Artisanal miner at Segele main pit. Picture: Akobo Minerals Addis Abeba – Akobo Minerals, the Scandinavian-based Ethiopian gold exploration and boutique mining company, Ethiopia’s Sovereign Wealth Fund, Ethiopian Investment Holdings (EIH), has made its first-ever international investment, acquiring a 7.4% stake in Scandinavian-based Ethiopian gold producer Akobo Minerals, according to Akobo. The investment, valued at …

Addis Abeba – The African Development Bank Group (AfDB) has signed an agreement with Ethiopian Airlines Group to mobilize $8 billion for the construction of Bishoftu International Airport, which is set to become Africa’s largest airport upon completion. A ceremonial signing to formalize the arrangement was held in Addis Abeba today, attended by Lemma Yadecha, …

Mekelle – Tigray People’s Liberation Front (TPLF) chairman Debretsion Gebremichael (PhD), cautioned on Friday that pushing displaced persons to return home without addressing security and justice concerns risks creating a “dangerous situation” in the region. Speaking on Friday after the party’s recent Central Committee meeting, Debretsion said conditions for a safe and sustainable return of …

As illegal miners in the Asgede district, located in the Northwestern Zone of the Tigray region, increasingly rely on toxic chemicals such as mercury and cyanide, the health and safety of the local community face a serious threat (Photo: Addis Standard Source) Mekelle — Tigray’s Task Force for Preventing and Combating Illegal Mining has seized …

(Illustration: Amnesty International) Addis Abeba – When I joined the Amnesty movement to lead its team serving an important sub region of the African continent, initially as the first regional director for Southern Africa, then as regional director for East and Southern Africa, one of my responsibilities was to connect the organization more closely with the …

Ezema top leadership after the party’s recent general assembly Photo: Ezema Addis Abeba – The Ethiopian Citizens for Social Justice Party (Ezema) has criticized the ruling party’s latest statement on Ethiopia’s political and security situation, accusing the ruling party of “sidestepping” its own failures and showing “a low level of commitment to accountability.” In its …

A display of a collection of jewelry collection made of various types of local gemstone at the 4th Mining and Technology Expo in November 2023 in Addis Abeba. Photo: Ministry of Mines Addis Abeba – The Oromia Mineral Development Authority (OMDA) moves to assert a significant stake over licensing and compliance matters in the region’s …

The U.S. State Department building in Washington, D.C. Photo: VOA Addis Abeba – The U.S. Department of State’s 2024 Country Reports on Human Rights Practices for Ethiopia has delivered a stark assessment of the country’s human rights situation, detailing widespread abuses by state and non-state actors in the context of ongoing conflicts in different parts …