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 Ethiopian Prime Minister, today shared details of new macro economic reforms. One of the key reforms is the liberalization of…
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 the agreement, the Ethiopian and Sudanese Petroleum Corporations will cooperate in several fields including the process of blending ethanol with…
Ethiopian Prime Minister this week warned Tigray People’s Liberation Front (TPLF) against holding party congress. The Prime Minister spoke about that while meeting with representatives of political parties. On Monday, some Ethiopian political parties met with the Prime Minister. The Prime Minister termed it as an engagement between government and opposition parties. However, major opposition…
Major Ethiopian opposition parties again boycotted a meeting called by the Ethiopian Prime Minister Abiy Ahmed. The meeting began on Sunday in Sululta town near Addis Ababa. Adem Farah, Prosperity Party Vice Chairman, opened the meeting. On Monday, Prime Minister Abiy Ahmed joined. “Earlier in April, I met with political party representatives to discuss cooperation…
Over 50 people were killed on Monday in landslides in the Gofa zone in southern Ethiopia. The death toll is expected to rise. It rose to over 200, according to latest reports. Dozens of people lost their lives in sudden landslide accidents that occurred in Gofa Zone, Southern Ethiopia, at around 4:00 am on Monday….
Fano Commander Asegid Mekonnen was arrested by the Ethiopian security forces in an operation launched today. Aseged Mekonnen is one of the three main Fano militia commanders in the North Shewa zone of the Amhara region. Mekataw and Aseged are two leading Fano commanders in Shewa. Eskinder Nega, politician-turned-Fano commander, is the third one. The…
Ethiopian PM Abiy Ahmed is intervening in Sudan to put an end to the bloody war which broke out more than a year ago in Sudan. The Prime Minister last week visited Port Sudan and met with Abdul Fattah Al Burhan, the Head of Sudan’s Sovereignty Council and Chief of SAF (Sudanese Armed Forces). Al…
Somali & Afar regions have reached an agreement to solve their territorial dispute. Afar regional president Awol Arba and Somali regional president Mustefe Omar gave a press release today. Somali and Afar regions have been involved in a dispute over three kebeles. Three kebeles Undufu, Adaytu and Garbaisse are disputed between the two regional states….
Eskinder Nega has been chosen to lead the armed resistance movement in the Amhara region of Ethiopia. Since last year, a military operation has been underway in the Amhara region to crush Fano militias. The conflict began in the region when government decided to disarm and disband irregular armed militias called Fano. The militias supported…