Concerns over Tumultuous Global Politics on Display at AU Summit
The 39th African Union summit kicked off in Addis Ababa today with the continent’s leaders voicing concerns about the impacts of shifting global geopolitics...
UAZ in Talks to Launch Vehicle Assembly Plant in Ethiopia
Russian automaker UAZ (Ulyanovsk Automobile Plant) is officially in negotiations with the Ethiopian government to launch a local vehicle assembly plant. This move, part...
Addis Ababa Bars Motorcycles as AU Summit Precaution
City officials have prohibited the use of motorcycles in Addis Ababa while Ethiopia’s capital hosts the 39th African Union summit. The ban, which officials cite...
- Advertisement -
UN Rights Chief Warns Tigray is on the ‘Brink’ of Deteriorating Human Rights Crisis
UN High Commissioner for Human Rights Volker Türk issued a stark warning on Tuesday, calling for immediate de-escalation in Ethiopia’s Tigray region. In a statement...
ET Registers USD 4.4bln Half-Year Revenue, CEO Outlines Timeline for Bishoftu Airport Project
The Ethiopian Airlines Group recorded USD 4.4 billion in revenue over the first half of the fiscal year, according to CEO Mesfin Tasew, who...
External Aid Cuts Affecting HIV Treatment across Africa, Says UN
Scale-backs and deep spending cuts within the US government and the Global Fund to Fight AIDS are hobbling HIV treatment programs across Africa, including...
- Advertisement -
Tseday Bank Names New President
- Yohannes Ayalew Takes on Another Rescue Mission Tseday Bank S.C. has appointed Yohannes Ayalew (PhD), a veteran macroeconomist turned banker, as its new president,...
Ethiopia Demands Eritrea withdraw Troops from Ethiopian Territory
Ethiopia has ordered Eritrea to withdraw its forces from Ethiopian territory and demanded that Asmara cease providing support to various armed groups in the...
AU redeploys monitoring team to Tigray amidst renewed clashes
African Union has sent its monitoring team to Tigray amidst escalating clashes between federal and regional forces over disputed territories, and concerns over the...
- Advertisement -
Quad Pledge Renewed Support as Sudan Inches Closer to Three Years of War
The quadralite comprising Egypt, USA, Saudi Arabia, and the UAE have pledged to contribute more than USD 1.5 billion towards humanitarian efforts in Sudan,...