The newly appointed Ethiopian President, Taye Atske Selassie was sworn in on Monday during the joint session of the House of People’s Representatives and the House of Federation. In his speech before the two chambers, Selassie said that the Grand Ethiopian Renaissance Dam (GERD) is a huge project that represents Ethiopia’s outstanding achievement in its modern history. He explained that the dam is not only a vital source of electricity, but also meets the country’s long-awaited national aspirations. He said that the dam will benefit neighboring countries, enhance regional development and reduce risks associated with river basin management, stressing that this year represents a great victory for Ethiopia. A former ambassador to EgyptHe served as Ambassador Extraordinary and Plenipotentiary of Ethiopia to Egypt for a year and a half between 2017 and 2018.

By Dr. Suleiman WalhadEthiopia stepped into a destructive path in 2020 when it started a war with itself. There is also a likelihood that the Oromo may also turn against the Somalis on the East of the country soon. This is expected not to improve as the Amhara war is now in full display and would affect the economy as well. It became one of the defaulters in Africa in 2023 when it failed to make a US$ 33 million coupon payment on its Eurobond. Fitch rating agency downgraded Ethiopia’s credit rating to “C” and the Eurobond to “restricted default” in December 2023.

In late 2018, Ethiopian Airlines’ chief pilot sent an urgent message to Boeing, the manufacturer of the 737 Max airliner. Barely a month earlier, a 737 Max operated by Lion Air of Indonesia had plunged into the sea, killing everyone on board. At the time, Boeing was providing detailed briefings to pilots in the United States who were asking the same types of questions about how to respond. But Boeing chose not to answer the Ethiopian pilot’s questions beyond referring him to a public document it had already issued after the Lion Air crash. Boeing said in its response that it was prohibited from giving additional information because it was providing technical support to Indonesian authorities investigating that crash.

The fire tricks you into believing that the best way to see the person in front of you is from its perspective. A fire to keep some hood niggas who decided to go camping warm.”Since his first solo exhibition in 2020, David-Jeremiah has been a persistent phenom on the Texas art scene. Hood Niggas Camping was one of them. For David-Jeremiah, this description echoes the way the Black male body is often viewed as a site of masculinity, violence, and potential. “I created a bull’s version of the acronyms, which elevates the conversation.”David-Jeremiah has also worked in other forms.

Addis Abeba — In one of the most significant fuel price increases in recent years, the Ethiopian government has raised retail fuel prices by up to eight birr per liter overnight. Consumers have also expressed concern over the recent fuel price increase. Yohannes Daniel, a heavy cargo truck driver, expects transportation costs to rise following the recent fuel price adjustment. "Over the next three months alone, the government will incur an additional cost of approximately 33 billion birr to subsidize fuel prices," said Ahmed. According to the Ministry, the delay in adjusting retail fuel prices following foreign exchange management reforms has resulted in domestic fuel prices being half of those in neighboring countries.

Ethiopia is rapidly becoming a Bitcoin mining hub. Ethiopia is positioned to boost its mining capacity with many more megawatts of installed generation capacity, chiefly hydropower, and a couple hundred more megawatts to close the year. Ethiopia’s Bitcoin mining strategy supports data infrastructure developmentThat makes Ethiopia’s move into Bitcoin mining part of its overall strategy to develop the infrastructure for data mining and AI training. The specifics of the agreement are still somewhat obscure, but the Ethiopian government has consistently put Bitcoin mining within the framework of its high-performance computing strategy, which includes it. Heading into the future, the combination of cheap energy costs and government support is a promising recipe for the future of Bitcoin mining in East Africa.

Samson Arega has been appointed as group vice president of customer experience at Ethiopian Airlines. Arega’s previous roles at the airline include regional director for the Americas Manager, and country manager for Canada. “Samson Arega’s leadership demonstrates why Ethiopian Airlines is crucial to not only Canada-Africa trade and investment, but is emblematic of the incredible success and potential within the African continent,” said Garreth Bloor, president of The Canada-Africa Chamber of Business. He also holds a Credential of Readiness Diploma from Harvard Business School, in the areas of Business Analytics, Economics for Managers, and Financial Accounting. “This remains a vital reality, because Africa is the world’s future growth engine and Ethiopian Airlines is pleased to serve at the heart of this success story for not just Africa, but markets around the world.”

This move ensures that Save Foods' technologies will be accessible throughout the country, thus further supporting the transition to sustainable farming practices. Save Foods is dedicated to delivering integrated solutions for improved safety, freshness and quality, every step of the way from field to fork. For more information visit Save Foods’ website: SAVE FOODS – SAVE FOODSAbout N2OFF Inc.:N2OFF, Inc. (formerly known as Save Foods, Inc.) is a clean tech company engaged in sustainable solutions for energy and innovation in the agri- tech industry. Save Foods Ltd., N2OFF's majority-owned Israeli subsidiary, focuses on post-harvest treatments in fruit and vegetables to control and prevent pathogen contamination. For more information on Save Foods Ltd. and NTWO OFF Ltd., visit our website: www.n2off.com .

N2OFF announced that its subsidiary Save Foods has entered into a strategic non-binding letter of intent with GENSIS PM TDC the Ethiopian Federal Entity for Pollution Reduction and Telnet Development to utilize Save Foods’ innovative eco-friendly solutions across Ethiopia’s large-scale farming sector. If consummated into a binding definitive agreement, this relationship will mark a significant milestone for Save Foods as it supports Ethiopia’s efforts to advance sustainable agricultural practices, enhance crop yields, and ensure food safety. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news.

A 19th-century Maqdala shield pillaged in Ethiopia during the 1868 Battle of Maqdala will be repatriated in November, and displayed at the National Museum of Ethiopia in Addis Ababa, reports The Art Newspaper. The Ethiopian government identified the shield as a British army-looted treasure after seeing it come up in an auction, and requested it be restituted from the UK. After a short loan for an exhibit at Ohio’s Toledo Museum of Art ending this month, that is precisely what will happen. The shield “is a symbol of Ethiopia’s history and resilience,” said Ermias Sahle Selassi, grandson of Emperor Haile Selassie and founder of the Royal Ethiopian Trust that negotiated the restitution. [NPR]On Thursday, Marina Abramovic, 77, will open her first solo exhibition in China, and her largest to date, at Shanghai’s Modern Art Museum.

Khartoum: At least seven people were killed and 59 others wounded in an artillery strike by the paramilitary Rapid Support Forces (RSF) on a displaced persons camp in El Fasher, western Sudan’s North Darfur state, a local health official confirmed. Speaking to Xinhua news agency by phone, Khatir said 20 people were injured in Sunday’s bombardment, followed by 39 on Monday. The city, which hosts three camps for displaced persons, including Abu Shouk, is home to around 1.5 million people, with 800,000 internally displaced, according to UN figures. Sudan has been mired in conflict between the SAF and RSF since April 15, 2023. The ongoing violence has claimed an estimated 20,000 lives and displaced millions, according to the UN.

Tigray’s security forces issue stern warning against anarchy and security threatsThe Tigray People’s Liberation Front (TPLF), led by Debretsion Gebremichael, has announced the removal of Tigray’s regional interim president, Getachew Reda, along with four other members of the interim administration. In a statement issued on Monday, the TPLF noted that discussions are underway with the federal government regarding the selection of a new leader for the interim administration. The administration asserted that Debretsion’s faction’s announcement unequivocally revealed a coup and that the group had chosen an illegal path. Tigray’s security forces have issued a stern statement declaring that they will not tolerate anarchy or trouble. They highlighted that the ongoing controversy is causing significant alarm within the community, emphasizing their zero tolerance for disorder.

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Pupils at the Homosha school in Benishangul-Gumuz state now have their teaching piano after an arduous journey reminiscent of that of Yifrashewa’s own first instrument almost 30 years before. The piano finally reached the school after an 11-hour journey by van. The foundation’s head of education in Ethiopia, also a musician, contacted one of the few piano tuners in Ethiopia, who agreed to be flown in to restore the instrument’s sound after the journey. View image in fullscreen Homosha provides free education for girls in an area where fewer than half of girls attend secondary school. This piano had a less eventful journey, with Yifrashewa’s fame bringing many sponsors who helped deliver it.

Ethiopian Airlines Revises Addis Ababa-Hong Kong-Manila Service for Winter Travel, Reducing Flights to 4 Weekly in December and JanuaryEthiopian Airlines, Africa’s largest carrier and a member of the Star Alliance, has made notable adjustments to its Addis Ababa-Hong Kong-Manila service in its latest schedule update for the Northern winter 2024/25 season. Ethiopian Airlines operates this route using its flagship Boeing 787 Dreamliner, known for its fuel efficiency, long-range capability, and passenger comfort. Revised Winter 2024/25 Schedule for Addis Ababa-Hong Kong-Manila ServiceThe revised schedule for Ethiopian Airlines’ Addis Ababa-Hong Kong-Manila route during the winter 2024/25 season is as follows:ET644: Departs Addis Ababa (ADD) at 23:25, arrives in Hong Kong (HKG) at 14:25 the next day. Ethiopian Airlines’ Overall Service to Hong KongIn addition to its Manila-bound service, Ethiopian Airlines will continue to operate direct flights between Addis Ababa and Hong Kong during the winter period. For Ethiopian Airlines, Hong Kong remains a critical hub, connecting passengers from Africa to other parts of Asia and beyond.