American Express has recently announced that they will be commencing their entry into the Chinese market, which has been predicted as being the biggest card payments market by late next year. This move was made as a joint venture with LianLian Group and is the first venture to not process payments through the state-controlled UnionPay […]
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More than 40 former officials of the Metals and Engineering Corporation (MetEC) and members of intelligence have been detained, The Reporter has learnt. According to sources, MetEC management and members of the security intelligence were detained yesterday, November 9, 2018. Sources also added that they were put under custody at a meeting they were attending […]
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Over 160 generals fired from Ethiopian army. Sources close to the Prime Minister disclosed that over 160 army generals have been let go in a major reform by Abiy Ahmed’s government in the upper echelons of the army that was overwhelmingly dominated by ethnic Tigrayans and members of the Tigray People’s Liberation Front (TPLF). In […]
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ADDIS ABABA, Ethiopia (AP) — Fifteen people have been killed in a landslide at a massive garbage dump on the outskirts of Ethiopia’s capital and several dozen people are missing, officials and residents said Sunday. Addis Ababa Mayor Diriba Kuma said 15 bodies had been recovered since the landslide Saturday night at the Koshe Garbage […]
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You talk about your merhant princes in this country, your coal barons and all the rest of them,” said the man who had just returned from big-game shooting In Africa, “but if you want to find a real, genuine merchant prince you must go to Abyssinia and in- troduce yourself to Menelik.” Menelik is the […]
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“We will also declare our independence if the Tigray region took the first step,” said Abdi Mahamoud Omar, President of the Region Somalia to Ethiopia, during a conciliation meeting between officers of the national army Ethiopian and Somali clans of Ethiopia held in Jigjiga the last week of January 2017.” The president of the Somali […]
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Africa remains a key territory on the global map. Rich in oil and natural resources, the continent holds a strategic position. It is the world’s fastest-growing region for foreign direct investment, and it has approximately 30 percent of the earth’s remaining mineral resources. It’s home to more than 40 different nations, and around 2,000 languages. […]
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Washington (AFP) – The United States warned its African ally Ethiopia on Tuesday not to abuse the state of emergency it declared this week to suppress dissent and welcomed talk of political reform. Ethiopia declared an emergency on Sunday after six months of anti-government protests, but on Tuesday Prime Minister Hailemariam Desalegn promised that opposition […]
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Ethiopian troops fighting militant Islamist group al-Shabab have withdrawn from a key military base in central Somalia’s Hiran region, residents say. Al-Shabab fighters have taken control of el-Ali village following the withdrawal, the residents added. Ethiopian forces had destroyed the base before abandoning the area, a radio station run by al-Shabab said. The troops withdrew […]
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Samsung has urged all owners of its Galaxy Note7 smartphones to power them down and stop using them. The electronics company has also stopped production of the device, following reports of replacement devices catching fire. Samsung said it had asked its global partners “to stop sales and exchanges of Galaxy Note7” while further investigations took […]
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