Hailstorms, floods devastate farmlands in Tigray and Amhara (photo: Tigray-Coomunication-Office Addis Abeba- Severe hail mixed with heavy rain in Tigray and a series of floods and landslides in Amhara have destroyed thousands of hectares of farmland, leaving tens of thousands of farming households facing hardship. In Degua Tembien Woreda of Southeast Tigray Zone, a hailstorm …

(Photo: NBE) Addis Abeba – It has now been over a year since Ethiopia formally transitioned from a crawling peg exchange rate system—in place for more than three decades—to a market-based foreign currency regime. This shift formed a cornerstone of the broader macroeconomic reforms introduced by the government in 2024, aimed squarely at addressing chronic foreign …

ENDF says denying Red Sea and Assab Port claim amounts to “banditry” (photo: ENDF) Addis Abeba – The Ethiopian National Defense Forces (ENDF) said that any attempt to deny Ethiopia’s claim over the Red Sea and the Port of Assab “cannot have a water-tight rationale other than banditry.” In a statement released on its official …

Debretsion Gebremichael (Photo: TPLF) Addis Abeba – The Tigray People’s Liberation Front (TPLF) has accused the guarantors of the Pretoria Peace Agreement—the United States, the European Union, the African Union, and the United Nations—of failing to act on their commitments, alleging that a “silent genocide” continues in Tigray nearly three years after the accord was …

Ethiopia’s investment climate remains fraught despite reform push, U.S. report warns Addis Abeba – Ethiopia’s economic reforms have yet to convince foreign investors, according to the 2025 Ethiopia Investment Climate Statement released over the weekend by the U.S. Department of State. Despite floating the birr, opening new sectors, and relaunching the Securities Exchange, persistent instability, …

The recently inaugurated Grand Ethiopian Renaissance Dam (Photo: EBC) Addis Abeba – In early September 2025, two significant events took place in Ethiopia: the inauguration of the Grand Ethiopian Renaissance Dam (GERD) and the second Africa Climate Summit (ACS2). The celebration of the GERD’s inauguration alongside the ACS2, a precursor to COP30, serves as a timely …

Hailstorms, floods devastate farmlands in Tigray and Amhara (photo: Tigray-Coomunication-Office Addis Abeba- Severe hail mixed with heavy rain in Tigray and a series of floods and landslides in Amhara have destroyed thousands of hectares of farmland, leaving tens of thousands of farming households facing hardship. In Degua Tembien Woreda of Southeast Tigray Zone, a hailstorm …

(Photo: NBE) Addis Abeba – It has now been over a year since Ethiopia formally transitioned from a crawling peg exchange rate system—in place for more than three decades—to a market-based foreign currency regime. This shift formed a cornerstone of the broader macroeconomic reforms introduced by the government in 2024, aimed squarely at addressing chronic foreign …

ENDF says denying Red Sea and Assab Port claim amounts to “banditry” (photo: ENDF) Addis Abeba – The Ethiopian National Defense Forces (ENDF) said that any attempt to deny Ethiopia’s claim over the Red Sea and the Port of Assab “cannot have a water-tight rationale other than banditry.” In a statement released on its official …

Debretsion Gebremichael (Photo: TPLF) Addis Abeba – The Tigray People’s Liberation Front (TPLF) has accused the guarantors of the Pretoria Peace Agreement—the United States, the European Union, the African Union, and the United Nations—of failing to act on their commitments, alleging that a “silent genocide” continues in Tigray nearly three years after the accord was …