ESAT English News

Ethiopia: Specter of economic crisis looms large due to forex crunch

by Engidu Woldie ESAT News (June 11, 2018) The effect of Ethiopia’s foreign currency crunch is beginning to show signs…

7 years ago

Protesters in Afar demand release of political prisoners, fair share of resources

by Engidu Woldie ESAT News (June 8, 2018) Residents of towns in Afar region took to the streets demanding the…

7 years ago

Ethiopia: METEC squanders hundreds of millions of dollars, says Parliament

ESAT News (June 7, 2018) A parliamentary committee has found that the Metals and Engineering Corporation (METEC) has squandered hundreds…

7 years ago

US donates C-130 Hercules transport aircraft to Ethiopia

ESAT News (June 7, 2018) Ethiopia has received from the United States a surplus Lockheed Martin C-130 Hercules transport aircraft.…

7 years ago

Ethiopia: PM appoints chief of staff and chief of intelligence

ESAT News (June 7, 2018) Prime Minister Abiy Ahmed today appointed General Seare Mekonen as the new Chief of Staff…

7 years ago

Forty-six Ethiopians drowned on Yemen’s shore

ESAT News (June 7, 2018) Forty-six Ethiopians have reportedly drowned yesterday when their vessel capsized in high waves as it…

7 years ago

Residents made homeless in Addis Ababa call for help

ESAT News (June 6, 2018) About 3,000 residents of Addis Ababa took to the streets protesting the demolishing of their…

7 years ago

Ethiopia opens up key sectors of economy for private investors

by Engidu Woldie ESAT News (June 6, 2018) The meeting of the ruling EPRDF that decided to “fully accept” the…

7 years ago

Loans to govt projects by Commercial Bank of Ethiopia reaches 14.5B USD

ESAT News (June 5, 2018) Loans to various government run projects by the Commercial Bank of Ethiopia (CBE) has reached…

7 years ago

Ethiopia lifts state of emergency

ESAT News (June 5, 2018) Ethiopia’s parliament, the House of People’s Representatives today lifted the state of emergency imposed in…

7 years ago