Ethiopia Current Issues Fact Check disclosed that some 220 trucks of food assistance have entered the Tigray Region and arrived in Mekelle. Hence another 63 trucks of food assistance have entered Mekelle since the last update of August 4th, the Ethiopia Current Issues Fact Check added. Though the terrorist TPLF is engaged in blocking humanitarian activities […]
Business
Investment Networking Center Initiated by Former President Mulatu Inaugurated
A non-profit investment think tank established by the former President Mulatu Teshome was officially inaugurated today. Center for Investment Networking in Ethiopia (CINE) is an investment think tank expected to be a reliable investment bridge that would bring key investment stakeholders together in order to catalyze viable and sustainable investment partnership between Ethiopia and the rest […]
Ethiopia Food Security Outlook, June 2021 to January 2022
KEY MESSAGES The Tigray region of Ethiopia continues to experience one of the worst food security emergencies globally. Urgent humanitarian assistance is needed to save lives. Extreme outcomes are likely through at least January 2022 across the region, with Central, Northwestern, Eastern, and Southeastern Tigray of highest concern. Ultimately, an end to hostilities and unhindered […]
African governments have developed a taste for Eurobonds: why it’s dangerous
International financial markets have opened a window for African governments to diversify their funding sources from traditional multilateral institutions and foreign aid. For example, they can now borrow through issuing Eurobonds – these are international bonds issued by a country in a foreign currency, usually in US dollars and euros. South Africa was the first […]
Ethiopia and Algeria set up a joint business council
The Business Council, which is believed to boost all-round economic relations between Ethiopia and Algeria, was established by an online signing ceremony between the two countries’ Chambers of Commerce and Industry. In his opening remarks, Algerian Minister of Commerce, Kemal Razig, said that the two countries have strong diplomatic ties and that their government is […]
USAID Head Says Ethiopia’s Humanitarian Situation Growing Worse
The head of the U.S. Agency for International Development highlighted what she called “desperate humanitarian needs that are growing even more acute with every passing day” during talks Wednesday with officials in Ethiopia. The United States, United Nations and others are calling for an end to the conflict in the Tigray region, which has caused […]