Eritrea Urges Respect of AU Rules and Procedures, Again

By abusing its privilege of Chairing IGAD and its host country status, Ethiopia continues its violation of AU’s rules and procedures unabated

By TesfaNews,

The Eritrean Foreign Minister, in his recent letter addressed to the Chairperson of the African Union, strongly urged for the respect of the rules and procedures that govern the continental body.

This follows after Ethiopia’s scripted drama of violating  Paragraphs 9 and 10 (a and  b) of Article 8 of the AU’s Peace and Security Council (PSC) protocols to enable it stage another political and diplomatic advantage against Eritrea, by lending a hand this time from Djibouti.  Continue reading

BHP Bowed to South Boulder of Eritrea to Abandon Ethiopia Potash Project

South Boulder’s Colluli Deposit in Eritrea will be the biggest and closest Potash supplier to immerging markets like India, China and the rest of Asia Markets

By TesfaNews,

Anglo-Australian mining giant BHP Billiton has decided to exit from a potash development in Ethiopia region of Dankil depression in the next few months citing unsuccessful exploration programs unlike similar projects undertaken in neigbohring Eritrea by Australian South Boulder Mines at the Colluli Potash project.

On an internal note it released on June 13, the company was saying it would exit its early stage Dallol based potash project in September of this year.  Continue reading

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

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

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