Read the latest news from regional and global sources, presenting different voices and perspectives.
Nigeria, Libya, Ukraine… World Bank lists 39 countries where conflict is worsening poverty
Nigerian Eye
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June 28, 2025
The World Bank has listed Nigeria among 39 economies where poverty and hunger are worsening due to conflict and instability. According to a World Bank report, 39 economies comprise a mix of low-and middle-income economies, spread across all...
Majority of Ethiopia’s Gold Ends Up in Informal Markets, Report Finds
The Reporter Ethiopia
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June 28, 2025
Despite growing international demand and expanding trade ties, Ethiopia loses almost two-thirds of its gold production to informal and illegal channels, according to a study commissioned by the Embassy of India in Addis Ababa. Titled ‘Export...
Fuel, Fertilizer, and Fear: Ethiopia’s Farmers Caught in a Distant War
The Reporter Ethiopia
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June 28, 2025
Amhara Regional State, Ethiopia—At dawn, EsatuTesfaye hoists two empty jerrycans onto his donkey and begins the 14-kilometer trek to the nearest fuel depot in East Gojjam. Hours later, he arrives exhausted, only to find a hand-written sign pinned...
Mounted Might: Knights, Conquests, Prestige & Ethiopia’s Equestrian Legacy
The Reporter Ethiopia
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June 28, 2025
The forgotten power of the horse in shaping an empire Yves-Marie Stranger still remembers the stunned look on the faces of his guests. They had ridden horses in Mongolia, trekked across Kenya’s savannah, and galloped through the Argentine pampas....
Social Fabric and its Role in Transitional Justice in the Present Ethiopian Context
The Reporter Ethiopia
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June 28, 2025
The concept of social fabric is central to understanding the cohesion, resilience, and functionality of societies. In Ethiopia, a country with a rich cultural heritage and a long history marked mostly by unity, the social fabric has played a...
NBE Governor Blames ‘Bad Practices’ at Banks for Stubborn Forex Rate Disparity
The Reporter Ethiopia
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June 28, 2025
The Governor of the National Bank of Ethiopia (NBE) says mismanagement at commercial banks is fueling the gap between official and parallel forex exchange rates, which has proven difficult to close nearly a year after liberalization. The stubborn...
Crypto Boom Makes for Power Burden in Ethiopia
The Reporter Ethiopia
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June 28, 2025
Data centers set to consume 30 percent of grid electricity in 2025 The booming cryptocurrency mining and data center industry in Ethiopia is forecast to consume nearly a third of the country’s electricity supply in 2025, raising concerns about...
Elections and Stability: A Call for Genuine Commitment in Ethiopia’s Political Landscape
The Reporter Ethiopia
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June 28, 2025
Ethiopia’s political landscape remains tense due to prolonged conflicts and security challenges. The civil war in Tigray (2020–2022), though officially ended with the Pretoria Agreement, has left deep divisions, while other conflicts persist in...
Nigerian Banking Tech Firm Debuts in Untapped Ethiopian Market
The Reporter Ethiopia
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June 28, 2025
A Nigerian financial technology provider hopes to expand its business in Ethiopia following the successful execution of a digitalization contract with one of the scores of microfinance institutions operating in the country. Qore Technologies was...
Tigray Between Two Fires: Ethiopia’s Red Sea Ambitions, Eritrea’s Proxy Games and the TPLF’s Last Stand
The Reporter Ethiopia
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June 28, 2025
The Pretoria Peace Agreement, signed in November 2022, ended the Tigray war but excluded Eritrea from negotiations, a decision that sowed seeds of discord. The agreement mandated the withdrawal of foreign forces, including Eritrean troops, from...
39 countries at risk as World Bank warns of deadlier conflicts and deepening poverty
The Arabian Stories
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June 28, 2025
Washington: These nations, though home to less than 15% of the global population, account for a disproportionate share of the world’s poverty and instability. The report highlights that the 39 countries — stretching from the Marshall Islands in...
Ethiopia earns 2.44 bln USD from coffee export in 11 months
Xinhua News Agency
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ADDIS ABABA, June 27 (Xinhua) -- Ethiopia has exported 409,000 tonnes of coffee in the past 11 months, earning 2.44 billion U.S. dollars in revenue, the Ethiopian Coffee and Tea Authority (ECTA) said Friday. Speaking at a press briefing, ECTA...
Ethiopia’s Economic Reforms: IMF Support and NBE Financial Challenges
Zehabesha
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June 25, 2025
June 25, 2025 The Habesha What’s going on in Ethiopia’s economy, you ask? Well, quite a bit, it turns out! The IMF and the National Bank of Ethiopia (NBE) are working hand in hand to push forward Ethiopia’s economic reforms. With a whopping $3.4...
World Bank warns of deteriorating conditions in 39 fragile states amid rising conflicts
The Peninsula
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June 28, 2025
Washington: The World Bank warned of worsening conditions in the world's most conflict-affected and fragile countries, where crises are becoming increasingly deadly and frequent. In a comprehensive study of 39 countries classified as fragile and...
Ethiopia-China talks focus financial cooperation, infrastructure
Prensa Latina - Cuba
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June 27, 2025
The Addis Ababa Embassy in Beijing, quoted by Fana Broadcasting Corporate S.C., stated that the meeting addressed the progress of ongoing initiatives, particularly the Bishoftu International Airport Project, and broader actions to improve...
Financial cooperation and infrastructure focus Ethiopia-China talks
Prensa Latina - Cuba
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June 27, 2025
The Addis Ababa Embassy in Beijing, quoted by Fana Broadcasting Corporate S.C., stated that the meeting addressed the progress of ongoing initiatives, particularly the Bishoftu International Airport Project, and broader actions to improve...
Ethiopians in Korea Holds a Press Conference: The “Congratulatory Letter to New President Lee Jae-myung”
Pressenza
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June 27, 2025
On the 22nd of June 2025, Ethiopians in Korea organized and had an event in Seoul delivering a congratulatory letter to the newly elected Korean president. The event, the press conference was held in front of the Presidential office, 22...
Endorsed by the Ministry of Urban and Infrastructure, Big 5 Construct Ethiopia and East Africa Infrastructure & Water Expo support the country’s infrastructure and construction ambitions
South Africa Today
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June 27, 2025
Big 5 Construct Ethiopia, organised by dmg events and endorsed by the Ministry of Urban & Infrastructure, is set to return for its 3rd edition to Addis Ababa from 26–28 June 2025 at Millennium Hall. The event, co-located with the inaugural East...
World Bank: Conflict, instability driving extreme poverty in Nigeria and 38 other economies
Nairametrics
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June 27, 2025
The World Bank has raised alarm over the growing impact of conflict and instability on 39 developing economies, including Nigeria, warning that these states are being left behind on key development indicators, with extreme poverty, hunger, and...
The Israel-Iran war highlighted a harsh truth for Canada: Our oil economy has no future
The Globe and Mail
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June 27, 2025
Open this photo in gallery:Stability in oil prices despite war in the Middle East has demonstrated that Canada can't bank on the oil and gas industry for its economic future.Jeff McIntosh/The Canadian Press John Rapley is a contributing columnist...