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Ethiopia to establish a Secondary Capital Market in a Year

Ethiopia is set to establish a Secondary Capital Market for local currency and Treasury bills in about a year.  “Foreign…

MasterCard sets up shop in Somalia, starts issuing Credit Cards

(Matina Stevis) MasterCard Worldwide this week started issuing credit cards in Somalia in a bid to tap the $1.6 billion…

Moody’s retains Ethiopia’s B1 rating – notes weak Institutional Strength

The leading creating ratings agency, Moody's Investors Service (abr. as Moody’s) retained Ethiopia’s B1 Credit rating. In its country credit…

MEDREK rejects election results, suggesting “civil disobedience could be next”

MEDREK, the main opposition coalition, rejected the results of the May 24th parliamentary and regional elections in a press conference…

Semayawi party: “This election was worse than the previous ones”

Semayawi party announced its rejection of both the process and the results of last weekend's election. The party rejected the…

Sources: Egypt transported NOT rescued Ethiopians from Libya

Egyptian army merely provided transportation, on its own initiative, to the repatriates from Libya, according to well-placed sources in the…

South African Xenophobic attacks: Product of a generation without roots

(Zecharias Zelalem) For those of you who haven't followed the reports emerging from South Africa in recent days, locals have…

Islamic State’s video shows beheadings of Ethiopian Christians in Libya

(Laura King) In a gruesome replay of earlier beheadings of captive Christians, a new Islamic State video distributed on social…

"If offered a chance to go back to Ethiopia today, I will do so": Victim of South African xenophobic attack

(Ntombi Mbomvu) An Ethiopian shop owner who immigrated to South Africa in 2009 is one of the victims who had…

South Sudan: The mediation effort and the current deadlock

(Abel Abate and Dr. Mehari Taddele Maru) It has been a year and few months since the South Sudan conflict…

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