Ethiopia Alarmed by Egypt-Somalia Military Deal
Ethiopia is increasingly concerned about a recent defense agreement between Egypt and Somalia. The deal, signed during Somali President Hassan…
Tag: Ethiopia
Ethiopia Extends Ban on Fossil Fuel Car Imports to Diplomatic Missions
Ethiopia has banned the importation of petrol and diesel vehicles by diplomatic missions and international organizations as part of its…
Ethiopia to Save $4.9 Billion After Restructuring its Debts
Ethiopia will save $4.9 billion once it completes its ongoing debt restructuring exercise, according to State Finance Minister Eyob Tekalign.…
Ethiopia Floats Currency in Pursuit of International Loans
Ethiopia has floated its currency, the birr, as part of economic reforms to secure international loans and stabilize its economy.…
Ethiopia Landslides Kill Over 200 People
Rescue teams have recovered 157 bodies from two landslides in southern Ethiopia’s Gofa zone, following heavy rains on Sunday and…
Ethiopia and UAE Sign Currency Swap Deal
The central banks of the United Arab Emirates (UAE) and Ethiopia have signed a bilateral currency swap agreement worth up…
Ethiopia Earned Record Revenues from Coffee Exports in 2023/24
Ethiopia earned a record $1.43 billion from coffee exports in the 2023/24 fiscal year, according to the Ethiopian Coffee and…
Turkey Seeks Reconciliation Between Somalia and Ethiopia
Turkey is mediating talks between Somalia and Ethiopia over a contentious port deal that Ethiopia signed with Somaliland earlier this…
Ethiopia and South Sudan to Begin Construction of Cross-Border Road
Ethiopia and South Sudan have agreed to construct a 220-km cross-border road, based on a $738-million financial agreement that both…
Ethiopia and Tanzania Signs Loan Agreement Worth Billions with South Korea
South Korea has agreed to lend billions of dollars to Tanzania and Ethiopia in exchange for access to their mineral…