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The Latest Update on Ethiopian News

Ethiopia’s Prime Minister Abiy Ahmed and Eritrean President Isaias Afwerki preached love and unity on Sunday at a concert attended by thousands of flag-waving guests, part of a rapprochement between the two nations after years of hostility. Isaias arrived in Ethiopia on Saturday for a three-day visit, a week after Abiy visited Eritrea. The Horn of Africa neighbours declared on Monday that their “state of war” over after two decades. As they entered the entered the Millennium Hall on...

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A horse, a shield and a spear – the prized possession of an Oromo traditional warrior – were gifts handed to visiting Eritrean leader Isaias Afwerki on his three-day visit to Ethiopia. The “delightful” gifts were handed to him by Lemma Megerssa, president of Ethiopia’s largest and most populous regional state, Oromia. Photos shared by the Chief of Staff of Ethiopian Prime Minister showed a visibly excited Afwerki with his gifts. This was his first visit to Ethiopia in two decades...

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Eritrean president Isaias Afwerki arrived in neighbouring Ethiopia on Saturday morning for the start of a three-day official visit. Afwerki was met at the Bole International Airport in Addis Ababa by his counterpart Prime Minister Abiy Ahmed and a high-level government delegation. PM Abiy’s Chief of Staff, Fitsum Arega, described the occasion as a “return home” for the Eritrean leader. “HE President Afeworki arrives in his other home, Addis Ababa,” Arega said in a tweet. Scenes similar to what...

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The United Nations Security Council imposed an arms embargo on South Sudan on Friday, nearly five years after civil war erupted in the country. A U.S.-drafted resolution won the minimum nine votes needed, while Russia, China, Ethiopia, Bolivia, Equatorial Guinea and Kazakhstan abstained, wary of voting for the measure amid regional attempts to revitalize the South Sudan peace process. Western states and top U.N. officials have long called for an arms embargo on South Sudan. A U...

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KCB Group, Kenya’s biggest bank by assets, will look at partnering with a local bank in Ethiopia, where a potential liberalisation of foreign investment rules could open up a market of 100 million people. The Kenyan bank opened an office in Addis Ababa three years ago to be ready in the market when opportunities arise, Chief Executive Officer Joshua Oigara said in an interview. Currently there are restrictions that bar foreign banks from making an investment. Oigara said that if...

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