Djibouti, Ethiopia Accuse Eritrea of Sabotaging Stability

By Paul Richardson    (Bloomberg) — Ethiopia and Djibouti accused Eritrea of sabotaging regional stability, a charge denied by the Horn of Africa nation which has fought with both neighbors. Eritrea’s government has a “continuous destabilization policy” and the international community should tighten sanctions, the leaders of Ethiopia and Djibouti said in a statement following

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Three Ethiopian injured in South Sudan grenade attack

By Godfrey Olukya   Three Ethiopian businessmen were on Wednesday severely injured after unknown assailants hurled grenades at their shops in South Sudan’s Jonglei state. The trio is reportedly recovering at Bor Civilian Hospital in Jonglei. According to reports, the three were attacked while sitting in front of their shop near a local market at

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Yara study confirms potash mining potential in Ethiopia

By GlobeNewswire Oslo-A feasibility study, carried out on behalf of Yara International confirms significant potential to extract potash in the Danakil depression in northeastern Ethiopia. The independent study identified an annual production of 600,000 metric tons sulfate of potash (SOP) over 23 years from reserves (Kainite, Carnallite and Sylvinite) at Yara’s Danakil concession. The company,

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Banking Giant HSBC Sheltered Murky Cash Linked to Dictators and Arms Dealers

Swiss Leaks, ICIJ By: Gerard Ryle, Will Fitzgibbon, Mar Cabra, Rigoberto Carvajal, Marina Walker Guevara, Martha M Hamilton and Tom Stites Secret documents reveal that global banking giant HSBC profited from doing business with arms dealers who channelled mortar bombs to child soldiers in Africa, bag-men for Third World dictators, traffickers in blood diamonds and

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It’s Time Ethiopia And Its Neighbours Took The Bull By The Horns

By Niyi Aderibigbe – Africa has had its fair share of crisis, but its current developmental strides are shifting focus from the continent’s troubles to the abundant potentials and opportunities. These positive changes have been reinforced by continuing regional integration in the Eastern, Southern and Western parts of the continent. However, the countries in the

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Ethiopian capital expands airport, plans new hub to meet growth

By Aaron Maasho ADDIS ABABA (Reuters) – Ethiopia will complete expansion work on the capital’s airport in 2018 to triple the number of passengers it handles from 7 million a year now and will soon pick a site for a new hub to deal with 10 times the number in future, a senior official said.

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Ethiopia, Sudan and Egypt to meet in March over Renaissance Dam Renaissance Dam

CAIRO: Egypt, Ethiopia and Sudan will meet March 1 in Khartoum to evaluate bids offered by consultation companies for conducting studies on the impact of the Ethiopian Grand Renaissance Dam on the Nile downstream countries, announced Egyptian Minister of Irrigation Houssam el-Moughazi Tuesday. Moughazi  told Youm7 Tuesday the deadline for the five companies to submit

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Historic Day for Ethiopian Cycling as Tsgabu Grmay wins Gold Medal

Tsgabu Grmay Africa Championship Pietermaritzburg, South Africa – It was a historic day for the Ethiopian cycling team as Tsgabu Grmay became the first rider from the East African Nation to win an elite gold medal at the continental road championships here today. The host nation was equally elated to see Ashleigh Moolman Pasio who

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Russia to help Egypt build first nuclear plant

Sissi makes announcement following talks with Putin, says project will be built in country’s northwest CAIRO — Russian President Vladimir Putin wrapped up a visit aimed at boosting ties with Egypt on Tuesday with Cairo and Moscow agreeing to build the Arab country’s first nuclear power plant. Putin’s two-day visit came with Moscow seeking to

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Family of Abebe Bikila Sues Vibram

The family of the late Ethiopian marathon champion Abebe Bikila is suing Vibram for allegedly using his name without permission, according to the Associated Press. The lawsuit, filed in federal court in Tacoma, Wash., claims that Vibram didn’t seek permission for trademarking the name “Bikila” and naming several of its minimally designed FiveFingers footwear running

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