Tag Archives: Ethiopia

President William Ruto has called for the creation of an African Credit Rating Agency, criticizing international credit rating agencies for their flawed evaluations and unfair portrayal of African economies. Speaking at the 38th ordinary session of the African Union in Addis Ababa, Ethiopia, Ruto highlighted how distorted assessments based on …

President William Ruto is currently in Addis Ababa, Ethiopia, for the 38th Ordinary Session of the African Union Assembly for Heads of State and Government. Click here to join our WhatsApp Channel Accompanied by First Lady Racheal Ruto, he is part of the summit’s attendees. The theme of the summit, …

Prime Cabinet Secretary Musalia Mudavadi has clarified that the Kenyan delegation in Ethiopia for the African Union Commission (AUC) elections is self-funded. Speaking to the media in Addis Ababa, Mudavadi dismissed claims that the large delegation, present to support Raila Odinga’s candidacy for the AUC chair, is being funded by …

An earthquake with a magnitude of 5.1 jolted Ethiopia at 2358 GMT on Friday, the GFZ German Research Centre for Geosciences said. The epicenter, with a depth of 41.0 km, was initially determined to be at 9.28 degrees north latitude and 39.89 degrees east longitude.

Raila Odinga, Kenya’s candidate for the African Union Commission Chairperson, has vowed to lead efforts to secure two permanent seats for Africa at the United Nations Security Council (UNSC). Speaking at the Mjadala Afrika Leadership Debate in Addis Ababa, Ethiopia, on Friday, Odinga stressed the urgent need to address Africa’s …

The African Union has announced a televised debate for candidates running for the position of Chairperson of the African Union Commission (AUC), set to take place this Friday at the AU headquarters in Addis Ababa, Ethiopia. Kenya’s candidate for the AUC Chairperson position, Raila Odinga, will face two challengers — …

On Tuesday, Ethiopia officially became the third African nation to default in the past three years, as it failed to fulfill a $33 million “coupon” payment on its sole international government bond. The country, which is the second most populous in Africa, had previously announced its intention to declare formal …