Experts, opposition figures say internally displaced used as ‘pawns’ in TPLF feud
News Experts, opposition figures say internally displaced used as ‘pawns’ in TPLF feud By Abraham Tekle December 7, 2024 “The party cannot save itself, let alone IDPs.” Nearly one million internally displaced persons (IDPs) find themselves caught in the middle of a political schism at the highest echelons of the Tigray People’s Liberation Front (TPLF). […]
Climate Investment Funds board backs $500 mln Ethiopia nature plan
News in brief ByStaff Reporter December 7, 2024 Multilateral lender Climate Investment Funds will back a USD 500 million plan to help drought-prone Ethiopia restore degraded land, protect its forests and bolster food security, it said on Wednesday. CIF’s board said it had agreed a USD 37 million investment from its Nature, People, and Climate […]
Lawmakers ratify overdue real estate bill, set standards for broker licensing
Business Lawmakers ratify overdue real estate bill, set standards for broker licensing By Elias Tegegn December 7, 2024 Nearly a decade after it was first proposed, Parliament has ratified the country’s first Real Estate Development Proclamation, setting educational and ethical standards for independent brokers and property managers. The Ministry of Urban and Infrastructure Development is […]
Central bank airs liquidity fears, fraud concerns in stability report
Business Central bank airs liquidity fears, fraud concerns in stability report By Ashenafi Endale December 7, 2024 NPL ratio could rise to 30pct in worst-case scenario The central bank’s latest Financial Stability Report forecasts increased liquidity risks for commercial banks in the short and medium terms. Trouble with meeting weekly liquidity and real-time gross settlement […]
Economists forecast GDP growth shrink, inflation bump in 2025
Business Economists forecast GDP growth shrink, inflation bump in 2025 By Ashenafi Endale November 30, 2024 A new policy paper published by the Ethiopian Economics Association (EEA) predicts a three percentage point drop in GDP growth and a 10 percentage point rise in the inflation rate over the coming months. The policy paper, titled ‘Initial […]
Report highlights deteriorating civic freedoms in Ethiopia
News Report highlights deteriorating civic freedoms in Ethiopia By Ashenafi Endale December 7, 2024 A new report from a global alliance of civil society organizations characterizes Ethiopia’s civic space as ‘closed,’ putting the country on par with the likes of the occupied Palestinian territory, Burkina Faso, Kenya, and eSwatini at the bottom of the rankings. […]
Persecution fears leave hundreds of Ethiopian peacekeepers stranded in Sudan
News Persecution fears leave hundreds of Ethiopian peacekeepers stranded in Sudan By Nardos Yoseph December 7, 2024 Nearly 750 ethnic Tigrayan ex-soldiers who were deployed in Darfur and the contested Abiye region straddling the border between Sudan and South Sudan have been stranded in a refugee camp for years, fearing persecution if they were to […]
UN-OCHA flags wide financing gap weighing down Ethiopia humanitarian response
News UN-OCHA flags wide financing gap weighing down Ethiopia humanitarian response By Abraham Tekle December 7, 2024 A new report from the United Nations Office for the Coordination of Humanitarian Affairs (UN-OCHA) highlights the constraints facing humanitarian efforts in Ethiopia in light of wide financing gaps. The Global Humanitarian Overview 2025 report underscored the challenges […]
Somaliland elections give rise to questions about MoU, regional politics
In Depth Somaliland elections give rise to questions about MoU, regional politics By Ashenafi Endale November 23, 2024 The residents of Hargeisa took to the streets in celebration this week as the de facto state of Somaliland welcomed its new president-elect, Abdirahman Mohamed Abdullahi, commonly known as Irro. Representing the Waddani Party, Irro won the […]
Experts say reparations crucial for transitional justice success
News Experts say reparations crucial for transitional justice success By Abraham Tekle December 7, 2024 A recent discussion on the Transitional Justice process saw calls for reparations, which advocates say is a crucial pillar of the initiative in line with the African Union Transitional Justice Policy (AUTJP). The call came during a seminar organized by […]