ESAT English News

BREAKING: Ethiopia to implement Algiers peace agreement with Eritrea, boundary commission decision

By Engidu Woldie ESAT News (June 5, 2018) Ethiopia said it would implement the Algiers peace agreement signed with Eritrea in December 2000 and “fully accept” the Ethiopian Eritrean Boundary Commission decision that came after a two year bloody war between the two neighboring countries. According to the national broadcaster, ETV, the executive committee of the ruling EPRDF has made the ...

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“I suspected they could just kill me and dump me somewhere” Andy Tsege

“I suspected they could just kill me and dump me somewhere” Andy Tsege, the Ethiopian political prisoner released last week said in an interview on Victoria live. “I suspected they could just kill me and dump me somewhere” British national Andy Tsege spent four years on death row in Ethiopia after he was accused of being a terrorist. Now he ...

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Several houses set ablaze in violent clashes in Southern Ethiopia

ESAT News (June 4, 2018) Over fifty houses went up in smokes as clashes between the Guji and Gedeo communities in Southern Ethiopia resumed yesterday. The violence which has resumed after a month long lull has so far resulted in the death of over 200 people and the displacement of over 2,000 people. A recent assessment conducted by the UN ...

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China cuts back investment in Ethiopia

ESAT News (June 4, 2018) A report by the Financial Times says Chinese companies, which are the major investors in Ethiopia, are finding it difficult to get loans from their creditors to finance projects in the East African country. Chineses banks and credit insurance companies are worried about Ethiopia’s increasing debt and foreign currency crisis, according to the report. ESAT ...

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Ethiopia to lift state of emergency

by Engidu Woldie ESAT News (June 2, 2018) The cabinet of Ethiopia’s Prime Minister, also known as the Council of Ministers, has announced today that a state of emergency imposed in February would be lifted. The news comes in the form of a tweet by Fitsum Arega, the Chief of Staff of the Prime Minister, who wrote that the Council, ...

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Ethiopia: Bank Governor accused of providing illegal loan guarantee to EFFORT

by Engidu Woldie ESAT News (June 1, 2018) The governor of the National Bank of Ethiopia (NBE) has given illegal loan guarantees to the Endowment Fund for the Rehabilitation of Tigray (EFFORT), a business conglomerate owned by the ruling TPLF. According to ESAT sources at the National Bank of Ethiopia, the Governor, Teklewold Atnafu, has given several guarantees of upto ...

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PM Abiy Ahmed played very decisive role for my release, says Andy Tsege

by Engidu Woldie ESAT News (June 1, 2018) Andargachew Tsege has been reunited with his family in London in an emotional welcome at the Heathrow Airport where Ethiopians came out in huge numbers to celebrate his release after four years of imprisonment. Upon arrival, Andy acknowledged Prime Minister Abiy Ahmed for playing a key role to get him released. He ...

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Amnesty says Ethiopian authorities must immediately demobilize Liyu Police

ESAT News (May 31, 2018) Amnesty International said today that the Ethiopian government must immediately withdraw and disband the Liyu police unit of the Somali regional state, whose members are unlawfully killing people in neighbouring Oromia region. “Members of the unit, set up by the Somali state as a counter-terrorism special force, this week burnt down 48 homes belonging to ...

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Premier’s request to address Ethiopians in North America declined by Sports Federation

ESAT News (May 31, 2018) A request by Prime Minister Abiy Ahmed to address Ethiopians in North America at their annual sports festival has been declined by the organizing body. The request made by the Prime Minister to the Ethiopian Sports Federation in North America (ESFNA) through the Ethiopian Embassy in Washington, DC has been a hot topic of debate ...

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Ethiopia’s forex reserve at all time low, crisis result in firing of Governors of National Bank

By Engidu Woldie ESAT News (May 31, 2018) Ethiopia’s foreign reserve is at an all time low, only enough to cover imports for two weeks. Although not yet official, ESAT sources said the Prime Minister has made a decision to remove the Governor of the National Bank of Ethiopia, Teklewold Atnafu. According to reports reaching from Addis Ababa, the Deputy ...

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