| Ethiopia, Eritrea Sign Agreement in Saudi Arabia
September 16, 2018 - Ethiopia and Eritrea signed undisclosed agreement at a summit held in Saudi Arabia on Sunday in the presence of Saudi Arabia's King Salman and U.N. Secretary General Antonio Guterres, according media reports.
No details were given about the agreement. The two countries made several agreements to date, beginning with their first meeting in Addis Ababa , and subsequent meetings in Eritrea and the United Arab Emirates (UAE).
Ethiopia and Eritrea have been in hostilities for almost two decades, following deadly war in 1998-2000 that killed thousands on both sides.
| US Must Strengthen Ties with Ethiopia, Support Reform - Tibor Nagy
September 14, 2018 - The newly appointed assistant secretary of U.S. Bureau of African Affairs, Tibor Nagy, told members of House Foreign Affairs subcommittee in Washington that Ethiopia has made historic changes, and the US should support and strengthen ties to support an otherwise fragile reform.
“Prime Minister Abiy Ahmed has initiated groundbreaking reforms across most every area of Ethiopian society,” Nagy said. “He deserves tremendous credit for his boldness in tackling issues previous governments have not addressed.”
Representative Chris Smith, chairman of the Africa, Global Health, Global Human Rights an
| Ethiopia Has the Highest Number of Internally Displaced People in 2018
September 12, 2018 - Ethiopia has the highest number of internally displaced people in the first half of 2018, according to the IDMC and as reported by Reliefweb.
Ethiopia wintnessed many regional conflicts over the last few years, driven by heightened ethnic and religious differences. There has been several border conlicts between Oromia and Somale regional states, between Oromia and Southern Ethiopia regional states, as well as within Sothern Ethiopia, Benshangul and Amhara regions.
Internal divisions within and the weakening of the ruling party, the Ethiopian People's Revolutionary Democratic Front (EPRDF), contributed
| Reform in Ethiopia Heartening - US Diplomat
September 8, 2018 - U.S. Deputy Chief of Mission in Ethiopia, Troy Fitrell, said Ethiopians need to cooperate with the new Ethiopian government so that the reform underway can attain its goals, according to ENA report.
In an exclusive interview with ENA, Fitrell noted that the reform we witnessed in Ethiopia after Prime Minister Abiy Ahmed came to power in April is heartening.
He said the revision of the anti-terrorism and civic society proclamations as well as the return of many opposition parties and personalities to their country are encouraging.
The U.S. believes that the reform is essential for building democratic system and c
| Ethiopia Receives Debt Relief from China
September 6, 2018 - China has agreed to extend debt repayment period for Ethiopia for the Addis Ababa-Djibouti cross-border railway.
According to Prime Minister Abiy Ahmed which just visited China, China has pledged to extend debt repayment period for a loan from 10 to 30 years.
The two countries also held extensive discussions regarding the trade volume between the two countries and development assistance, the Premier stated.
Prime Minster Abiy was in Beijing to attend the 7th Forum on China-Africa Cooperation.
“We conducted wide ranges of discussions with China especially how can we balance the trade vol
| Ethiopia Opens Logistics Industry to Foreign Companies
September 4, 2018 - Ethiopian Investment Board has lifted restrictions on the logistics industry. The logistic industry which was exclusively reserved for Ethiopians such as packaging, forwarding and shipping agency services, is now open to joint ventures.
The decision by the Board also opened the provision of bonded warehouse, consolidation and deconsolidation services and allowed joint venture participation of international logistics service providers holding up to 49% or less stakes.
The decision is said to help local firms acquire world class knowledge, expertise, management, and systems by working jointly with globally reput
| China Investments in Ethiopia Cooling Off Due to Debt Concerns
September 1, 2018 - After years of robust investments in Ethiopia, China is said to be cooling off due to mounting debt of the country, according to Reuters.
Ethiopia has been a top destination for Chinese loans in Africa, with more than $12.1 billion since 2000
As Ethiopia faces debt distress, the report says, there are signs that China is slowing financing to Ethiopia as doubts grow over the profitability of some infrastructure projects there.
“The intensifying repayment risks from the Ethiopian government’s debt reaching 59 percent of GDP is worrying investors,” China’s mission to t
| World Bank to Provide Ethiopia $1 Billion in Budgetary Support
August 25, 2018 - During his first news conference since he became Prime Minister of Ethiopia. Dr. Abiy Ahmed disclosed that the World Bank has agreed to provide Ethiopia $1 billion in budget support in the next few months.
World Bank and other donor agencies suspended budgetary help following a vote in 2005 that was disputed by the opposition and accompanied by violence that killed 200 people, according to Reuters.
The prime minister said the current budgetary support from World Bank is due to the reforms taking place in the country.
Ethiopia has been facing severe foreign currency s
| Ethiopian Premier Receives Vietnamese President in Addis Ababa
August 23, 2018 - Prime Minister Abiy Ahmed received the President of Vietnam, Mr. Tran Dai Quang, who arrived in Addis Ababa today.
The Vietnamese President is in Addis Ababa on a three-day state visit to Ethiopia.
Vietnam has shown keen interest of late in investment opportunities in Ethiopia. Vietnam’s state-owned telecom company Viettel is especially eyeing opportunities in Ethio Telecom, following the announcement of partial sale of the company by the Ethiopian government.
Viettel currently operates or holds licenses in African markets including Mozambique, Burundi, Cameroon and Tanzania.
| 2.8 Million Ethiopians Internally Displaced - UNICEF Report
August 16, 2018 - The number of Internally Displaced Ethiopians has reached 2.8 million, up from 1.6 million at the beginning of the year, according to UN Children’s Fund (UNICEF) report.
Ethiopia has been going through various ethnic conflicts in the last three years, mainly in Oromia, Somali and Southern Ethiopia regions.
Increased communal violence and natural disasters across various parts of Ethiopia in the first half of 2018 is thought to be behind the spike in the number of displaced people in the country.
Ethiopia also hosts more than 920,000 refugees from neighbouring countries, includi
| UAE to Build Oil Pipeline Linking Port City of Assab and Addis Ababa
August 10, 2018 - The United Arab Emirates (UAE) has reached an agreement with Ethiopia to build oil pipeline linking port city of Assab, Eritrea, and Addis Ababa, according to ENA quoting the Ministry of Foreign Affairs.
According to the report, the agreement was reached when Prime Minister Dr Abiy Ahmed met with Reem Al Hashimi, UAE Minister for International Cooperation.
The two sides also discussed ways of increasing investment and consolidating bilateral ties between Ethiopia and UAE.
During a visit to Ethiopia on June 15, Crown Prince of Abu Dhabi and Deputy Supreme Commander of UAE’s
| UK Grants Ethiopia 115 Million GBP
August 8, 2018 - Ethiopia and the United Kingdom signed grant agreement for GBP 115 million at the Ministry of Finance and Economic Cooperation (MoFEC) today.
According to the agreement, 80 million GBP will be used to finance the Ethiopian Jobs Compact Program, while 35 million GBP will be used for Tax Systems Reform Program.
The grant will be used to support industrialization in Ethiopia aimed at creating 100,000 jobs for the locals and 30,000 jobs for refugees residing in the country.
The agreement was signed by Dr. Abraham Tekeste, Minister of MoFEC, and Ms. Penny Mordaunt, the UK Secretary of State for Internationa
| Leaders of Ginbot 7 to Return to Ethiopia This Month
August 1, 2018 - Leaders of Patriotic Ginbot 7, an organization that has been conducting armed struggle from within Eritrea against the the EPRDF government, announced today that it will return to Ethiopia within one month.
In a press conference, the leaders of Ginbot 7 said the decision to return home followed discussion they held with Ethiopian Prime Minister Dr Abiy Ahmed in Washington DC on July 27, 2018. “The discussion was fruitful,” the leaders said.
“Patriotic Ginbot 7 is convinced that the current situation in Ethiopia is favorable to engage in a peaceful struggle,” they said.
| Prime Minister Abiy Ahmed Meets Ethiopians in Washington DC
July 28, 2018 - Ethiopian Prime Minister Abiy Ahmed on Saturday met members of the Ethiopian community living in Washington, D.C. area. He called for unity among Ethiopians.
“Let’s break the walls, let’s build a bridge. Let’s build a united Ethiopia. Let’s build one Ethiopian community," said Ethiopia's new prime minister.
"Let’s look inward and take the best from our history and social values. Let’s join in common purpose. Let’s build a just society," said Ahmed.
Calling the Ethiopian diaspora community "global ambassadors," the Prime Minister said: "We
| Ethiopian Prime Minister Meets US Vice President Mike Pence
July 28, 2018 - During his tour of the US where he met Ethiopians in the diaspora, Prime Minister Abiy Ahmed met the Vice President of the United states, Mike Pence. The Vice President reportedly commended the new Ethiopian Prime Minister for the reforms he is undergoing and for normalizing relations with Eritrea.
Here follows the full statement from the White House regarding this meeting.
The Vice President met today with Ethiopian Prime Minister Dr. Abiy Ahmed. The Vice President reaffirmed the United States’ longstanding partnership with the people of Ethiopia and applauded the historic reform efforts by Prime Minis
| FBI in Ethiopia Helping New Premier with Bomb Attack Investigation
June 25, 2018 - The U.S. Federal Bureau of Investigation (FBI) is assisting the governement of Prime Minister Abiy Ahmed in the investigation currently ongoing regarding the bomb blast that took place last Saturday at Meskel Square. Grenade was thrown at a rally held in support of the new premier where hundreds of thousands attended.
The US is believed to have closer relationship with the new Ethiopian government led by Prime Minister Abiy Ahmed.
The attack reportedly killed one person and wounded more than 150.
The head of Ethiopia’s Federal Police Commission Zeinu Jemal said experts from the U.S. were providing assista
| UAE to Grant Ethiopia USD 3 Billion
June 16, 2018 - United Arab Emirates (UAE) pledged $3 billion in aid and investments to Ethiopia on Friday, according to government of Ethiopia press release. The announcement follows the warm reception the Ethiopian Prime Minister, Abiy Ahmed, accorded Abu Dhabi’s crown prince, Sheikh Mohamed Bin Zayed.
The new Prime Minister of Ethiopia personally drove the crown prince around Addis Ababa. Abiy had travelled to both Abu Dhabi and Riyadh shortly after taking office.
The UAE will deposit $1 billion in Ethiopia’s central bank immediately to ease a severe foreign currency shortage, government spokesman Ahmed S
| Palestinian Ambassador Calls on Africa, Ethiopia to Engage in Peace Talks with Israel
May 21, 2018 - The Palestinian Ambassador to Ethiopia, Nasri Abujaish (PhD), called on Ethiopia and the African Union to engage in peace talks with Israel, according to the Reporter. The ambassador noted his country will no longer accept the US as a neutral negotiator after the US Embassy opening in Jerusalem.
The Ambassador announced this during a press conference held on the 15th of May 2018, to condemn the opening of the US embassy in Jerusalem.
“Ethiopia’s relation with the Arab world as well as being the seat of the African Union and the political capital of the continent; we accept Ethi
| Ethiopian PM Abiy Ahmed Concludes Middle East Visit
May 21, 2018 - Ethiopian Prime Minister Dr Abiy Ahmed has concluded a three day-trip to the Middle East, visiting Saudi Arabia and the United Arab Emirates (UAE), according to FBC.
In Saudi Arabia, he met with Crown Prince Mohammed bin Salamn and held discussion on bilateral, regional, and global issues.
The Ethiopian Premier stressed the importance of protecting Ethiopians living in Saudi Arabia. The visit resulted in the release of 1000 Ethiopians from Saudi prison. There are reports that Ethiopian billionaire Sheikh Al-amoudi may also be released following lobby by the Premier.
The two sides have agreed to strengthen coope
| Ethiopian Prime Minister Receives UN Human Rights Chief
April 25, 2018 - Prime Minister Dr Abiy Ahmed held talks with the UN High Commissioner for Human Rights Zeid Ra’ad Al Hussein at his office today, according to FBC.
The Ethiopian Premier and Zeid held discussion issues related to human rights and democratization process as well as the reforms taking place in Ethiopia.
The Prime Minister stressed that the objective of the reform was to strengthen human rights and democracy in the country.
“Building democratic system and improving the culture of democracy is not an option for Ethiopia. It is a matter of survival,” Prime Minister Dr Abi