Ethiopia Celebrates New Year 2017
Ethiopians yesterday celebrated the first day of the Ethiopian New Year 2017,which is 7 years behind the global Gregorian calendar. They welcomed the New Year with a variety of cultural ways. In his message, Prime Minister Abiy Ahmed emphasized the importance of seizingthe opportunities presented by the incoming New Year and urged citizens to worktogether to […]
Ethiopian currency falls sharply after big policy change
The value of Ethiopia’s currency has fallen by 30% against the US dollar after the government relaxed currency restrictions,according to one the country’s biggest banks, the Commercial Bank of Ethiopia. The government reversed its long-standing policy of fixing the exchange rate in a bid to secure a loan of $10.7bn (£8.3bn) from the International Monetary […]
Former Tanzanian leader Julius Nyerere honoured with a statue
Tanzania’s founding father Julius Nyerere has been honoured with a STATUE outside the African Union headquarters in Ethiopia’s capital, Addis Ababa. Nyerere led what is now Tanzania, from independence in 1961 until 1985. A committed pan-Africanist who hosted independence fighters opposed to white minority rule in southern Africa, he played a key role in the creation of the Organisation of […]
President Bola Tinubu arrives Addis Ababa
President Bola Tinubu has arrived Addis Ababa, Ethiopia, to participate in the 37th ordinary session of the assembly of the African Union (AU) heads of state and government. The Presidency had earlier said Tinubu will join other African leaders in high-level meetings on institutional reforms of the African Union; peace and security; specific thematic issues […]
Ethiopia-Somaliland army chiefs meet amid regional tensions
The army chiefs of landlocked Ethiopia and the self-declared Republic of Somaliland have been discussing military cooperation as concern grows over a deal that could give Ethiopia a naval base on the Gulf of Aden. The two sides signed a deal on January 1, recognized to give Ethiopia commercial and military access to the sea. […]
Ethiopia’s Upper House Approves Creation Of New Regional State
Ethiopia’s upper house of parliament on Wednesday approved the creation of a 12th regional state after the latest referendum for greater self-rule in Africa’s second-most populous country. Voters in part of the ethnically-diverse Southern Nations, Nationalities and Peoples Region (SNNPR) overwhelmingly supported carving out their own state in a referendum in February. The creation of […]
