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Opinion: What Brexit means for Ethiopia

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So Brexit has become a reality. What does this mean to Ethiopia? I think it comes with a mixed bag of opportunities and challenges. 1. Economically, it could bring a reduction in cost of pound-denominated debt service. This relates to the historic nose diving of the British pound. But with …

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Ethiopia: National Higher Education Entrance Exam Rescheduled

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The state-run media, Ethiopia Broadcasting Corporation (EBC) reported today the Ethiopian Ministry of Education has rescheduled Higher Education entrance exam extending the exam due date by a week. The ministry has rescheduled the exam date by considering the holiday, the request of Islamic Affairs Supreme Council, exam candidates and their families. …

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Eritrean government confirmed heavy fighting with Ethiopia

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The Eritrean government issued a statement confirming the heavy fighting on the border with Ethiopia, accused Ethiopia of launching an attack against it. In a statement issued today, the Eritrean Information ministry said: The [Ethiopian] regime has today, Sunday 12 June 2016, unleashed an attack against Eritrea on the Tsorona Central …

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Breaking: Heavy fire exchange across Ethiopia-Eritrea border

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Reports indicating heavy fire exchange  in Tsorena & Aiga (Northern Tigray) areas between Ethiopia and Eritrea troops. Sources indicate the fire exchange involves heavy artilleries and tanks from both sides. According to Awramba Times Eritrea has launched a full-scale attack in northern Ethiopia last night, following the recent report by UN Commission …

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Ethiopia to pay 6m USD to settle SEC charges over unregistered bonds

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Ethiopia agreed to pay nearly $6.5 million to settle U.S. Securities and Exchange Commission (SEC) charges for unauthorised sell of bonds for its Grand Ethiopian Renaissance dam project. Ethiopian state-monopoly Ethiopian Power Utility (EEP) have been selling bonds for Ethiopians and American-Ethiopians in the United States as part of the effort …

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