrean President Isaias Afwerki
Ethiopian Politician Taye Dendea has been arrested again. He has been arrested twice in the last 18 months. Taye Dandea is a senior leader of ruling Prosperity Party. He is from the Oromia region. He… Ethiopian Politician Taye Dendea Arrested Again
Keria Ibrahim has joined newly formed Solidarity Party. The party is led by Getahew Reda, State Minister and Advisor to Prime Minister on East Africa Affairs. Both Keria Ibrahim and Getachew Reda were expelled from… Keria Ibrahim Joins Solidarity Party of Getachew Reda
American Citibank is in talks to enter the banking sector in Ethiopia. Citibank was founded in 1812 as City Bank of New York. Now it has branches in 19 countries. Citibank has no physical presence… American Citibank to Enter the Banking Sector in Ethiopia
Somalia’s cabinet has reappointed Mahad Mohamed Salad as head of the National Intelligence and Security Agency (NISA), replacing Abdullahi Sanbaloolshe, who took over the post on April 9, 2024. Hamza Abdi Bare, the Prime Minister… Mahad Mohamed Salad Reappointed as Head of Somalia’s Intelligence Agency
The blockade of Tigray region of Ethiopia has been partially lifted. It was lifted after talks between Tigray President & Ethiopian Federal Police Chief. For several days, the movement of trucks was being restricted from… Blockade of Tigray Partially Lifted after Talks between Leaders
Solidarity Party formed by Getachew Reda, the former President of Tigray, has announced to hold a party congress in the Tigray region within the next 45 days. The party held its first press conference in… Solidarity Party of Getachew Reda to Meet in Tigray within 45 Days
General Tsadkan Gebretensae has returned to Ethiopia after staying abroad for several months. The General joined Tigray People’s Liberation Front in 1976. After the removal of Derg in 1991, he worked as the Chief of… General Tsadkan Gebretensae Returns to Ethiopia
Solidarity party led by ex TPLF leader Getachew Reda has announced to hold party congress in Tigray. Tigray Democratic Solidarity, the new political party, was registered by National Election Board of Ethiopia (NEBE) this week.… Solidarity Party Led by Ex TPLF Getachew Reda to Hold Congress in Tigray