Tigray government is making preparations to demobilize 75,000 fighters. It was announced by senior Tigray military officer on Sunday. “Preliminary preparations are being made for 75 thousand militants to join the society,” Lieutenant General Tadesse Werede said. Yesterday, a discussion forum aimed at returning Tigray fighters to society was held. The forum was organized by…
Ethiopia is considering the purchase of amphibious assault ships, according to sources familiar with this development. Ethiopia, a landlocked country, has been making efforts to gain access to sea through neighboring countries. At the start of this year, the Ethiopian government signed a Memorandum of Understanding (MoU) with neighboring Somaliland to gain access to sea…
Over 30 were killed and more than 60 were injured in a deadly attack in Mogadishu on Friday. The attackers tried to target Beach View Hotel and its surroundings at Lido Beach in Mogadishu. Six armed men carried out this attack. Al Shabaab, known for carrying out this type of attacks, so far did not…
An Amhara Fano commander has been arrested by the Ethiopian security forces. Colonel Getahun was arrested in Gojjam zone of the Amhara region. Since last year, the Ethiopian security forces have been conducting a military operation against Fano militias in the Amhara region. Fano militias are loosely organized armed groups mainly consisting of Amhara fighters….
Ethiopian government is holding secret talks with Fano militias in the Amhara region. Prime Minister Abiy Ahmed announced on Thursday that his government was holding secret talks with Fano forces. Prime Minister Abiy Ahmed said that giving “explanation on the policy of the Macroeconomic Reform Program”. The PM met with Members of Parliament yesterday and…
Eritrea is interested in “military technology transfer” from Iran. Iranian President Masoud Pezeshkian has said that Iran is ready to share its capabilities and resources with the African country. The President made the remarks meeting with Eritrean Foreign Minister Osman Saleh. Osman Saleh attended new Iranian President’s inauguration ceremony. The Eritrean foreign minister, on Wednesday,…
Ethiopian opposition politicians are raising questions about the new macroeconomic reforms introduced by the government at the start of this week. This week, IMF and World Banks announced financing agreements worth around $20 billion with the Ethiopian government. With the implementation of these new reforms, the Ethiopian foreign exchange market has been linked to open…
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 service (ECF) that will support the implementation of the government’s domestic economic improvement agenda and the amount of $3.4 billion for Ethiopia, to solve the…
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 with Eritrea, particularly related to Ethiopian Airlines, both in dollars and the local currency; the Ethiopian government will communicate with Eritrea to retrieve these funds….
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…