Recovered Archive | The Abay Times

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Ethiopia, Russia advance nuclear energy cooperation with strategic roadmap

Ethiopia's Foreign Minister Gedion Timothewos held talks with Nikolay Spassky, Deputy Director General of Rosatom State Corporation, as the two countries advance nuclear energy cooperation through ...

Apr 1 · 1 min read

Africa

Federal forces take control of Baidoa as Southwest state leader resigns amid Somalia political crisis

Somalia's federal army has taken control of Baidoa, the largest city in Southwest state, as the regional leader resigned following weeks of escalating tensions with Mogadishu over electoral dispute...

Mar 31 · 2 min read

Africa

South Sudan Mining Attack Kills 74 as Government and Opposition Trade Blame

At least 74 mine workers were killed by gunmen over the weekend in mineral-rich Jebel Iraq, southwest of Juba, as South Sudan's government and main opposition party exchanged accusations over respo...

Mar 31 · 2 min read

Politics

Education Authority Revokes Licenses of 52 Private Colleges

The Federal Education and Training Authority revoked licenses of 52 private colleges for failure to comply with regulatory standards.

Mar 31 · 1 min read

Business

NBE Caps Insurance Company External Auditor Tenure at Six Years Maximum

The National Bank of Ethiopia (NBE) has capped external auditor tenure for insurance companies at a maximum of six years, structuring the limit as two three-year terms with mandatory competitive bi...

Mar 30 · 1 min read

Africa

Nine Dead, Dozens Missing as Migrant Boat Sinks Off Djibouti Coast

At least nine people died and dozens remain missing after a migrant boat sank off the coast of Djibouti, with 266 survivors rescued in an ongoing operation that highlights the deadly risks faced by...

Mar 29 · 2 min read

Business

Ethiopia Opens Special Economic Zone Banking to All Lenders in Investment Push

Ethiopia has opened banking services in Special Economic Zones to all licensed lenders, removing previous restrictions in a reform aimed at boosting investment competitiveness and improving financi...

Mar 28 · 1 min read

Business

Ethiopia Shifts to Integrated Infrastructure Systems as Construction Industry Focus Deepens

Ethiopia is moving away from isolated construction projects toward building integrated infrastructure systems and strengthening its national construction industry for long-term development, the Min...

Mar 28 · 1 min read

Politics

UK Pledges Climate Funding for Ethiopia While Cutting Overall Africa Aid by 60%

The UK government announced this week it is working to mobilize funding for climate resilience projects in Ethiopia, even as the Foreign Office simultaneously plans to cut aid to Africa by nearly 6...

Mar 28 · 1 min read

Politics

Government Orders Non-Essential Staff on Leave Amid Diesel Shortage

The Ethiopian government has instructed all public institutions and state-owned enterprises to place non-essential employees on annual leave as diesel shortages paralyze transportation nationwide.

Mar 28 · 1 min read