Tag: ethiopia
Ethiopia seeks to restructure commercial debt into concessional loans
Ethiopia is in talks with its creditors to convert commercial loans into concessional financing, a move that could…
Ethiopia accuses Eritrea of plotting war amid Red Sea tensions
Ethiopia has accused Eritrea of preparing for war, marking a sharp escalation in tensions between the two Horn…
Ethiopia: Tigray interim government calls for federal intervention amid factional power struggle
(AP) - The interim government of Ethiopia’s Tigray region has called on the Ethiopian federal government to intervene…
World bank approves $1.5 billion for Ethiopia’s budget support
The World Bank’s board has approved a landmark $1.5 billion financing package for Ethiopia's budget support, marking the…
Egypt supports Somalia in face-off with Ethiopia
Egyptian President Abdul Fattah al-Sisi has expressed his commitment to backing Somalia amidst a significant dispute between Ethiopia…
Ethiopia in default after failing to Pay $33 million on its sovereign bond
Ethiopia has become a defaulter after failing to pay $33 million on the coupon of its international sovereign…
Ethiopia: Devastating floods leave thousands homeless in South Omo
A catastrophic flood that struck the South Omo region of Ethiopia nearly three weeks ago has left numerous…
Ethiopia, Egypt, and Sudan resume talks over a disputed dam
Egypt, Ethiopia and Sudan resumed their years-long negotiations Sunday over the controversial dam Ethiopia is building on the…
Ethiopia’s biggest commercial bank reports high rise in revenue
Ethiopia's state-owned Commercial Bank of Ethiopia (CBE) on Thursday (2 Feb. 2023) disclosed a 13 billion birrs (about…
Wollega massacre: Death count surpasses 1,500
Addis Ababa, AFP: The death toll from the Wollega massacre in western Ethiopia has surpassed 1500 with as…
Ethiopia declares state of emergency, U.S tells its citizens to leave; Tigrayan rebels say capital could fall soon
Ethiopia's capital Addis Ababa could fall within "months if not weeks", an Oromo group allied with Tigrayan rebels…
USAfrica: On November 9, Ethiopia will start visa-on-arrival policy for all Africans.
From November 9, 2018, Ethiopia will start its friendly visa-on-arrival policy for all Africans. Africa’s second most populous…