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31/07/2024
The board of the International Monetary Fund (IMF) has nodded to a USD 3.4 billion extended credit facility for Ethiopia...
30/07/2024

The board of the International Monetary Fund (IMF) has nodded to a USD 3.4 billion extended credit facility for Ethiopia following five years of negotiations. The deal will see USD one billion of the total disbursed immediately while the remainder is scheduled to be disbursed over the coming four years, according to a statement released on July 29, 2024, just one day after Ethiopia moved to float its foreign currency policy regime....

The board of the International Monetary Fund (IMF) has nodded to a USD 3.4 billion extended credit facility for Ethiopia following five years of negotiations. The deal will see USD one billion of t…

Ethiopia's central bank floated the birr currency on Monday, a move it hopes will secure International Monetary Fund (IM...
30/07/2024

Ethiopia's central bank floated the birr currency on Monday, a move it hopes will secure International Monetary Fund (IMF) support and enable progress on a long-delayed debt restructuring. The birr's value against the U.S. dollar slumped by 30% to 74.73 per dollar, the country's biggest lender, Commercial Bank of Ethiopia said. The currency had been trading at 57.48 birr to the dollar on Friday....

Ethiopia’s central bank floated the birr currency on Monday, a move it hopes will secure International Monetary Fund (IMF) support and enable progress on a long-delayed debt restructuring. Th…

Diplomatic Briefing from the Amhara People: Escalating Conflict and Human Rights Violations in the Amhara Region, Ethiop...
30/07/2024

Diplomatic Briefing from the Amhara People: Escalating Conflict and Human Rights Violations in the Amhara Region, Ethiopia Amhara Digital DiplomacyJuly 29, 2024 Dear Esteemed Diplomatic Member, Addis Ababa, Ethiopia Amhara Digital Diplomacy is writing to provide a weekly briefing on the ongoing conflict in the Amhara Region of Ethiopia. This briefing highlights significant developments, human rights abuses, and the pressing need for international diplomatic intervention....

Diplomatic Briefing from the Amhara People: Escalating  Conflict and Human Rights Violations in the Amhara Region, Ethiopia  Amhara Digital DiplomacyJuly 29, 2024 Dear Esteemed Diplomatic…

27/07/2024

Today in Ethiopian History.

108 years ago today in 1916, Crown Prince Asfaw Wossen Haile Selassie (later Emperor-in-exile Amha Selassie I) was born to his parents, the then Dejazmatch Tafari Makonnen and Woizero Menen Asfaw (later Emperor Haile Selassie I and Empress Menen) in the walled city of Harrar. He was the Emperor’s third child and eldest son.

He was born at a time that his father Dejazmatch Tafari’s and the then in-crowned Emperor-designate Lij Iyasu’s relationship had reached a final breakdown. Lij Iyasu and Dej. Tafari were second cousins, while Woizero Menen was also Lij Iyasu’s niece. Lij Iyasu had stripped Dej. Tafari of his governorship of Harrar, and arrived in the city just after Woizero Menen had given birth to her son, the then Lij Asfaw Wossen. Lij Iyasu callously ordered his niece to immediately vacate the Governors Palace for him to take residence while she was still in her birthing bed. Kegnazmatch (later Leul Ras) Imiru wrote in his autobiography that he had to plead with Lij Iyasu to give Woizero Menen time to recover and for the baby to be baptized (40 days after birth). Lij Iyasu relented, but then Woizero Menen got wind of a plan he had come up with to compel her to divorce her husband and marry one of his allies. So shortly after her baby was baptized, with the help of Kegnazmatch Imiru she snuck out of Harrar with her children disguised as a Somali woman and boarded the train at Dire Dawa and rejoined her husband. In September of that year during Meskel celebrations, Lij Iyasu was deposed by the nobility and Empress Zewditu assumed the throne with the now Leul Ras Tafari Makonnen as Crown Prince and Regent.

Prince Asfaw Wossen became Crown Prince of Ethiopia in 1930 when his father was crowned as Emperor Haile Selassie. Shortly thereafter he married Princess Wolete Israel Seyoum, daughter of Leul Ras Seyoum Mengesha of Tigray and a great-granddaughter of Emperor Yohannes IV. They would become the parents of Princess Idjigayehu Asfaw Wossen. The Prince and Princess separated in 1937 while in exile and divorced in 1941. Crown Prince Asfaw Wossen subsequently re-married. His second wife was Princess Medferiashwork Abebe, daughter of the Addisge nobleman Dejazmatch Abebe Damtew, and Woizero Wosenyelesh Mengesha, and granddaughter of Ras Bitwoded Mengesha Atikem, a veteran of Adwa, ruler of Damot and Agew Midr, as well as sometime regent of Gojjam. By Princess Medferiashwork Crown Prince Asfaw Wossen had three more daughters and a son, Princesses Mariam Sena, Sifrashbizu and Sehin, and Prince Zera Yacob.

Crown Prince Asfaw Wossen served as governor of Wollo with the title of Merid Azmatch which was revived for him. He also served briefly as Governor of Beghemidir (Gondar), and temporarily as Governor of Tigray. He was widely regarded as being politically more liberal than his father and much of the nobility, and was widely believed to hold the view that the crown should move towards a more ceremonial role. He of course never issued a public statement to that effect while Crown Prince. Crown Prince Asfaw Wossen suffered a debilitating stroke in 1973 and was rushed to Switzerland for treatment. He was there with his wife and children when revolution broke out in Ethiopia. They would eventually move to London.

The Crown Prince had been proclaimed Emperor briefly by the failed Imperial coup leaders in December 1960. He was again proclaimed “King” (not Emperor) by the Derg in September 1974 when they deposed his father, but he never acknowledged the proclamation. At the time he was being treated in Switzerland after suffering a major stroke a year earlier. He issued a strong denunciation of the massacre of Imperial officials in November of that year, and the Derg formally abolished the monarchy in March 1975.

Crown Prince Asfaw Wossen was proclaimed Emperor-in-Exile in London in April 1989. He took his baptismal name of Amha Selassie as his reigning name as his father had done before him. He stated that his intention was to restore the monarchy, but as a ceremonial Constitutional Monarchy under a parliamentary democracy. He established the Moa Anbessa monarchist movement and reinstituted the Crown Council in exile. While acknowledging that a federal system might be of benefit for Ethiopia he rejected an ethnic basis and advocated keeping the historic regions as the units of the Federation. He also issued a statement urging the continued union of Ethiopia and Eritrea, perhaps under a new federal arrangement. The refusal of the EPRDF to accord the remains of Emperor Haile Selassie a state funeral caused tense relations between the Imperial family and the EPRDF, and the postponement of the funeral, and the return of the Imperial family to Ethiopia.

Emperor-in-exile Amha Selassie I had moved to the suburbs of Washington DC where there was a larger Ethiopian community and it was there that he passed away in February 1997. His body was brought back to Ethiopia and he was the first member of the Ethiopian Imperial family to be given a funeral inside Ethiopia after the revolution.

May his memory be eternal.

24/07/2024
24/07/2024

Public transport in Addis Abeba is on life support. Of 1,517 public buses, 327 were out of service due to poor maintenance - that’s over 21pc of the fleet! The mismanagement extends beyond buses; it affects thousands of commuters daily, impeding the city's productivity. Violations of procurement regulations and unaccounted liabilities are bleeding the city dry. The audit uncovers 67.16 million Br in procurement violations and 242.08 million Br in unpaid liabilities across 54 institutions.

Read more https://ow.ly/HRMV50SIYfK

Officials in Kencho Shacha Gozdi district on Tuesday warned that the death toll could rise further as local people used ...
24/07/2024

Officials in Kencho Shacha Gozdi district on Tuesday warned that the death toll could rise further as local people used shovels and their bare hands to search for survivors. Most of the victims were rescue workers buried in a mudslide on Monday morning as they searched the steep terrain for survivors of another mudslide the previous day. Many people remained unaccounted for, said Markos Melese, director of the disaster response agency in Gofa Zone....

Officials in Kencho Shacha Gozdi district on Tuesday warned that the death toll could rise further as local people used shovels and their bare hands to search for survivors. Most of the victims wer…

https://www.youtube.com/live/lNQuaMO2_j8?si=Bhszhfsf81ILB7bC
23/07/2024

https://www.youtube.com/live/lNQuaMO2_j8?si=Bhszhfsf81ILB7bC

The Ethiopian Tribune – የኢትዮጵያ ትሪቢውን። ልዩ ዝግጅት። ከሃገረ ብሪታኒያ።132 የቀሐሥ የልደት በዓል። ባዝ ፌርፊልድ ቤተ መንግስት።The Ethiopian Tribune – የኢትዮጵያ ትሪቢውን። ልዩ ዝግጅት።ሃ.....

19/07/2024

Access to finance remains the Achilles' heel of the industrial sector. Stringent collateral requirements and high interest rates keep firms reliant on personal savings. The foreign exchange shortage adds to the woes. To hit the 10pc growth target for the industrial sector, as Prime Minister Abiy Ahmed's (PhD) prognosis before Parliament, innovative financial solutions and policy coherence are imperative. Ethiopia has potential — now it needs the strategy.

Read more: https://ow.ly/jTcT50SBnpq

Somali government alleges that the fi****ms were smuggled from Ethiopia. Other sources say the Somali government purchas...
17/07/2024

Somali government alleges that the fi****ms were smuggled from Ethiopia. Other sources say the Somali government purchased them from the Ethiopian government. Among the Ethiopian fi****ms looted by militia in central Somalia (Photo credit : Horn Observer) Two trucks of fi****ms believed to have originated from Ethiopia were reportedly looted by militia forces in Galmudug State, Somalia. Conflicting narratives surround the incident....

Somali government alleges that the fi****ms were smuggled from Ethiopia. Other sources say the Somali government purchased them from the Ethiopian government. Among the Ethiopian fi****ms looted by…

PM Abiy Ahmed and FM Berhanu Jula (photo : PD/file) By Atnafu PetrosLLM Human Rights Student at AAU Introduction I were ...
17/07/2024

PM Abiy Ahmed and FM Berhanu Jula (photo : PD/file) By Atnafu PetrosLLM Human Rights Student at AAU Introduction I were motivated to write this article when I read the article titled “The continuing violence and Armed conflict in the Horn of Africa: Root Causes and Impacts,” by Abdirezak Sahane on July 15,2024, published online on borkena.com In his article the author labeled the horn of Africa region as the area where armed conflicts were sparking and there were security challenges....

http://ethiopiantribune.com/2024/07/is-the-government-of-ethiopia-committed-to-a-peace-deal-before-or-aftermath-of-the-start-of-armed-conflicts/

PM Abiy Ahmed and FM Berhanu Jula (photo : PD/file) By Atnafu PetrosLLM Human Rights Student at AAU    Introduction I were motivated to write this article when I read the article tit…

July 15, 2024Ajay BangaPresidentWorld Bank Kristalina GeorgievaManaging DirectorThe International Monetary Fund Re: Impe...
17/07/2024

July 15, 2024Ajay BangaPresidentWorld Bank Kristalina GeorgievaManaging DirectorThe International Monetary Fund Re: Impending Genocide in Ethiopia:The IMF and World Bank at a Cross Between Complicity and Culpability Dear Mr. Banga and Dr. Georgieva: We, the undersigned organizations, write this both as American taxpayers and people of Ethiopian origin. We focus on two issues. First is our grave concern about an impending Genocide in Ethiopia and the role…...

July 15, 2024Ajay BangaPresidentWorld Bank Kristalina GeorgievaManaging DirectorThe International Monetary Fund Re: Impending Genocide in Ethiopia:The IMF and World Bank at a Cross Between Complici…

Isael Ze Etiel According to the Heritage Foundation 2024 Index of Economic Freedom Country Profile, Ethiopia’s economic ...
16/07/2024

Isael Ze Etiel According to the Heritage Foundation 2024 Index of Economic Freedom Country Profile, Ethiopia’s economic freedom score is 47.9, making its economy the 156th freest in the 2024 Index of Economic Freedom. Its rating has decreased by 0.4 point from last year, and Ethiopia is ranked 37th out of 47 countries in the Sub-Saharan Africa region. The country’s economic freedom score is lower than the world and regional averages....

Isael Ze Etiel     According to the Heritage Foundation 2024 Index of Economic Freedom Country Profile, Ethiopia’s economic freedom score is 47.9, making its economy the 156th f…

https://www.youtube.com/live/7rSZtU3iV_I?si=zyOMmYE_3RmYWQFB
15/07/2024

https://www.youtube.com/live/7rSZtU3iV_I?si=zyOMmYE_3RmYWQFB

The Ethiopian Tribune – የኢትዮጵያ ትሪቢውን። ልዩ ዝግጅት።ውይይት በሃገረ በሪታኒያ።ሃገረ ኢትዮጵያ እንዴት ስነበተች? ነጻ ውይይትThe Ethiopian Tribune – የኢትዮጵያ ትሪቢውን። ልዩ ዝግጅት።ሃገረ...

https://www.youtube.com/live/mY8j0QraTIg?si=CTF3f0whejrV0whh
14/07/2024

https://www.youtube.com/live/mY8j0QraTIg?si=CTF3f0whejrV0whh

Day two July 13 2024 የኢትዮጵያ ስፖርት እና ባህል ፌደሬሽን በዩኬ- Ethiopian Sports & Culture Federation in the UKዝግጅቶቻችንዜና ኢትዮጵያ ዛሬlatest ethiopian newsethiopia latest news...

https://www.youtube.com/live/OucGKESNcS4?si=k7_X7ukjChJstAxQ
12/07/2024

https://www.youtube.com/live/OucGKESNcS4?si=k7_X7ukjChJstAxQ

Day One July 13 2024 የኢትዮጵያ ስፖርት እና ባህል ፌደሬሽን በዩኬ- Ethiopian Sports & Culture Federation in the UKዝግጅቶቻችንዜና ኢትዮጵያ ዛሬlatest ethiopian newsethiopia latest news...

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