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UAE-backed Egyptian forces arrive in Eritrea

Following coordination with the United Arab Emirates, Egyptian forces arrived in Eritrea today, Al Sharq has reported. The forces are armed with modern technology and heavy armoured vehicles. Sources told…

Ethio-Djibouti railway announces passengers, freight tariffs

Addis Ababa, January 1, 2018 (FBC) – The Ethio-Djibouti railway line today announced passengers and freight tariff According to Engineer Tilahun Farka, director general of Ethio-Djibouti Railway Transport Share Company,…

U.S. military kills 17 al-Shabaab militants in Somalia

Addis Ababa, January 1, 2018 (FBC) – The U.S. military intensified airstrikes in Somalia in the past week, killing at least 17 al-Shabaab terrorists behind increased deadly attacks in countries…

Ethiopia launches $270 mln SMEs Finance Project

Addis Ababa, December 28, 2017 (FBC) – Ethiopia today launched Small and Medium Enterprises (SMEs) Finance Project with 270 million US dollars. A study by the World Bank found that…

IMF chief starts Ethiopia visit today

Addis Ababa, December 13, 2017 (FBC) – Ms.Christine Lagarde, Managing Director of the International Monetary Fund (IMF) will start her visit to Ethiopia today. During her stay here, the Managing…

TPLF’s Marathon Meeting: An Insider’s Account

The long drawn out meeting of the TPLF in Meqelle had many wondering if it was going to spell lasting disaster for the party’s leadership or even to the party…