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Ethiopia’s year-on-year inflation falls to 14% in July

Addis Ababa, August 2, 2018 (FBC) –Ethiopia’s year-on-year inflation fell to 14 percent in July 2018, from 14.7 percent in June, according to the Central Statistical Agency of Ethiopia (CSA). The prices of bread, meat, milk, cheese and eggs, butter and sugar, honey and chocolate...

Ethiopia: The new China?

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The leaders of Eritrea and neighbouring Ethiopia have declared the end of a more than 20-year-long war, and it's hoped that it will help boost economic growth in East Africa.     SOURCE:ALJAZEERA

The politics of the Horn of Africa is in the process of rapid change and with salutary implications- Ethiopian Ambassador

The Security Council today received the 120 day’s briefing by the Chair of the Somalia-Eritrea Sanctions Committee, including the outcome of his recent visit to the region which took him to Djibouti, Somalia and Ethiopia. Below is the statement delivered by H.E. Ambassador Tekeda...

Ethiopian police reveal details about GRED manager murder

The Ethiopian federal police unveiled details about the murder of Ethiopian Grand Renaissance Dam Project Manager Engineer Simegnew Bekele, who was found dead in his car on Thursday, Sky News reported. Bekele died of a gunshot in the head, in his car in Meskel Square,...

Ethiopian PM Abiy Ahmed meets with US Vice President Mike Pence

Horndiplomat-The ethiopian Prime Minister Dr. Abiy Ahmed met with US Vice President, Mike Pence later on Friday (July 27) at WhiteHouse in WashingtonDC. Vice President Pence congratulated Prime Minister Dr. Abiy on Ethiopia’s democratic reforms and reinforced US commitment to support Ethiopia’s development. Both sides reiterated...

Ethiopia’s Nile dam Engineer Simegnew Bekele died of bullet wound – Police chief

Ethiopia’s federal police chief has confirmed that the project manager of the country’s flagship dam was shot dead. News of the death has sent shock and sadness across the country. “We have confirmed that engineer Simegnew Bekele was shot dead,” Head of the Federal Police...

Eritrea:Massawa Port Ready to Serve Ethiopia’s Import-Export Commodities

The port of Massawa to serve Ethiopia’s import and export commodities, the Port Administration said. According to Head of Massawa Port Administration Layne Asfahaley, the port has gone through major renovation process to enable it to provide service for Ethiopia. A delegation of Ethiopian business community...

Interview with Former Ethiopian PM to talk about his first visit to Asmara

In a month where Eritreans and Ethiopians are enjoying the endless peace celebrations, former Ethiopian Prime Minster, Hailemariam Desalegn was one of the dignitaries who came to Asmara with Ethiopian Airlines’ maiden flight. Despite his short stay, Mr. Hailemariam agreed to hold an interview with...

Peace in the Horn of Africa May Be Bad News for Djibouti

For decades, Djibouti has benefited economically from the standoff between Ethiopia and Eritrea. But as the two countries move to normalize ties, financial losses may push Djibouti to disrupt the peace, writes Kelsey Lilley of the Atlantic Council. ETHIOPIANS AND ERITREANS alike are celebrating the breakneck speed...

Ethiopia Could Sell Airline Hotel, Airports in Investor Hunt

By: Nizar Manek Ethiopian Airlines Enterprise is emerging as the flag bearer of plans by Africa’s fastest-growing economy to open up to foreign investors after decades as a closed shop. While new Prime Minister Abiy Ahmed’s ruling Politburo has said a minority stake in the continent’s largest carrier...