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African Countries Teetering Under Debt Stress - IMF Report

Public debt rose above 50 percent of gross domestic product (GDP) in some 22 African countries at the end of 2016, up from ten countries in 2013

African-Debt-2018November 12, 2018 -- By the International Monetary Fund (IMF’s) own admission, there are circumstances where African governments’ debt levels are so high they become unsustainable, such that the scheduled debt service exceeds the capacity of the member to service it.

This rings true for a number of countries in the Sub-Saharan African region, where the organisation, in its regional economic outlook for the year, warned debt servicing

Leaders of Ethiopia, Eritrean, Somalia Vow to Strengthen Regional Economic Cooperation

Ethiopia-Eritrea-Somalia-Leaders-AmharaNovember 10, 2018 - The leader of Ethiopia, Eritrean and Somalia vowed to strengthen regonal economic cooperation while concluding their two-day summit in Amhara regional state of Ethiopia.

The two-day meeting between Ethiopian Prime Minister Abiy Ahmed, Eritrean President Isaias Afewerki, and Somalian President Mohamed Abdullahi Farmajo was meant to cement the outcome of the Horn of Africa economic integration agreement made earlier in September this year between the three leaders.

"This is a testimony for everyone that the history of the Horn of Africa has changed," the Somali president

Leaders of Eritrea and Somalia in Amhara Regional State of Ethiopia

Eritrean-Somalia-leaders-in-AmharaNovember 9, 2018 - The leaders of Eritrea and Somalia are in Amhara regional state of Ethiopia for trilateral and regional issue talks. President Isaias Afewerki of Eritrea and President Mohamed Abdullahi Farmajo of Somalia first arrived in the city of Gonder in Amhara regional state and then headed to Bahir Dar city, the regional capital of Amhara state.

The leaders visited Gondar University, an irrigation project in Dembia woreda, and the Bure agro-industry park in Bure city, according to ENA.

According to reports, the three leaders are expected to hold a tripartite meeting to cement the outcome of the Ho

PM Abiy Ahmed in Amhara State to Welcome Eritrean President

PM-Abiy-Ahmed-in-AmharaNovember 8, 2018 - Ethiopian Prime Minister Abiy Ahmed is in Gondar, Amhara Regional State, to welcome Eritrean President Isaias Afworki.

The Eritrean President Isaias Afworki is scheduled to visit Bahir Dar and Gondar beginning tomorrow.

Both leaders are also expected to visit different projects in the Amhara region.

This visit is a third trip to Ethiopia by President Isaias Afewerki since the peace agreement was signed between the two countries.

A delegation from the Amhara regional state visited Eritrea last September.

During the visit, the delegation met with President Isaias and other senior Eri

Eritrean President to Visit Amhara State of Ethiopia This Week

Isaias-Afewerki-Eritrea-InterviewNovember 7, 2018 - Eritrean President Isaias Afewerki is scheduled to visit Amhara Regional State of Ethiopia starting on Friday. This is the third time the Eritrean President is visiting Ethiopia in as many months since the historic normalization of relations brought about by Ethiopian Prime Minister Abiy Ahmed.

Earlier, he visited Addis Ababa twice. During the last visit, he also toured development projects in Ethiopia, including the indurial park in the southern city of Hawassa.

The Eritrean President was invited by officials of the Amhara regional state following visit to Asmara by their delegation a couple of

Ethiopian Government Launches Visa on Arrival for All African Citizens

Visa-on-arrival-EthiopiaNovember 2, 2018 - The Ethiopian Government launched visa on arrival for all African citizens, according to the Ministry of Foreign Affairs disclosure. The ministry disclosed this information at an event held yesterday at the headquarters of the African Union (AU).

In attendance were State Minister of Foreign Affairs, Hirut Zemene, Chairperson of the African Union Commission, Moussa Faki Mahamat, State Minister of Peace, Zeynu Jemal, CEO of Ethiopian Airlines, Tewolde Gebremariam, other government officials, diplomatic corps and invited guests.

Hirut Zemene said the Government of Ethiopia is offering visa-on-arrival services to

Ethiopian Ministry of Revenue Preparing Trade Rules with Eritrea

Ethiopia-Eritrea-cross-border-tradeNovember 2, 2018 - The Ethiopian Ministry of Revenue is Preparing trade rules with Eritrea, according to ENA report. A legal framework is being prepared that regulates the import-export trade between Ethiopia and Eritrea, according to Ethiopian Ministry of Revenue.

Ethiopia and Eritrea started normalization relations since Ethiopian Prime Minister Abiy Ahmed visited the Eritrean capital on July 8, 2018.

Since then, the Eritrean President Isaias Afewerki has visted Ethiopia twice. The two countries has since signed peace agreements and exchanged diplomatic posts.

Following the cessation of hostili

Ethiopia, Kenya and Zimbabwe Saw Strongest Gains in FDI Flow

FDI-Africa-2017October 29, 2018 -- Ethiopia saw one of the strongest FDI gains in Africa for year 2017, along with Kenya and Zimbabwe, according to a report from EY.com. By contrast, South Africa, Egypt, Mozambique and Cote d’Ivoire experienced declines in FDI projects in the same year.

South Africa is still the largest African FDI hub, with Morocco; Southern, West, East and North Africa all receive more or less equal FDI (measured in project numbers), according to the report.

The USA remains the single biggest country investing in Africa, while Western Europe (especially UK, France and Germany) is by far the biggest regional investor.

FDI was

ONLF Signed Peace Deal with Ethiopian Government

ONLF-signed-peace-EthiopiaOctober 22, 2018 - The Ogaden National Liberation Front (ONLF) signed a peace deal with the Ethiopian government on Sunday in Asmara, Eritrea, according to ENA.

The two sides have been in discussions for some time. It is not known exactly what was agreed upon except for general terms that the front will conduct peaceful struggle that was made public.

According to the Ethiopian Ministry of Foreign Affairs, this has ended one of the oldest armed struggles in the country.

Minister of Foreign Affairs, Workneh Gebeyehu led the Ethiopian delegation. He was accompanied by the Minister of Finance, Ahmed Shide, and the Vic

Foreign Ministers of Ethiopia, Eritrea in Somalia Pushing for Peace, Stability

FM-Ethiopia-Eritrea-in-SomaliaOctober 17, 2018 - The foreign ministers of Ethiopia and Eritrea visited Mogadishu today to appeal to all stakeholders in Somalia to work towards the peace and stability in country.

The two ministers Dr. Workneh Gebeyehu of Ethiopia and Osman Saleh Mohammed of Eritrea paid an official visit to Mogadishu today, October 17, 2018.

The visit was part of increased diplomatic cooperation between the three nations and following the trilateral agreement signed by the leaders of Ethiopia, Eritrea and Somalia in Asmara, in September 2018.

The current visit forms a marked departure from past politics in the region where

Eritrean President in Ethiopia on Two-Day Visit

Eritrean-President-in-EthiopiaOctober 14, 2018 - The President of Eritrea, Isaias Afwerki, is in Ethiopia for a two-day official visit. He arrived early Sunday at Addis Ababa Bole International Airport and was received by Prime Minister Dr. Abiy Ahmed along with Foreign Minister Dr. Workneh Gebeyehu and other high level government officials.

This is the second of two visits the Eritrean President made to Addis Ababa after a hostoric normalization of relations between the two countries.

During his current visit, the Eritrean President is expected to hold discussions with Prime Minister Dr. Abiy Ahmed on bilateral and regional issues to advance th

Traffic from Eritrea Causing Fuel Shortages in Tigray

Fuel-shortage-TigrayOctober 13, 2018 - The re-opening of borders between Ethiopia and Eritrea has created fuel shortages in major towns of Tigray, according to the Reporter.

Traffic has increased significantly, according to Tigray Urban Development, Trade & Industry Bureau. On average some 1,000 vehicles are said to coming to Tigray daily, with the figure sometimes going up to 2,000, according to the report.

Due to price differences and availability issues, drivers coming from Eritrea would like to fill up their vehicles in Tigray, causing shortages, especially in towns that do not have many gas stations.

The vehicles mostly are automobiles,

Eritrean Exodus to Ethiopia Intensifying - Report

Eritrean-migrants-EthiopiaOctober 12, 2018 - Since the opening of the border between Ethiopia and Eritrea, the rate of Eritrea migrants coming to Ethiopia has increased dramatically, according to the United Nations.

who were once arrested for dodging forced military service are now simply crossing over, according to the report.

 Most of the migrants are said to be women and children.

"I had to take this chance to leave the country now," one Eritrean migrant told AFP a few days after arriving in the Ethiopian border town of Zalambessa with her three daughters, all under six.

Eritrean refugee arrivals in border areas have now

TPDM Rebels Return to Ethiopia

TPDM-returns-EthiopiaOctober 10, 2018 - Rebel fighters from Tigray People’s Democratic Movement (TPDM), also known as Demhit, have returned to Ethiopia from Eritrea today, according to FBC report.

The former rebeles are said to number More than 2,000, according to the report, commanded by Chairman of the TPDM, Mr. Mekonen Tesfay.

The fighters were welcomed upon arrival by residents and local officials of the Zalambessa area.

The fighters will join the society after they are given training, it was noted.

TPDM reached an agreement with the government of Ethiopia to engage in a peaceful political activity following the meeting held

Eritreans Crossing into Ethiopia Increasing - ReliefWeb

Ethiopia-Eritrea-peaceSeptember 27, 2018 - The number of Eritreans crossing to Ethiopia has spiked since the opening of the Ethiopian-Eritrea border, according to ReliefWeb.

Citing the Shire District administration in Tigray regional state, the report states that up to 15,000 Eritreans have arrived in the Ethiopia since borders reopened.

Eritreans are taking advantage of reopening of border crossing to enter Ethiopia. Some are coming to visit relatives, others are coming for trade but also others are there to stay, accoroding to the report.

“The combination of unchanged conditions inside Eritrea and open borders has led to a stark increa

Ethiopian Government, ONLF Leaders Meet in Asmara

onlf-ethiopia-meetingSeptember 17, 2018 - Ethiopian government met members of the Ogaden National Liberation Front (ONLF) in Asmara, according to Eritrea’s information minister, Yemane G. Meskel.

The Ethiopian delegation included Ahmed Shide, Federal communication minister and Chairman of the Somali People’s Democratic Party, and the newlt elected President of Somale region, Mustafa Muhumed Omer. The ONLF team was led by its chairman Admiral Mohamed Omar.

Yemane said both parties reached a common understanding on the issues discussed.

‘‘They agreed to work together peacefully to protect the interests of the p

Ethiopia, Eritrea Open Borders for New Year, Hundreds Celebrate

Eritrea-Ethiopia-border-openSeptember 11, 2018 - Ethiopia and Eritrea opened their common borders for the first time in twenty years. Hundreds of people from the two countries crossed the border near Zalambesa and Burre and hugged each other and some wept as their leaders led celebrations to mark the reopening.

Ethiopian Prime Minister Abiy Ahmed and Eritrean President Isaias Afewerki visited the Debay Sima-Burre border crossing with members of their countries’ armed forces to observe the Ethiopian new year, as New York times reported. They then did the same at the Serha-Zalambesa crossing, the Eritrean information minister, Yemane Meskel, said.

Ethiopia, Eritrea and Somalia to Pursue Closer Ties

Ethiopia-Eritrea-Somalia-Sign-CooperationSeptember 6, 2018 - Ethiopian, Eritrean and Somali leaders held a tripartite meeting in the Eritrean capital Asmara yesterday, according to FBC report.

Following the meeting, the leaders signed a Joint Cooperation Agreement in the Eritrean capital.

They agreed to foster comprehensive cooperation that advances the goals of their peoples and build close political, economic, social, cultural and security ties.

Moreover, the three leaders agreed to work in coordination to promote regional peace and security.

They also established a Joint High-Level Committee to coordinate their

Ethiopian Embassy in Asmara Officially Opens Tomorrow

Ethiopian-Embassy-AsmaraSeptember 5, 2018 - The Prime Minister of Ethiopia, Dr. Abiy Ahmed, who is in a suprise visit to Asmara, Eritrea, officially re-opened The Ethiopian Embassy in Asmara.

The Ethiopian embassy in Asmara will start servicing beginning tomorrow.

Ethiopia has appointed Redwan Hussein as its ambassador to Eritrea.

Eritrea re-opened its Embassy in Addis Ababa last July.

Prime Minister Dr Abiy Ahmed and Eritrea’s President Isaias Afwerki held brief ceremony during the opening of the embassy.

Ethiopian Prime Minister Makes a Surprise Visit to Eritrea

Abiy-Ahmed-second-visit-EritreaSeptember 5, 2018 - Making unannounced visit, Prime Minister Dr Abiy Ahmed arrived in Asmara yesterday after quick visits to port cities of Assab and Massawa.

The Ethiopian Prime Minister visited both port cities of Eritrea, as well as the road connecting Assab to the Ethiopian border.

The current visit to Eritrea by the Ethiopian Prime Minister was not announced to the public in advance.

The event also marked the first ever docking in some twenty years of Ethiopian ship named Mekelle at the port city of Massawa.

The Ethiopian Premier is said to be happy with ongoing preparatory

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