Ethiopia adopts new forex exchange trading system

The Ethiopian government has transitioned to a market-based foreign exchange rate system, allowing the birr’s value to be determined by the market. This shift marks the most significant economic change in the country in 50 years, moving away from the…
Ethiopian athletes to watch at Paris 2024

The Opening Ceremony of the 2024 Olympic Games was held in Paris, France, on Friday, July 26, officially launching the Games of the XXXIII Olympiad. Forty-one Ethiopian athletes are in the French capital in pursuit of sporting glory. Team Ethiopia,…
Gofa landslide death toll could reach 500, UN

The death toll from landslides in the Gofa zone of southern Ethiopia has reached 257, according to the United Nations on Thursday, and the number could potentially increase to 500. The U.N. Office for the Coordination of Humanitarian Affairs (OCHA)…
New book chronicles the life of a veteran diplomat

In his memoir የዲፕሎማሲ ፋና (Yediplomasi Fana), Teruneh Zenna vividly describes the harrowing experience he spent detained at the Sendafa Police Training School in 1969 after participating in the “Land to the Tiller” demonstration. “When the police arrived, those of…
Eritrea will block Ethiopian Airlines flights

Eritrea has issued orders blocking Ethiopian Airlines flights to and from Asmara, with the ban set to be fully effective by the end of September 2024. The Eritrean Civil Aviation Authority has blamed Ethiopian Airlines for “consistent and malicious trading…