Ethiopia Ranks 17 in Failed States Index

Eritrea still Fares much better than the Woyane ruled Ethiopia in the world FSI Rank

The FSI is an indicator of risk - Ethiopia is at Risk!

By Nazret.com,

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

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June 20: Remembering Eritrea’s Courageous Heroes

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

Sixty Percent of the $100m Worth Copper Plant in Eritrea Committed

The Bisha Mine in Eritrea, with 12+ years of current reserves, ranks as one of the highest grade open pit mines in the world.

Copper Concentrate is blended and trucked 340 km to the Port of Massawa on the Red Sea for bulk export to copper smelters worldwide

By Nevsun,

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 Approves $50m Loan to Promote Development in Eritrea

Eritrea's Economy get a boost from Emirates Loan

By TesfaNews,

Abu Dhabi Fund for 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

Eritrea Tells Why it Left – and Rejoined – IGAD

Eritrea was and still is the main proponent of reform with in IGAD

By Peter Clottey (VOA),

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

Eritrea Favors Investment Based on Partnerships than Aid (AUDIO)

Eritrea's Self-Reliance program might be taken as one of the most ambitious social and economic experiments underway in Africa

By Peter Clottey (VOA),

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 assistanceContinue reading

Official: Eritrea Invest 45% of its National Budget on Education (AUDIO)

Investment on Education Key To Eritrea Development

By Peter Clottey (VOA),

Eritrea’s education minister, Semere Russom, says the country invests 45 % of its annual budget on schooling as one of the main tools for human resource development.

Semere Russom said Eritrea places emphasis on technical education as a means of producing the necessary manpower for the country’s development.  Continue reading