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Ethiopia, Self-reliantly Set to Soar to Space

After years of preparations and conducting feasibility study, Ethiopia is ready to moving to the space by launching its own communication satellite, ENA reported on Monday.

The Chinese giant Maxtor International Financial Services Group on Wednesday inked a memorandum of understanding with the Amhara Regional State that would enable the former to build a Special Economic Zone in Bahr Dar.

US, Canada issue travel warning

Not long after the 10-month state of emergency (SoE) was lifted by the House of People’s Representatives (HPR), stay home strike and isolated incidents of unrest has flared up in several parts of Oromia this week, resulting in business boycotting, road blockage and attacks on vehicles that refused to cease operation.

Mining sector to support transition to industrialization

The Ministry of Mines, Petroleum and Natural Gas (MMPNG) and the Italy-Chinese Joint Venture Company, Sekota Mining, on Thursday signed a large scale mining agreement that would enable the company to develop the first iron ore mine in Ethiopia.

The All Ethiopian Union Party (AEUP) and Blue Party (Blue) briefed members of the diplomatic community on various political issues, including their alliance and proposed merger, the impacts of the state of emergency (SoE) on the country’s political landscape, the upcoming Addis Ababa City Administration elections as well as their future plans, last week.

- Most use informal channels

Dispersed far and wide, members of the Ethiopian diaspora have sent in USD four billion last year via formal channels, a report indicated. Overall, they are expected to send USD 4.6 billion to the country by the end of this year, according to the same study.