Month: November 2023
16 posts
French Telecom Orange opts out of acquiring stake in Ethio Telecom
French telecommunications company Orange (ORAN.PA) has pulled out of the bidding process to acquire a 45% stake in…
Central Bank Governor says reasoning behind Ethio-Lease’s exit is ‘Unsubstantiated’
Macroeconomic challenges, particularly a constrained foreign exchange (FX) market makes for a difficult foreign investment environment. The worry…
How a phishing attack led to AfDB staff getting assaulted in Ethiopia
Ethiopia was supposed to make a $5 million annual membership payment to the African Development Bank (AfDB) recently,…
Diplomatic Duets: Navigating Ethiopia-UAE Relations
Ethiopia’s diplomatic dance with the United Arab Emirates (UAE) has caught the attention of global observers, and as…
The World Bank anticipates releasing $12 billion to Kenya.
On Monday, the World Bank announced its anticipation of providing substantial support to Kenya, amounting to $12 billion…
Ethiopia: Government and OLA insurgents fail to reach peace agreement
Efforts to resolve the ongoing conflict in parts of the Oromia region have reached an impasse as peace…
Ethiopia: closer to ending a five year long insurgency in Oromia
An agreement to end the fighting between the Oromo Liberation Army (OLA) and the Government of Ethiopia (GoE)…
The United States to resume humanitarian assistance in Ethiopia
The United States will resume supplying food aid to millions of Ethiopians next month, following a five-month long…
Ethiopia reaches deal to suspend debt payment on Eurobond ahead of restructuring plans
Ethiopia has preliminarily agreed with its official bilateral creditors on a temporary halt to debt servicing and is…
Developing countries demand a reformed U.N Security Council
The recent crisis in Gaza has highlighted the urgent need for a more democratic and inclusive UN Security…
Recent prison break demonstrates growing divisions in Ethiopia’s Tigray
As Tigray strives to overcome the aftermath of conflict and rebuild its future, the divisions between the interim…
Ethiopia: Making Addis Ababa a Competitive African City
An African mayoral event, with the theme of “leveraging cities and municipalities for national development,” was held on…