Funding global mineral value chains urgently requires three factors: supply, policy and investment, said Khalid Al-Mudaifer, Vice-Minister for Mining Affairs, Ministry of Industry and Mineral Resources, Kingdom of Saudi Arabia. Aside from these challenges, vast amounts of power will be required, as will smooth permitting processes, infrastructure, equipment and water supply. Instead, the Kingdom sees mining as a way to create jobs, diversify economy, and increase exports. Turning to policy and investment, he talked of Saudi Arabia’s success in comprehensively revamping its mining investment law, creating an investor-friendly environment andresulting in a huge increase in the number of exploration licenses. Saad Al Khalb, (CEO, Saudi Exim Bank), Alec Machiels (Board Member, Traxys) and Tom Kendall (Managing Director, Global Head of Metals Sales and Origination, ICBC Standard Bank).

In Somaliland, Ethiopians have been subjected to looting, destruction, and burning of property and physical assaults, a representative of immigrants and refugees told the BBC. There has been a growing trend of online calls for attacks on vulnerable refugee and non-refugee Ethiopians residing in Somalia. This is an exceedingly challenging period for the 40,000 Ethiopian refugees in Somaliland, he said. Simultaneously, Ethiopian refugees residing in Somalia have voiced safety concerns in the aftermath of the agreement signing and the widespread anger that follows it. The Somaliland deal poses risks for both Ethiopia and Somalia as hostilities are a concern for both nations.

Ethiopia Nigd Bank's fairytale run in the Ethiopia Premier League came to an end on Friday as they lost to Wolaitta Dicha. Ethiopia Nigd dominated proceedings in the first half but just couldn't break the resilient Wolaitta defence with the first half ending goalless. Azariyas Abel broke the deadlock in the 51 minute to lead his team to a 1-0 victory.

The heads of state of an African bloc will meet on Jan. 18 to discuss the worsening diplomatic relations between Ethiopia and Somalia over a disputed sea access deal, and the ongoing fighting in Sudan. Somalia has rejected Ethiopia's Red Sea port deal with Somaliland, calling it “illegitimate,” a threat to good neighborliness, and a violation of its sovereignty. Ethiopia lost its Red Sea ports in the early 1990s after the Eritrean War of Independence, which lasted from 1961 to 1991. The separation resulted in Ethiopia losing direct access to the Red Sea and key ports. The region has also witnessed a conflict in one of its member states, Sudan, that killed thousands and displaced millions.

Delta Air Lines confirmed rumors linking it to an unprecedented order for the Airbus A350-1000. The US carrier announced on January 12 that it had reached a deal for 20 of these aircraft in addition to another 20 purchase options. “Delta now welcomes the A350-1000, which will open even more opportunities for the airline and its customers. The A350-1000 will have Delta One Suites, Delta Premium Select and Delta Comfort+ classes, in addition to economy. Delta is currently Airbus’ largest customer in the United States, having ordered everything from A220, A320 jets to A330neo and A350 widebodies.

ADDIS ABABA, Jan. 12 (Xinhua) -- The Ethiopian Industrial Parks Development Corporation (IPDC) has signed a combined 100 million U.S. dollars investment agreements with local and foreign companies to invest across industrial parks in the country. Tadesse further underscored the Ethiopian government's efforts to increase the inflow of investment in industrial parks, with particular attention to increase the participation of local investors along with augmenting foreign direct investment in the country. "Industrial parks are key players in enhancing the national economy by creating jobs, increasing export trade and encouraging import substitution," ENA quoted Tadesse as saying. According to figures from the IPDC, more than 130 local and foreign investors are currently engaged in various sectors across 12 industrial parks and one free trade zone across the country. It said the industrial parks have created permanent and temporary employment opportunities for more than 100,000 Ethiopians, mainly the country's burgeoning youth population.

Intelbrief / IntelBrief: Tensions Growing Between Ethiopia and Somalia Over Somaliland Port DealSHARE |IntelBrief: Tensions Growing Between Ethiopia and Somalia Over Somaliland Port DealBottom Line Up Front Tensions are mounting in the Horn of Africa as Ethiopia looks to secure a deal that would grant Addis Ababa twelve miles of sea access along the Somaliland coast for the next five decades, where it plans to construct a naval base. Somalia has called the growing ties and military cooperation between Ethiopia and Somaliland “an act of aggression” and an assault on its territorial integrity. Somalia has called the growing ties and military cooperation between Ethiopia and Somaliland “an act of aggression” and an assault on its territorial integrity. While the UAE is backing Somaliland, Egypt and Türkiye are supporting Somalia, with Ankara calling for direct negotiations between Somalia and Somaliland. Ethiopia lost sea access in 1991 after the littoral Eritrea declared independence and seceded following three decades of fighting.

President Museveni has agreed to host a meeting to resolve the conflict between Ethiopia and Somalia over access to the Red Sea and the destructive civil war in Sudan. ChimpReports now understands that the Intergovernmental Authority on Development (IGAD), a regional body comprising 8 member states, will hold a mediation meeting in Kampala on January 18, 2024. Sudan crisisIn Sudan, the war is raging between Rapid Support Forces led by warlord, General Mohamed Hamdan Dagalo, better known as Hemedti and government forces. Dagalo has not explained why he chose to avoid the meeting which the regional and international community have been rooting for as the first step to ending the civil war in Sudan. Dagalo has since met other African leaders including Uganda’s Yoweri Museveni, Kenya’s William Ruto, Paul Kagame of Rwanda, South Africa’s Cyril Ramaphosa and Djibouti’s Ismaïl Omar Guelleh.

But as the number of Ethiopian Jews in Israel grew in the following decades, however, so too did Israel’s concerns. For years, Ethiopian Jews have been blocked from joining their relatives living in Israel, while other white Jewish migrants and refugees from Ukraine have been welcomed in their thousands. Put simply, Ethiopian Jews have the wrong skin colour for Israel’s ethno-religious demographic project to be considered fully Jewish. Ethiopian Jews in Israel have consistently experienced lower wages in the job market and much higher levels of unemployment generally. The disparities reflecting the inferior treatment of black Ethiopian Jews continue in virtually every other area of life, including housing, educational attainment, and more.

ADDIS ABABA, Jan. 12, (Xinhua/GNA) – The United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA), has warned against an impending humanitarian crisis in Ethiopia, fueled by a combination of climatic shocks, conflict and economic shocks. Ethiopia is once again on the verge of a major humanitarian situation, due to cycles of multiple, often overlapping crises, which severely weakens communities’ ability to cope,” the agency said in its latest Ethiopia humanitarian situation report, issued Wednesday. The humanitarian crises in Ethiopia, it said, is primarily driven by the convergence of four major factors, that are climate crises, mainly manifested through floods and drought, armed conflicts, disease outbreaks, as well as economic shocks. It noted that Ethiopia is among countries, most susceptible to climatic shocks, not least drought and flooding, caused by erratic rainfall patterns. Scaled-up humanitarian response and resilience building are urgently required for the internally displaced persons, vulnerable host communities and the returning IDPs,” it said.

borkenaThe Ethiopian Political Parties Joint Council released a statement on Thursday through its social media page expressing support for the Memorandum of Understanding signed between Ethiopia and Somaliland on January 1, 2024, in the Ethiopian capital, Addis Ababa. The council stated that it conducted a general meeting on January 9, 2024, during which the participating parties ‘unanimously’ endorsed the MoU between Ethiopia and Somaliland. The council also urged political parties and the public to play a positive role in their respective capacities. Established by 119 political parties that signed a covenant on Joint Procedural Rules, the Council, according to information from Ethiopia’s Electoral Board, aims to assist political parties in enforcing the Proclamation and addressing common agenda issues. __Join our Telegram Channel : t.me/borkenaLike borkena on FacebookAdd your business to Ethiopian Business Listing / Ethiopian Business DirectoryJoin the conversation.

With the intention of upgrading the existing Boeing 737 Next Generation (NG) aircraft and competing with rival manufacturer Airbus with its A320 New engine option (A320neo) planes, Boeing introduced the 737 MAX series in May 2017. The timelineOn October 29, 2018, a Boeing 737 MAX operated by Lion Air crashed off the coast of Indonesia, into the Java Sea – killing all 189 passengers on board. 737 MAX planes were then grounded by aviation regulators across the globe. It was only in November 2020 that the Federal Aviation Administration (FAA) gave Boeing the green signal to have its 737 MAX planes return to service. Following this, Alaska and United Airlines reported loose parts in their Boeing 7373 MAX planes’ door panels, ultimately leading to the grounding of the 737 MAX 9 planes.

“People who do not reconcile with their history can not go far…” Ethiopian President President Sahle-Work ZewdePresident Sahle-Work Zewde making a speech during the opening ceremony of a week long exhibition of Ethiopian Diplomacy (Photo : MFAE)borkenaEthiopia is commemorating Diplomacy Week. During the week-long exhibition, Ethiopian President Sahle-Work Zewde, a seasoned diplomat with several decades of experience, delivered an opening speechHighlighting Ethiopia’s 116 years of diplomatic history, she commended the Ministry’s contributions to Ethiopia’s diplomacy. Addressing the close link between foreign policy and a country’s internal situation, President Zewde mentioned the challenging years in Ethiopian diplomacy, particularly the unprecedented last three years. President Zewde also emphasized the importance of reconciling with one’s own history in her keynote speech. In connection with the exhibition, the president expressed her hope that it would inspire the younger generation to contribute to the field of diplomacy.

Weldu Aregawi, an ambulance driver employed by the Ethiopian Red Cross Society, was killed while on duty in the Central Zone of the Tigray region (Photo: ERCS)Addis Abeba – The Ethiopian Red Cross Society (ERCS) has strongly condemned the tragic killing of Weldu Aregawi, an ambulance driver stationed in the Central Zone of the Tigray region. Weldu lost his life in the line of duty on Wednesday night when he was shot by unknown assailants. Weldu had served as an ambulance driver in Ikemema since 2016 as part of the ERCS Ambasneiti district’s Central Zone branch. “Such unlawful actions violate acceptable norms and the Geneva Convention protections undertaken by the Ethiopian government,” reads the statement put forward by the organization. Armed militants shot Red Cross driver Mengist Minyil while he was transporting injured Tigray civilians.

Journalists at CNN have slammed Israel in social media posts, with one calling out the "Zionist entity" online, according to a report from a media watchdog. "Your precious 'Israel' ... was injecting women of Ethiopian origin with the long-acting contraceptive (sterilizing them)," CNN producer Mohammed Abdelbary said in 2021 in a now-deleted X post. Abdelbary has made anti-Israel posts on social media as far back as 2014, when he said "fuck Israel" and that he hopes the country gets "crushed by the Palestinians." Another journalist named by HonestReporting is British cameraman Richard Harlow, who has claimed on social media that Israel is committing war crimes, including harvesting the organs of dead Palestinians. Harlow said on social media recently that he has been tasked with editing footage from a local Gazan correspondent for CNN, the watchdog said.