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Tag Archives: Ethiopia

Eritrean opposition group claims Egypt to establish military base in Eritrea

egypt-eritrea-military

An Eritrean opposition group, The Red Sea Afar Democratic Organization (RSADO), claimed on Monday that Eritrea had allegedly granted Egypt green light to build a military base within its territory, according to sudantribune. Officials from opposition group, quoting “reliable” sources in Eritrea, claimed Asmara has allowed Cairo to acquire a military base …

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The effect of Donald Trump’s travel ban on Ethiopian Airlines

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Ethiopian Airlines, a state-owned operator, said it is performing well financially despite recent travel ban complications by the US President, Donald Trump. Ethiopian Airlines CEO, Tewolde Gebremariam,  said on Tuesday that Trump’s order halting immigration from 7 states created confusion for passengers but had little impact on operations. The order of …

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Ethiopia builds new 130m Birr presidential palace

ethiopia-president-home-mulatu

Ethiopian government has  built a new presidential palace that is estimated to cost close to 130 million Br. Accordingly, The family of President Mulatu Teshome (PhD) will soon move to a new residence on Entoto Avenue, neighbouring the US Embassy, after the presidential office in the photo is completed in March …

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Premier appoints Getahun Nanna as head of Development Bank of Ethiopia

getahun-nanna-dbe-ethiopia

Ethiopia’s Prime Minister Hailemariam Desalegn has appointed Getahun Nanna President of the Development Bank of Ethiopia (DBE). Today, 30th Nov 2016, Development Bank of Ethiopia posted on Facebook; “Getahun Nanna, Vice Governor Financial Institutions Supervision Cluster of the National Bank has been appointed to lead the Development Bank of Ethiopia …

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