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Commercial Bank of Ethiopia’s System Failure: A Closer Look at the Consequences for Customers

Commercial Bank of Ethiopia’s System Failure: A Closer Look at the Consequences for Customers

The Commercial Bank of Ethiopia (CBE) is currently facing the challenge of recovering significant amounts of money that were withdrawn by customers due to a “systems glitch”. On Saturday, customers realized that they could withdraw more cash from their accounts than they actually had. According to local media, over $40m (£31m) was either withdrawn or […]

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How Ethiopian Bureaucracy Hinders Foreign Direct Investment

How Ethiopian Bureaucracy Hinders Foreign Direct Investment

 Eyasu Zekarias The Ethiopian government is currently confronted with a critical issue in luring fresh foreign direct investment (FDI) and promoting economic growth, primarily due to bureaucratic hindrances and a shortage of land, which are further compounded by the upcoming land proclamation. The intricate administrative processes and the restricted access to investment land present substantial

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Minnesota Senators Urge Biden Administration to Aid Ethiopia

Minnesota Senators Urge Biden Administration to Aid Ethiopia

By KTTC Minnesota. (KTTC) –Right now, a humanitarian crisis is unfolding in Ethiopia. Sen. Tina Smith Calls on Biden to Support Ethiopia Amid Crisis. The war has led to a conflict displacing millions of individuals in the region. Lawmakers, such as those from Minnesota, are now urging President Biden to take action. Senator Tina Smith, along

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Conditioning IMF Ethiopia Loan on Reforms: A Move for Human Rights and Anti-Corruption

Conditioning IMF Ethiopia Loan on Reforms: A Move for Human Rights and Anti-Corruption

By Mesfin Tegenu In the upcoming weeks, high-ranking officials from the International Monetary Fund (IMF) are scheduled to travel to Ethiopia for crucial meetings. Prime Minister Abiy Ahmed’s government has requested billions of dollars in aid to support the country amidst its internal conflicts. It is crucial to recognize that more than just financial assistance

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U.S. Report Highlights Risk of Renewed Conflict in Ethiopia Over Territorial Disputes

U.S. Report Highlights Risk of Renewed Conflict in Ethiopia Over Territorial Disputes

The U.S. Intelligence Community’s 2024 Annual Threat Assessment, published on 11 March, cautioned that even though the Pretoria Cessation of Hostilities Agreement (CoHA) was signed in November 2022 between the Ethiopian Government and the Tigrayans to end a two-year war, the lingering territorial disputes might reignite conflict. The threat assessment report was published on the

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The Devastating Effects of Abiy Ahmed’s Senseless War on the Amhara People 

The Devastating Effects of Abiy Ahmed’s Senseless War on the Amhara People 

By Habtamu Kebede. The ongoing war against the Amhara people has been raging for over a year now, and its intensity and destruction have only increased in every corner of the region. The regime is utilizing every weapon at its disposal to suppress and silence the voices of the Amhara people. It is evident that

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Advocating for Ethiopia: Key Discussions with the Senate Foreign Relations Committee

Advocating for Ethiopia: Key Discussions with the Senate Foreign Relations Committee

Washington Update, March 13, 2024 by Mesfin Mekonen Meeting with Senate Foreign Relations Committee Dr. Aklog Berera, Wzro Tsigereda Mulugeta, Counselor Bart Fisher and Mesfin Mekonen, representing ten Ethiopian-American organizations, recently briefed the Senate Foreign Relations Committee staff about the current situation in Ethiopia.  We discussed the deteriorated human rights situation and requested a hearing on

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The Battle of Adwa to Present: Navigating Ethiopia’s Internal Divisions

The Battle of Adwa to Present: Navigating Ethiopia’s Internal Divisions

Here are the thoughts I recently shared on The Habesha: The Path of Human History is circular. Einstein’s definition of insanity – repeating the same thing over and over again and expecting a different result. Win-Win is the only strategy that human beings have used to make progress in a predictable way. Our ancestors, and

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Is Ethiopia a Failed State? The Truth Revealed

Is Ethiopia a Failed State? The Truth Revealed

As it stands, the territorial integrity and sovereignty of the Ethiopian state are both severely compromised. Constitutionally, the ethnic states constituting the Ethiopian Federation behave as if they were sovereign and in some cases vehemently contest the political arrangement that allows them to exist: that is to say, the federal state itself. In such circumstance,

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Why is Fano Stronger in Gojam Compared to Other Amhara Regions?

Why is Fano Stronger in Gojam Compared to Other Amhara Regions?

Yonas Biru Of recent, I have become a target of an Amhara Shene cabal (Dr. Bruke Lemma) who accuses me of “acting as a mouthpiece for the monstrous autocrat [Abiy Ahmed], advancing the Oromummaa agenda, and infiltrating and undermining the Amhara leadership.” The idiocy of the Ethiopian politics is often attributable to people who accidentally find interest in politics,

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Horn of Africa: A Journey from Historical Grandeur to Present Challenges and Future Aspirations

Horn of Africa: A Journey from Historical Grandeur to Present Challenges and Future Aspirations

UPDATED – MARCH 9, 2024 By Kidane Alemayehu. Abstract During most of the first millennium A.D., the Horn of Africa constituted a region that was a superpower in the affairs of northeastern Africa as well as southern Arabia. Its influence and, at times, its authority extended from Egypt to the Indian Ocean and across the

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