Kobo town Prosperity Party secretary killed amid rising attacks on local officials in Amhara region
https://addisstandard.com/kobo-town-prosperity-party-secretary-killed-amid-rising-attacks-on-local-officials-in-amhara-region/
Derbe Belete, head of the Prosperity Party (PP) office in Kobo town (Photo: Social Media) Addis Abeba – Derbe Belete, head of the Prosperity Party (PP) office in Kobo town, North Wollo Zone of the Amhara region, was reportedly killed by gunfire, sources informed Addis Standard. In an interview with Addis Standard, Sisay Belete, Derbe’s elder brother, confirmed …
Strained to the Limit: Rising transport costs, inflation leave Addis Abeba’s low-income earners on edge
https://addisstandard.com/strained-to-the-limit-rising-transport-costs-inflation-leave-addis-abebas-low-income-earners-on-edge/
In response to the recent increase in fuel prices, the minimum fare for short-distance taxi journeys has been raised from 4.50 birr to 10 birr, while the maximum fare for the longest distance has increased by 13.5 birr, reaching a total of 65 birr (Photo: Addis Standard) By Yishak Endris @Yishak_Endris Addis Abeba – Addis Standard met …
Residents of Oromia region report growing financial burden from mandatory contributions for militia, school meal programs
https://addisstandard.com/residents-of-oromia-region-report-growing-financial-burden-from-mandatory-contributions-for-militia-school-meal-programs/
(Photo: Oromia Militia Office/Facebook) Addis Abeba – Residents across Ethiopia’s Oromia region, including farmers and government employees, report increasing financial strain from what they describe as recurring demands by local authorities to fund student meal programs and support local militia expenses. A farmer from the Kofale district in the West Arsi zone, speaking anonymously, shared …
Gov’t pulls plug on Franco Valuta imports; sets two-week deadline to finalize ongoing transactions
https://addisstandard.com/govt-pulls-plug-on-franco-valuta-imports-sets-two-week-deadline-to-finalize-ongoing-transactions/
(Photo: Social Media) Addis Abeba – The Ethiopian government has officially banned the importation of goods using Franco Valuta, effective immediately. A letter signed by Finance Minister Ahmed Shede on November 7, 2024, outlines that importers have a two-week grace period to finalize their ongoing transactions through Franco Valuta. The letter explains that the temporary allowance for …
Bill to resolve 845 billion birr bad debt of state enterprises sparks heated debate in parliament before majority endorsement
https://addisstandard.com/bill-to-resolve-845-billion-birr-bad-debt-of-state-enterprises-sparks-heated-debate-in-parliament-before-majority-endorsement/
(Photo: HoPR/Facebook) Addis Abeba – A bill aimed at addressing nearly 845.4 billion birr in bad loans accumulated by state-owned enterprises (SOEs) at the state-run Commercial Bank of Ethiopia (CBE) has sparked a heated debate in parliament, with lawmakers voicing concerns about the potential consequences for the nation’s economy. Tabled before legislators on 05 November, 2024, by …
Blinken urges political dialogue amid rising violence in Ethiopia’s Amhara region, reaffirms US support for Pretoria Agreement
https://addisstandard.com/blinken-urges-political-dialogue-amid-rising-violence-in-ethiopias-amhara-region-reaffirms-us-support-for-pretoria-agreement/
Blinken and Abiy during the US-Africa Summit in Washington D.C. (Photo: Blinken/X) Addis Abeba – The U.S. Secretary of State, Antony Blinken, raised concerns about “growing violence” in Ethiopia’s Amhara region and stressed the need for political dialogue during a phone conversation with Prime Minister Abiy Ahmed, the U.S. State Department reported on Monday. “The …
Tigray’s Ayder Hospital struggles to deliver essential services as budget cuts bite; staff, patients confront tough choices
https://addisstandard.com/analysis-ayder-hospital-struggles-to-deliver-essential-medical-services-amid-budget-cuts-staff-patients-confronts-difficult-choices/
Opening its doors in 2008, Ayder Referral Hospital is one of the largest healthcare facilities in the Tigray region (Photo: Ayder Hospital/Facebook) By Molla Mitiku @MollaAyenew Addis Abeba – Berhane Gebremichael, a resident of Mekelle, the capital of the Tigray region, faced a challenging situation this year when his nearly three-year-old daughter, severely injured in an accident, was in critical …
Over 45 killed in Oromia’s North Shewa zone, including Wacale district administrator
https://addisstandard.com/over-45-killed-in-oromias-north-shewa-zone-including-wacale-district-administrator/
Nigussie Koru, the administrator of Wacale district (Photo: North Shewa Zone Prosperity Party Office) Addis Abeba – More than 45 individuals, including Nigussie Koru, the administrator of Wacale district in Oromia’s North Shewa Zone, were reportedly killed by armed assailants early on Friday, 01 November, 2024, sources told the BBC. A local resident, speaking anonymously …
NBE launches online interbank money market platform
https://addisstandard.com/nbe-launches-online-interbank-money-market-platform/
The National Bank of Ethiopia headquarters in Addis Abeba, Ethiopia. (Michele Spatari/Photographer: Michele Spatari/Bl) Addis Abeba – The National Bank of Ethiopia (NBE) launched an online interbank money market platform on 31 October, 2024, allowing commercial banks to conduct short-term borrowing and lending transactions. The platform, operating through the Ethiopian Securities Exchange (ESX), facilitates one-day …
PM Abiy affirms Ethiopia’s ‘unwavering interest’ in Red Sea access, pledges peaceful pursuit
https://addisstandard.com/pm-abiy-affirms-ethiopias-unwavering-interest-in-red-sea-access-vows-peaceful-pursuit/
(Photo: Office of the Prime Minister of Ethiopia) Addis Abeba – Prime Minister Abiy Ahmed, in his parliamentary address today, asserted that Ethiopia has an “unwavering interest” in gaining access to the Red Sea and aims to pursue this objective through “peaceful means.” PM Abiy told legislators on Thursday, “We do not seek it through …
PM Abiy signals Franco Valuta overhaul amid economic reform push
https://addisstandard.com/pm-abiy-signals-franco-valuta-overhaul-amid-economic-reform-push/
(Photo: EPA) Addis Abeba – Prime Minister Abiy Ahmed addressed the House of People’s Representatives today, announcing that adjustments to the Franco Valuta policy will be made soon. “One of the decisions that did not align with the reforms we have implemented in recent months is regarding the Franco Valuta,” the Prime Minister stated to legislators. He …
Somaliland President vows to uphold MoU with Ethiopia, accuses Somalia’s President of ‘campaign against’ Ethiopia
https://addisstandard.com/somaliland-president-vows-to-uphold-mou-with-ethiopia-accuses-somalias-president-of-campaign-against-ethiopia/
Muse Bihi Abdi, the President of Somaliland (Photo: Somaliland Presidency) Addis Abeba – Muse Bihi Abdi, the President of Somaliland, asserted that Somaliland will not back down from implementing the Memorandum of Understanding it signed with Ethiopia, despite any opposition or pressure from external parties. In an interview with the BBC, the president stated, “Nothing …
Ethiopia’s steel giant Abyssinia eyes $20 million IFC loan for East African expansion, green initiatives
https://addisstandard.com/ethiopias-steel-giant-abyssinia-eyes-20-million-ifc-loan-for-east-african-expansion-green-initiatives/
(Photo: Abyssinia Group of Industries) Addis Abeba – The Board of Directors of the International Finance Corporation (IFC) is set to vote on a financing package of up to $20 million in secured loans for Abyssinia Group of Industries (AGI), a leading steel manufacturer in Ethiopia and East Africa. According to the IFC, which is a member of …
Pfizer delivers one-billionth Pneumococcal vaccine dose to Ethiopia
https://addisstandard.com/pfizer-delivers-one-billionth-pneumococcal-vaccine-dose-to-ethiopia/
Addis Abeba – Pfizer, a leading biopharmaceutical company, announced on Tuesday the delivery of its one-billionth dose of pneumococcal conjugate vaccine (PCV) to Ethiopia as part of its long-standing collaboration with Gavi, the Vaccine Alliance, to support immunization in low-income countries. The milestone dose will aid Ethiopia’s efforts to protect children from pneumococcal disease, a …
Flight disruptions amid Israel-Hezbollah conflict hinder Ethiopia’s efforts to repatriate citizens from Lebanon
https://addisstandard.com/flight-disruptions-amid-israel-hezbollah-conflict-hinder-ethiopias-efforts-to-repatriate-citizens-from-lebanon/
Officials from the Ministry of Foreign Affairs welcome 51 Ethiopian citizens repatriated from Lebanon at Bole International Airport. (Photo: MoFA) Addis Abeba – The Ministry of Foreign Affairs reports that flight disruptions, amid the escalating conflict between Israel and Hezbollah in Lebanon, have hampered efforts to repatriate Ethiopian citizens, despite more than 5,000 Ethiopians having …
Tigray interim admin accuses TPLF faction of ‘coup d’état,’ asserts power-sharing is ‘non-negotiable’
https://addisstandard.com/tigray-interim-admin-accuses-tplf-faction-of-coup-detat-asserts-power-sharing-is-non-negotiable/
Getachew Reda, the President of the Tigray Interim Administration (Photo: Tigray TV) Addis Abeba– The Tigray Interim Administration has issued a statement accusing a faction within the Tigray People’s Liberation Front (TPLF), led by Debretsion Gebremichael (PhD), of engaging in what it termed an “official coup” against the regional government. In a statement released on …
Court to hear Tigray teachers’ lawsuit against regional, federal authorities over 17 months unpaid salaries
https://addisstandard.com/court-to-hear-tigray-teachers-lawsuit-against-regional-federal-authorities-over-17-months-unpaid-salaries/
(Photo: GREAT AFRICA/Facebook) Addis Abeba – The Tigray Supreme Court has scheduled a hearing for 21 November, 2024, in a case filed by the Tigray Teachers’ Association against the Tigray Interim Administration and the Ministry of Finance, regarding 17 months of unpaid salaries for educators in the region. The association, which initiated the lawsuit in …
Tradition at Crossroads: Preserving Oromo cultural traditions amidst diverse religious beliefs
https://addisstandard.com/tradition-at-crossroads-preserving-oromo-cultural-traditions-amidst-diverse-religious-beliefs/
Irreechaa Celebrations (Photo: Soko/Visit Oromia) By Abreham Lefe & Ababiyaa Ahmed Ajmel Addis Abeba – Adam Harun, a veteran Oromo artist, recently found himself at the receiving end of a heated social media campaign, after two video clips of his speeches circulated across different platforms. Some perceived his remarks as disrespectful to Islam, the faith …
Ministry lifts cement price, distribution controls; shifts to digital payments
https://addisstandard.com/ministry-lifts-cement-price-distribution-controls-shifts-to-digital-payments/
(Photo: Social Media) Addis Abeba – Kasahun Gofe, Minister of Trade and Regional Integration, announced that the Ministry’s previous arrangement for cement trade will be discontinued as of today, November 8, 2024. He explained that cement producers are now authorized to choose their own distributors and retailers to offer products to consumers at reasonable prices. Kasahun shared …
Parliament approves $738.2 million loan to South Sudan for cross-border highway
https://addisstandard.com/parliament-approves-738-2-million-loan-to-south-sudan-for-cross-border-highway/
Eyob Tekalign, State Minister of Finance of Ethiopia (left), Salva Kiir, President of South Sudan (middle), and Dr. Dier Tong Ngor, Minister of Finance of South Sudan (right) during the initial signing ceremony in 2023. Addis Abeba – Ethiopia’s House of People’s Representatives has approved a $738.2 million loan to South Sudan for the construction …
Unseasonal rains threaten crop yields in Ethiopia’s Oromia, Amhara regions; farmers report crop losses
https://addisstandard.com/unseasonal-rains-threaten-crop-yields-in-ethiopias-oromia-amhara-regions-farmers-report-crop-losses/
(Photo:Ministry of Agriculture) Addis Abeba – Farmers in Oromia and Amhara regions are facing challenges as unseasonal rain threatens agricultural production, leading to reports of crop losses and difficulties in protecting harvests from excessive rainfall. Temesgen Belay, a farmer from Alamin Hachalu kebele in the Guduru district of Horo Guduru Wollega zone, told Addis Standard …
News: TPLF calls for full Implementation of Pretoria peace deal on second anniversary, citing ‘unfulfilled’ commitments
https://addisstandard.com/news-tplf-calls-for-full-implementation-of-pretoria-peace-deal-on-second-anniversary-citing-unfulfilled-commitments/
Tigray Martyrs monument, the capital Mekelle’s famous landmark (Photo: Social Media) Addis Abeba – The Tigray People’s Liberation Front (TPLF) has issued a statement marking the second anniversary of the Cessation of Hostilities Agreement (CoHA), asserting that “major foundational points” of the accord remain unfulfilled despite two years having passed. In a statement released on …
Addis Abeba Islamic Council secures reinstatement for Muslim students suspended over religious attire
https://addisstandard.com/addis-abeba-islamic-council-secures-reinstatement-for-muslim-students-suspended-over-religious-attire/
(Photo: Social Media) Addis Abeba – The Addis Abeba Islamic Affairs Supreme Council has announced that an agreement has been reached permitting Muslim students, who had been suspended from four secondary schools for wearing religious attire, to return to their studies. This decision follows a wave of public concern regarding the treatment of these students, …
PM Abiy hails recent macroeconomic reforms as foundation for an era of sustainable growth amid ‘unintended’ outcomes
https://addisstandard.com/pm-abiy-hails-recent-macroeconomic-reforms-as-foundation-for-an-era-of-sustainable-growth-amid-unintended-outcomes/
(Photo: HoPR) Addis Abeba – Prime Minister Abiy Ahmed touted the success of the macroeconomic reforms introduced in late July by his administration during a parliamentary session on 31 October, 2024. He hailed the reforms as a pivotal step toward enhancing government revenue, fortifying foreign currency reserves, and revitalizing the financial sector. “We are at the beginning …
PM Abiy announces ongoing talks with armed groups operating in Amhara, Oromia regions
https://addisstandard.com/pm-abiy-announces-ongoing-talks-with-armed-groups-operating-in-amhara-oromia-regions/
(Photo: Office of the Prime Minister of Ethiopia) Addis Abeba – Prime Minister Abiy Ahmed addressed the House of People’s Representatives today, 31 October, 2024, announcing that the government has continued talks with “some members” of the armed groups operating in the Amhara and Oromia regions. The Prime Minister stated, “With the support of elders, the government …
Addis Abeba Islamic Council urges lifting of Muslim student suspensions over religious attire, cites lack of legal basis
https://addisstandard.com/addis-abeba-islamic-council-urges-lifting-of-muslim-student-suspensions-over-religious-attire-cites-lack-of-legal-basis/
(Photo: Social Media) Addis Abeba – The Addis Abeba Islamic Affairs Supreme Council has requested that Muslim students, reportedly suspended from four secondary schools in the city for wearing religious attire, be allowed to resume classes, citing that the restriction lacks legal basis. Reports recently emerged alleging that students were barred from school premises for …
UN Security Council to vote on phasing out Somalia assistance mission
https://addisstandard.com/un-security-council-to-vote-on-phasing-out-somalia-assistance-mission/
A meeting of the UN Security Council. (Photo :Angela Weiss/AFP via Getty Images) Addis Abeba – The United Nations Security Council is set to vote today on a draft resolution to phase out the UN Assistance Mission in Somalia (UNSOM) over the next two years, transitioning its responsibilities to the UN Country Team (UNCT) starting …
Somalia declares Ethiopian diplomat persona non grata, orders 72-hour departure
https://addisstandard.com/somalia-declares-ethiopian-diplomat-persona-non-grata-orders-72-hour-departure/
Somalia’s President Hassan Sheikh Mohamud (Photo: AFP) Addis Abeba– The Ministry of Foreign Affairs and International Cooperation of Somalia has declared an Ethiopian diplomat persona non grata, ordering him to leave the country within 72 hours, stating he “engaged in activities inconsistent with his diplomatic role.” In a statement on 29 October, 2024, the Ministry …
Deadly clashes between gov’t forces, Fano fighters leave civilian casualties across three zones in Amhara region
https://addisstandard.com/deadly-clashes-between-govt-forces-fano-fighters-leave-civilian-casualties-across-three-zones-in-amhara-region/
Addis Kidam town was one of the sites of fighting last Sunday. (Photo: Fagta District Communications) Addis Abeba – .Several civilian casualties and injuries were reported following clashes between government forces and Fano militias on Sunday, 27 October, 2024, across three zones in the Amhara region, according to residents who spoke with Addis Standard. Residents …
Over 700 families at Bakelo Camp in Amhara region struggle as aid runs dry
https://addisstandard.com/over-700-families-at-bakelo-camp-in-amhara-region-struggle-as-aid-runs-dry/
More than 5,000 IDPs currently reside in the Bakelo IDP camp located in Debre Berhan city in the Amhara region (Photo: Doctors with Africa CUAMM) Addis Abeba – Over 714 households in the Bakelo IDP camp in Debre-Berhan city, Amhara region, are struggling as food aid and humanitarian assistance have been abruptly halted. Camp residents told Addis …