The Ethiopian Earthquake: A 5.1 Magnitude Tremor Strikes Ādīgrat

The German Research Centre for Geosciences (GFZ) reported a magnitude 5.1 quake in Ethiopia near Ādīgrat, Tigray, only 12 minutes ago. The earthquake hit early afternoon on Monday, December 26th, 2022, at 3:21 pm local time at a shallow depth of 10 km. The exact magnitude, epicenter, and depth of the quake might be revised

Ethiopia Habtemariam Steps Down as CEO of Motown Records to Pursue New Endeavors

Ethiopia Habtemariam, the current chairwoman and CEO of Motown Records, announced on Tuesday that she will be stepping down from her position in order to pursue new opportunities. In a joint statement, Habtemariam and the company said, “It has been the greatest honor to work with some of the most incredible artists, songwriters and partners

Federal Government Delegation Visits Mekelle to Monitor Peace Agreement Implementation

A high-ranking delegation of the federal government of Ethiopia led by Speaker Tagese Tafo headed to the city of Mekele in the Tigray region. The delegation was sent to monitor the implementation process of a peace agreement that had been reached in the region, with the goal of ensuring that the main issues outlined in

Tewolde Gebremariam to Play Key Role in Potential Sale of Kenya Airways to Delta Airlines

The Kenyan delegation, led by President William Ruto, recently met with officials from Delta Airlines in Washington to discuss a potential sale of Kenya Airways, the national carrier of Kenya. Tewolde Gebremariam, the former Group CEO of Ethiopian Airlines, who is now a senior strategy adviser for Delta, was also present at the meeting. Gebremariam

Test

Biden Appoints Tsione Wolde-Michael, First Black Leader of President’s Committee on the Arts and the Humanities

Biden picks rising star at the Smithsonian to head presidential arts committee dissolved by the Trump administrationTsione Wolde-Michael, director of the Center for Restorative History at the Smithsonian’s National Museum of American History, is the first Black leader of the President’s Committee on the Arts and the Humanities Tsione Wolde-Michael, the new executive director of

Ethiopia brings new opportunities to the United States with the creation of 1600 jobs

WASHINGTON –On Thursday, the Board of Directors for the Export-Import Bank of the United States’ (EXIM) unanimously approved two transactions totaling more than $688 million. These transactions will create thousands of American jobs and bolster U.S. support of exports to the United Kingdom and Ethiopia. The Board’s first transaction guarantees $281 million from the Private Export Funding Corporation (PEFCO)

Spotify now available in Ethiopia

The music streaming giant, Spotify, is now available in Ethiopia. The new development allows users in Ethiopia to access over 80 million tracks, including 4.7 million podcasts, for free. Users in Ethiopia will also be able to access Spotify in Amharic. Spotify is the world’s most popular audio streaming subscription service, with 456 million users,

The federal government and Tigrayan senior military commanders are meeting in Nairobi to adopt the Terms of Reference for the African Union’s (AU) monitoring,

Representatives from the Ethiopian federal government and Tigrayan senior commanders are meeting in Nairobi, Kenya for a three-day consultative meeting on the implementation of the Ethiopia Permanent Cessation of Hostilities Agreement (CoHA). The meeting, which was originally scheduled for 20-23 December but has since been moved to 21 December, will involve discussions on the outcome

Fitch Downgrades Ethiopia to ‘CCC-‘; Removes From UCO

Fitch’s proprietary SRM assigns Ethiopia a score equivalent to a rating of ‘CCC+’ on the Long-Term Foreign-Currency IDR scale. However, in accordance with its rating criteria, Fitch’s sovereign rating committee has not utilised the SRM and QO to explain the ratings in this instance. Ratings of ‘CCC+’ and below are instead guided by the rating