Ethiopian Marks Star Alliance 20th Anniversary
August 1st, 2017 -
Ethiopian Airlines Group, a Star Alliance member, has colorfully marked the 20th anniversary of Star Alliance, the largest global airline network, while also inaugurating its maiden flight to Kaduna, Nigeria at a reception held at Ethiopian main hub Addis Ababa ...
Maximizing on IMF's positive report
Bereket Gebru 08-01-17 - The IMF released its World Economic Outlook report in July and it was one that brought the world a continuation of the good news it has been receiving recently. According to the report, global growth for 2016 is estimated at 3.2 percent...
Russia bans VPNs to stop users from looking at censored sites
President Vladimir Putin has signed a bill that prohibits services, including virtual private networks (VPNs), that enable users to skirt government censorship efforts.The law will take effect on November 1.VPNs use encryption to disguise the source of internet traffic, allowing users to view websites that are banned in their home countries.
Tsegabu Gebremairaim Reception in Mekelle Tigrai Ethiopia! Tsegabu recently completed the known world Tour De France Bicycle Competition for the second time.Tsegabu improved significantly his standing at the Tour from last year!
Amen Teferi 07-31-17 - Despite global economic slowdown in foreign direct investment flow, Ethiopia has attracted huge FDI. One of the catalytic factors in this growth, I guess, is the development of industrial parks. Ethiopia has been widely engaging in the development of industrial parks and it is...
Paving the way for industrialization
Bereket Gebru 07-31-17 - With
industrialization set as the most plausible route to become a developed state, all economies are competing to get there and ensure lingering prosperity. With Ethiopia, although the short term goal is to eradicate poverty...
755 US diplomats must leave Russia: Putin
Moscow (AFP) - President Vladimir Putin said 755 US diplomats must leave Russia and warned ties with Washington could be gridlocked for a long time, in a move Sunday that followed tough new American sanctions.The Russian foreign ministry had earlier demanded Washington cut its diplomatic presence in Russia by September to 455 -- the same number Moscow has in the US.
Congressman Chris Smiths Change of Heart: A Shift in U.S. Policy Towards Ethiopia
An amendment offered by Congressman Chris Smith (R-NJ), Chairman of the House Foreign Affairs Sub-committee on Africa has signaled an important shift in U.S. policy towards Ethiopia.
The amendment replaces the preamble to the February draft bill with very different language, focusing on the longstanding partnership between the United States and Ethiopia and Ethiopias progress in responding to the domestic challenges of public health, child survival, and food security, as well as the security challenges of an unstable region.
Gov't officials, businesspersons arrested on suspicion of corruption reach 42
Addis Ababa, July 29, 2017 (FBC) The number of government officials, businesspersons and brokers detained on suspicion of corruption has hit 42.Some 34 suspects were arrested last Tuesday and 8 more were added to the list since then, Getachew Ambaye, Ethiopias Attorney General, told Journalists today.
Three of the additional suspects are from the Addis Ababa housing development project office- namely Saba Mekonnen, Shimeles Alemayhu, and Tsedale Mamo.
Mesfin Engineering of EFFORT New Tractor Assembly Inaugration Reportage.
The tractor assembly inaugurated few days ago is an Indian technology. The assembly plant will assemble a variety of tractors suited to Ethiopia's farmland. Azeb Mesfin, CEO of EFFORT, Kiros Bitew Head of Agriculture Department from Tigrai Government and invited guest were present at the event.
Excited Azeb announced during the meeting EFFORT has paid the last 150 million birr bank loan Almeda Textile owned thanks to MESSEBO! She said Almeda has become profitable company now! This is an amazing development knowing how many of the top companies in Ethiopia are in debt these days!
Eritrea Extorts UK Refugees to Fund Somalia's al-Shabaab Islamist Fighters [SPECIAL REPORT]
The collection of a 2% income tax on Eritrean nationals living abroad violates UN resolution 2023 (2011) which condemns Eritreas use of the tax to destabilise the Horn of Africa region and to violate the sanctions regime. Some of the money is used to procure weapons for armed opposition groups.
The UN Security Council hardened sanctions against Eritrea in December 2011 over its alleged support for Islamist militant groups such as Somalias al-Shabaab.
Asian investment is turning Ethiopia into textile hub
ADDIS ABABA, Ethiopia The East African country of Ethiopia is fast developing into a dynamic apparel-sourcing hub, as low labor costs draw in international clothing makers.Manufacturers from China, South Korea, India and other countries have opened new plants in the nation, while a growing number of European and U.S. brands are sourcing garments there.
Government officials, businesspersons appear in court for alleged corruption
Addis Ababa, July 27, 2017 (FBC) Some 34 of the 37 senior government officials, businesspersons and brokers who were detained last Tuesday on suspicion of corruption, appeared in court today.The charges were read out to them at the second criminal bench of the federal high court. They are suspected of embezzling over 1.1 billion birr.
President Mulatu appoints 12 ambassadors
Addis Ababa, July 26, 2017 (FBC) President Mulatu Teshome today appointed 12 ambassadors who will represent Ethiopia abroad.According to a statement Office of the President sent to FBC today, the newly appointed ambassadors are:
Public participation is essential to meet the country's vision
Tesfaye Lemma 07-25-17 - The government frequently
made vivid that Ethiopia not only has been registering a double-digit growth,
but also undergoing a democratization process anchored in a federal system that
guaranteed the respect for the rights of nations, nationalities and peoples in