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The Latest Update on Ethiopian News

Bearing no cancellations, this wednesday June 20, South Sudanese rebel leader Riek Machar will meet President Salva Kiir in Addis Ababa. This is after the rebel leader who is currently under house arrest in South Africa accepted an invitation from the new prime minister of Ethiopia Abiy Ahmed to broker peace between him and President Kiir. The meeting would be the first time that Kiir and Machar, the former vice president of South Sudan have met since a peace deal between...

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Somalia and Ethiopia announced they were jointly investing in four seaports to attract foreign investment to their two countries, the latest move in a tussle for access to ports along one of the world’s most strategic waterways. After Somalia’s president Mohamed Abdullahi Farmaajo hosted Ethiopia’s prime minister Abiy Ahmed for a meeting at the presidential palace in Mogadishu, the two leaders issued a joint statement of pledges to cooperate on everything from the development of infrastructure including...

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The United Arab Emirates pledged a total of $3 billion in aid and investments to Ethiopia on Friday, an Ethiopian official said, a major show of support for the new prime minister, Abiy Ahmed. The UAE will deposit $1 billion in Ethiopia’s central bank to ease a severe foreign currency shortage, government spokesman Ahmed Shide told Reuters at a palace in Addis Ababa after Abiy met with Abu Dhabi’s crown prince, Sheikh Mohamed Bin Zayed. No officials from the oil-rich...

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Nigerian entrepreneur invent smart book The dire state of Nigeria’s education sector has presented an opportunity for entrepreneurs like Chizaram Ucheaga, the co-founder of Mavis Computel, to step in with the innovative book and pen that can help close the many gaps being experienced. Mavis pen is a digital device with a high technology translating tool that synchronizes with notes on the talking book . The entrepreneur believes its immense contribution to education cannot be underestimated as its uses cut...

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A statement released by the Tigray People’s Liberation Front (TPLF), the ruling EPRDF’s oldest member, called Ethiopia’s recent decision to accept fully the Ethiopia-Eritrea Algiers Agreement and the subsequent decision by the boundary commission and to partially and/or wholly privatize major state owned companies have “fundamental flaws”. The statement also called for the executive and the council of ruling party EPRDF, led by the new Prime Minister Abiy Ahmed, to hold an emergency meeting to review...

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