Ethiopia has backtracked from its improvement last year to drop three places and rank 17, in the latest Failed States Index released by Foreign Policy Magazine and The Fund for Peace. Somalia tops the list with 114.9 points, followed by Congo (111.2), Sudan (109.4), Chad (107.6) and Zimbabwe (106.3).
Ethiopia scored the worst in its ability to meet the challenges of Mounting Demographic Pressures that the country faces. Ethiopia is the second most populous nation in Africa and has one of the highest birth rates in the world, it constantly struggles to feed itself. Continue reading →
Lofty Sovereign Dignity – Fruit of Supreme Martyrdom
By Dawit Ghebremedhin,
Our calendar holds 12 Months that hold great memories that change us in multiple ways. Each month has a special meaning towards everybody and shares a value that we have encountered. These months share essences that have a potent power towards human beings. Each one represents something special that is mystical and beyond what we see in the surface. Continue reading →
Nevsun Resources Ltd. is pleased to advise that the Bisha Mine copper expansion project (“project”) is proceeding well against schedule and budget.
The Bisha copper expansion project will expand ore processing capacity from 2.0 to 2.4 million tonnes per year and convert from gold/silver doré to copper concentrate production. Annual run-rate copper production is expected to be 180 million pounds of payable metal per year, in concentrate with significant gold and silver by-product credits. Continue reading →
Abu Dhabi Fundfor Development concluded a loan agreement worth AED 183.6 million (USD 50 million) with the Government of the State of Eritrea to help fund development projects and energies the economy.
The agreement was signed on June 6 at the fund’s headquarters between Mohammed Saif Al Suwaidi, Director-General on behalf of the fund and HE Secretary Yousef from the Eritrean Embassy in Abu Dhabi on behalf of the Eritrean government. Continue reading →
A political advisor to Eritrea President Isaias Afewerki says the country has reactivated its membership in the Intergovernmental Authority on Development (IGAD), an East African sub-regional bloc.
Yemane Gebreab, who is also head of political affairs at the People’s Front for Democracy and Justice (PFDJ), said Eritrea suspended its membership from the group in protest after the sovereignty of a member state of was “violated.” Continue reading →
A political advisor to Eritrea’s President Isaias Afwerki says the Horn of Africa country rejects any forms of international aid, and only seeks strategic investment partnerships.
Yemane Gebreab, who is also head of political affairs at the People’s Front for Democracy and Justice (PFDJ), said Eritrea has a policy of self-reliance that sharply opposes international food or financial assistance. Continue reading →