Year: 2018
- Addis Abeba
News: Anger as security forces continue confiscating alleged contraband merchandise in Merkato
Etenesh Abera Addis Abeba, May 25/2018 – Since five days, chaos and anger have been boiling in and around Tewekel mall in the heart of Merkato, known as the largest open market in Africa, here in the capital Addis Abeba. According to several traders who spoke to Addis Standard on conditions of anonymity, officials from the revenue and costumes authority…
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News: Ethiopia requires US$280.4 million for prioritized life-saving interventions
Mitiku Kassa, Commissioner of the National Disaster Risk Management Commission Addis Abeba, May 25/2018 – The Government of Ethiopia and humanitarian partners have released updated immediate humanitarian funding priorities, highlighting the most critical gaps in the Ethiopia Humanitarian and Disaster Resilience Plan (HDRP). The priorities have been established through a consultative review with Government Line Ministries, key UN and NGO…
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Economic commentary: The Debt Challenge to African Growth
Abebe Aemro Selassie Addis Abeba, May 23/2018 – Sub-Saharan Africa is confronting a pronounced rise in public debt. At the end of 2017, average public debt in the region was 57% of its GDP, an increase of 20 percentage points in just five years. While this is well below the peaks of the early 2000s, the current spike is…
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Updated: Ministry of foreign affairs Reshuffles three envoys, recalls consul General in Jeddah
Ed’s Note: the following information has been added to the news below based on official information provided by Ethiopia’s Ministry of Foreign Affairs. Accordingly, Amb. Amin Abdulkadir, Ethiopia’s ambassador to Saudi Arabia and was based in Riyadh, has been reassigned as Ethiopia’s envoy to Algeria, while the information on Wubshet Demise, Ethiopia’s consul general based in Jeddah, remains unchanged. In…
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News: Ethiopia moves to reassure investors after gunmen kill three Dangote Cement employees
Liyat Fekade Addis Abeba, May 18/2018 – After the tragic killing of three staffs of the Dangote Cement Ethiopia office, the government moves to reassure investors both in the country and those eying the country as their next business destination to “provide the level of support and protection required by investors”. Dr Belachew Mekuria (PhD), Commissioner, Ethiopian Investment Commission, told…
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Breaking: Unidentified perpetrators kill Dangote cement Ethiopia country manager Deep Kamara, two Ethiopians
Addis Abeba May 16/2018 – Sources with the knowledge told Addis Standard that Deep Kamara, the country manager of Dangote Cement Ethiopia, and two more Ethiopians, Beakal Alelign, a secretary, and Tsegaye Gidey, a driver, were shot dead by unidentified men today. Beakal Alelign was a mother of three, the youngest of whom is only one year old. According to…
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News: Ethiopia denies reports that it participated in the US embassy opening celebrations in Jerusalem
Liyat Fekade Addis Abeba, May 16/2018 – Ethiopia’s ministry of foreign Affairs said despite media reports, its delegates did not participate in the opening celebrations of the US embassy in Jerusalem. In a statement given to state media this morning, Meles Alem, MoFA spokesperson, clarified that media reports indicating Ethiopia as one of the African countries which were planning to…
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Breaking: PM Abiy Ahmed tells his cabinet the government is investigating foreign bank accounts held by senior officials
Addis Standard staffs Addis Abeba, May 15/2015 – In a meeting with senior government officials including members of his cabinet, Ethiopia’s Prime Minister Abiy Ahmed said the government was investigating foreign bank accounts held by senior government officials, a source who attended the meeting told Addis Standard. During the meeting held in his office today, the Prime Minister also criticized…
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News: Government rights commission breaks silence on displaced ethnic Amharas, says it dispatches team to investigate
Displaced members of ethnic Amharas currently sheltered in Bahir Dar city Etenesh Abera Addis Abeba, May 15/2018 – Addisu G. Egziabher (PhD), Head of the Ethiopia Human Rights Commission, a government led rights commission, told state affliated media that the commission has dispatched a team to “investigate” the displacement of hundreds of ethnic Amharas from the Kemashe zone of the…
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News: Illicit financial flows transferred across Africa amount to a staggering loss of US$100 billion annually
Addis Abeba, May 15 /2018: Experts have called for combined forces to stem the illicit movement of money and capital from one country to another amid revelations that illicit financial flows from Africa were stifling the continent’s development progress. Speaking at a high-level discussion during the UN Economic Commission for Africa’s (ECA) Conference of Ministers, Abdalla Hamdok, the organization’s Deputy…
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