The demonetization announcement came out of the dark and impenetrable night and fell on the money changers, hoarders, thieves, and crooks like a thunderbolt! (Photo: @combankethiopia) BY PROF. AL MARIAM On September 13, 2020, two days into the Ethiopian New Year, H.E. Prime Minister Dr. Abiy Ahmed dropped a thunderbolt on Ethiopia! He announced in […]

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The construction of the 38 million cubic meter Misilam Dam was completed in 2014 and the dam now serves as a big source of clean water to the inhabitants of forty five villages and three cities in the Southern region. BY BILLION TEMESGHEN | SHABAIT Misilam, a Tigrigna word for coronation, is the name of […]

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“Money outside the banking system has been rising, affecting the liquidity of commercial banks. This is in addition to its impact on bolstering illegal trade activities” – PM Abiy The Ethiopian government has unveiled a set of new bank notes as a part of its efforts to curb cash hoarding, illegal trade activities, and illicit […]

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An overview of Eritrea’s energy sector shows that many villages in the Central Highlands and Southern coastal regions are suitable for the installation of wind energy turbines. (Photo: A wind farm project in Assab). BY RUTH ABRAHAM | SHABAIT Since its independence, one of the major challenges Eritrea has been facing is the provision of […]

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What are the underlying issues and dynamics behind the ‘closure’ or ‘withdrawal’ of the Italian school’s license in Asmara? (Photo: Scuola Italiana di Asmara) BY ERITREAERITREA * Q : Senator in recent days a growing controversy has developed over the closure of the Italian Schools of Asmara characterized by unclear and sometimes contradictory positions. Can […]

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PM Abiy dismissed Tigray polls as a ‘shanty election’, federal officials said polls have ‘no legal basis’ They did it again. The TPLF once again won ALL (100%) the contested seats in Tigray regional election that the federal gov’t calls it illegal and unconstitutional. (Photo: Associated Press) BY AFP The ruling party in Ethiopia’s northern […]

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The Logo dam project in Adi Hallo is not just about a dam or conserving water. It was built to serve as a pilot project that functions as a center of a multifaceted development project by utilizing both land and water resources. BY BILLION TEMESGHEN | SHABAIT As global warming keeps threatening the inhabitants of […]

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Danakali has long seen Asia, particularly India, as a prime market. But its most recent presentation indicates that Africa is now also at the forefront of its business thoughts. BY ROBIN BROMBY | SMALL CAPS Emerging sulphate of potash (SOP) producer Danakali (ASX: DNK) has passed another key step in Eritrea and now heads for […]

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The fact that the youth literacy rate in Eritrea (92%) is considerably higher than that for adults (77%) provides strong evidence to suggest that the country’s efforts to strengthen the supply and quality of basic education programs have largely been successful. BY FIKREJESUS AMHAZION (Ph.D.) Yesterday, September 8th, International Literacy Day (ILD) was recognized and […]

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BY SHABAIT The President of Sudan’s Sovereign Council, Gen. Abdul Fattah al-Burhan, arrived in Asmara in mid-morning hours today for a one-day working visit. President al-Burhan and his delegation were accorded a warm welcome by President Isaias Afwerki on arrival at Asmara International Airport. The two leaders discussed the progress of bilateral ties which have […]

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