(MENAFN) Ethiopia has started discussions with China to convert part of its $5.38 billion debt into loans denominated in yuan. This move is part of the Ethiopian government's strategy to reduce foreign-exchange pressure and strengthen economic...
(MENAFN) Ethiopia is embarking on a transformative journey in its energy sector through an expanding alliance with Russia in nuclear power development, according to Foreign Minister Gedion Timotheos. During a diplomatic visit to Moscow, Timotheos...
(MENAFN) Ethiopia has launched discussions with China to transform a portion of its $5.38 billion debt into yuan-denominated loans, as the government seeks to relieve pressure on its foreign-exchange reserves and strengthen trade relations....
(MENAFN) Ethiopia has entered negotiations with China to convert part of its $5.38 billion debt into yuan-denominated loans, as the country works to ease foreign-exchange strain and expand trade relations with Beijing. National Bank of Ethiopia...
(MENAFN) At least 14 people lost their lives and dozens more sustained injuries in a devastating train collision in eastern Ethiopia, according to local media reports on Tuesday. The tragic incident took place at approximately 2:00 a.m. local time...
(MENAFN) A train crash in eastern Ethiopia on Monday night has claimed the lives of 15 people, local officials reported. The derailment occurred in the town of Shinile, where the moving train collided with a stationary one, according to local...
(MENAFN) Ethiopia’s collaboration with Russia in nuclear energy is poised to significantly reshape the country’s energy sector and boost its influence across the region, Foreign Minister Gedion Timotheos said on Tuesday. Speaking after discussions...
Deputy Minister Dr Mimmy Gondwe commends the Unisa-Ethiopia Regional Learning Centre in Addis Ababa as a centre of excellence The Deputy Minister of Higher Education and Training, Dr Mimmy Gondwe, has praised the UNISA-Ethiopia Regional Learning...
(MENAFN) Ethiopia has leveled serious accusations against Eritrea, claiming it is preparing for armed conflict and collaborating with insurgent factions. This allegation was revealed in a letter referenced by news outlets on Wednesday. The letter,...
Amhara Region has experienced a conflict between government forces and the Amhara Fano armed group since August 2023. The situation in the eastern part of Amhara deteriorated further at the end of September, when a sudden escalation of hostilities...
Ethiopia Says EU “Undermines” Its Sovereignty in Nile Dispute With Egypt The Federal Democratic Republic of Ethiopia has dismissed a recent joint statement issued by Egypt along with the European Union (EU), terming it “problematic and deeply...
BAHIR DAR – Ethiopia and Somalia have reaffirmed their commitment to strengthening peace, security, and regional cooperation in the Horn of Africa as the 11th Tana High-Level Forum on Security in Africa opened in Bahir Dar on Friday. Discussions...
Bahir Dar, Itoobiya – Dowladaha Soomaaliya iyo Itoobiya ayaa mar kale xaqiijiyey go’aankooda ku aaddan xoojinta nabadda, amniga, iyo iskaashiga gobolka Bariga Afrika, xilli ay furmayso Madasha Ammaanka ee Tana ee 11-aad oo lagu qabtay magaalada...
Ethiopia has seen a surge in detentions of journalists in recent months. Now, Deutsche Welle's Amharic service, which has been broadcasting to Ethiopia since 1965, was informed on October 23 that the Ethiopian Media Authority (EMA) had...
Ethiopian Insurance will face the reigning CAF Champions League champions, Pyramids FC, in Cairo after an attempt by the Ethiopian side to play their first-leg game in Kigali failed to materialise. The Ethiopian champions have now opted to stage...
Ethiopia is opening its banking sector to foreign players for the first time in five decades, drawing swift interest from Kenya’s biggest lenders and regional heavyweights. Ethiopia’s banking market, once sealed off to foreign participation, has...
Ethiopia stands at a critical juncture in its economic and developmental trajectory. Accession to the World Trade Organization (WTO) is often discussed in terms of trade liberalization and market integration, but its potential impact on knowledge...
ERC, Yapi Merkezi arbitration continues in London The Ethiopian Railway Corporation (ERC) has unveiled plans for a USD 1.58 billion standard-gauge railway intended to connect northern Ethiopia with the Red Sea ports of Tadjourah, Assab, and...
A Flawed Foundation Ethiopia’s quest for sovereign access to the Red Sea is a defining issue for the Horn of Africa. It is not a new ambition, but a call to correct a profound historical and legal injustice. This injustice is rooted in two...
Following the successful shipment of a batch of tractors from production lines in Russia, automakers UAZ and AvtoVAZ are eager to establish a wider footprint in Ethiopia, including potential local assembly ventures. The Russian Embassy in Ethiopia...
