(Photo: Woldia City Communications Office/Facebook) Addis Abeba – Following a brief but intense battle involving heavy weaponry in the vicinity of Woldia on Sunday evening, the city has experienced restricted movement and escalating tensions.

(Photo: DW) Addis Abeba – Three farmers were shot and killed yesterday morning on 14 October, 2024, in the Kore Zone of South Ethiopia, according to the families of the victims. The incident occurred in the village of Sheko, within the Kereda Kebelle of the Gorka district.

The headquarters of the National Bank of Ethiopia (Photo: Capital Finance International) Addis Abeba – The National Bank of Ethiopia (NBE) has introduced a new policy limiting the spread between the buying and selling rates of foreign exchange (FX) transactions to 2%.

EU Commissioner Jutta Urpilainen (left) and AU’s Albert Muchanga (right) during a signing ceremony for the €1.1 billion Team Europe initiative supporting AfCFTA in Addis Abeba. Addis Abeba – The European Union (EU) has pledged €1.1 billion as part of the Team Europe initiative to support the African Continental Free Trade Area (AfCFTA) and promote …

(Photo: AFP) Addis Abeba – Since the introduction of new macroeconomic reforms in late July 2024, less than one-third of the $282 million in foreign currency allocated by the Commercial Bank of Ethiopia (CBE) to importers has been utilized.

Blue Nile falls, Ethiopia (Photo: Divingmore) Addis Abeba – Ethiopia has announced that the Nile River Cooperative Framework Agreement (CFA) officially came into effect on 13 October, 2024, just days ahead of the second Nile summit scheduled to be held in Uganda on October 17.

Presidents Isaias Afwerki (right), Abdel Fattah El-Sisi (middle), and Hassan Sheikh Mohamud (left) at the Tripartite Summit in Asmara on 10 October, 2024 (Photo: X/ Yemane G. Meskel) By Batseba Kassahun Addis Abeba – The recent meeting between Eritrea, Somalia, and Egypt in Eritrea will be geopolitical concerns for Ethiopia, given the complex history and ongoing disputes …