Sheikh Mohammed Hussein Al-Amoudi refused to funnel foreign Currency due to war and instability in Ethiopia.
Pepsi bottler on verge of shutdown, thousands of jobs on the line Selamawit Mengesha Moha Soft Drinks Industry S.C. has taken steps to shutter operations at all of its production facilities, potentially putting close to 8,000 employees out of work….
marathoner Gemechu suspended for doping
Ethiopian marathoner Gemechu suspended for doping Jason Henderson Tsehay Gemechu has a best of 2:16:56 and was due to run this weekend’s Valencia Marathon Just days before racing in the Valencia Marathon, Tsehay Gemechu has pulled out of the race…
“If by killing us you could redeem Ethiopia from poverty, We then accept your action as a blessing”
“If by killing us you could redeem Ethiopia from poverty, We then accept your action as a blessing” Prime Minister Tsehafe Taezaz Aklilu Habtewold’s comment before being taken away to be shot to death on 24 November 1974, together with…
$350M funding for Ethiopia’s national digital ID
A planning document for Ethiopia’s Fayda ID digital identity supplied to the World Bank reveals that the program has been granted US$350 in funding to supplement its public investment. Details are contained in a Labor Management Procedures (LMP) document by…
Talks between Prosperity Party and Oromo Libration Army Failed to produce an agreement.
A second round of peace talks between Ethiopia’s government and a rebel group aimed at ending a decades-old conflict in the country’s largest region Oromiya has ended without a deal, both sides said on Tuesday. The negotiations in Tanzania between…
The African Development Bank (AfDB) condemned Ethiopia for “unlawfully arresting” and “physically assaulting” two of its staff members’
The African Development Bank (AfDB) has accused security forces in Ethiopia of “unlawfully arresting” and “physically assaulting” two of its staff members. According to a statement by the bank released on Thursday, the incident happened two weeks ago in the…
Political instability in Ethiopia forced the government to shelf privatization of Ethio Telecom
The Ethiopian government reportedly confirmed it cancelled the process of issuing a third telecoms licence pointing to a lack of interest, as reports surfaced last week highlighting interested parties were put off by political instability in Ethiopia. “The licence process…
London granted the “Freedom of the City” to H.I.H. Prince Ermias Sahle Selassie
On the morning of November 17th The City of London granted the “Freedom of the City” to H.I.H. Prince Ermias Sahle Selassie, a rare and distinguished honor only bestowed on a rare few. While photographs of the actual ceremony were…
Ethiopia’s Ominous New War in Amhara
(Crisis Group Africa Briefing N°194. 16 November 2023) What’s new? Ethiopia’s federal government is battling yet another revolt. This time, militants are engaged in hostilities with federal forces in Amhara, the country’s second-most populous region. After tensions escalated all year, insurgents…
Ethio Lease begin the process of voluntary liquidation
Ethio Lease set to wind down operations in Ethiopia Equipment leasing company Ethio Lease, Ethiopia’s only foreign-owned firm to obtain a financial services licence from the central bank, said on Wednesday it was winding down operations in the east African…