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Ethiopia to Keep Control of Its Banks as Other Sectors Open Up

Ethiopia is shaking up its economy by opening many industries to foreign investors. Just don’t expect the government to loosen its grip on banks yet. “Banking, insurance, micro-credit and micro-saving…

Ethiopian Defense Minister Opposes Premier’s Party Merger Plan

Ethiopian Prime Minister Abiy Ahmed is facing opposition from one of his closest allies in his proposal to merge the ruling coalition into a new party. Defense Minister Lemma Megersa…

Opinion: Nobel Peace Prize for Abiy Ahmed a misguided decision

The Ethiopian laureate is surely a reformer, but he predominantly garners recognition beyond his country’s borders. Despite the Nobel committee’s well-meaning intentions, it is the wrong choice, writes Ludger Schadomsky.…

The Nobel Prize for Abiy Ahmed: Turning an irony into an opportunity

The award of the Nobel Peace Prize to Prime Minister Abiy Ahmed Ali of Ethiopia seems full of irony, and in many ways – perhaps too many. But first, and…

ETHIOPIAN AIRLINES BOEING 767 SUFFERS UNCONTAINED ENGINE FAILURE

An Ethiopian Airlines Boeing 767 was climbing out of Blaise Diagne International Airport on the 8th of October when its right hand engine failed. The aircraft, registered ET-AMG, was performing…

In rare protests, Egyptians demand President el-Sisi’s removal

Rallies in several Egyptian cities after businessman Mohamed Ali accused el-Sisi of corruption, called for resignation. Thousands of pro-democracy protesters marched in cities across Egypt on Friday, demanding the resignation…