Saturday, October 15, 2022

Ethiopia restricts banks from issuing foreign currency

The move effectively freezes the import of dozens of items such as alcohol and cars, as businesses must register with banks to obtain the foreign currency needed to bring goods into the country.

In a letter to Ethiopia’s central bank, the Ministry of Finance said it had become nec



Ethiopian president stresses government “committed to a peaceful resolution” to Tigray war

 The President of Ethiopia, Sahle-Work Zewde, has reaffirmed the Government’s willingness to reach a peace agreement with the Tigray People’s Liberation Front (TPLF) to end the conflict unleashed in November 2020 in the Tigray region (north).

The leader has indicated before the



Ethiopia Creates Strong Regional Cooperation – President Sahle-Work

Addressing the joint session of the 6th tenure and second year of the House of Peoples’ Representatives and the House of Federation today, President Sahle-work said with regard to diplomacy, plenty of activities have been done during the concluded budget year in the region and in


Ethiopian president Sahle-work Zewde calls for negotiations to end Tigray war

Ethiopia's president Sahle-work Zewde has reiterated calls for negotiations and other peaceful resolutiion means to end the country's nearly two year civil war.

Zewde made the call while addressing the Ethiopian parliament Monday on the budget for the next fiscal year.



Ethiopia's civil war: Inside Tigray's capital Mekelle

Tigray rebel commanders have embarked on a new recruitment campaign, having previously been accused of forcing people to join the war effort.

Similar accusations have been levelled against Eritrea, which has entered the war on the side of Ethiopia's government.

The BBC has received