Archive for June, 2010

Ethiopia food aid at commodity exchange

Friday, June 18th, 2010

afrol News, 17 June - The Ethiopia Commodity Exchange has signed an agreement with food aid donors that will make and increasing part of food aid by purchased through the commercial market point.

Ethiopia supreme court rejects election appeal

Friday, June 18th, 2010

ADDIS ABABA — Ethiopia's supreme court on Friday rejected an appeal by the country's main opposition coalition over alleged fraud in the May 23 polls that saw the ruling regime coast to re-election.

Ethiopian Opposition Parties to Forge a Front

Friday, June 18th, 2010

One of the Achilles heels of the opposition parties that took part in the fourth Ethiopian National Elections was said to be the fact that they joined the political platform much more scattered than ever. It created a conducive environment for the victory of the ruling party. Unofficial sources said ...

Africa Oil Signs Agreement to Acquire South Omo Block in Ethiopia

Friday, June 18th, 2010

VANCOUVER, BRITISH COLUMBIA, Jun 17, 2010 (MARKETWIRE via COMTEX) -- Africa Oil Corp. ("Africa Oil" or "the Company") /quotes/comstock/11v!aoi (CA:AOI 1.28, 0.00, 0.00%) is pleased to announce that it has signed a Farmout Agreement and Joint Venture Agreement with Agriterra Ltd. (formerly White Nile Ltd.) to acquire an 80% participating ...

Medrek Considering Public Demonstration

Friday, June 18th, 2010

June 17, 2010 -- Opposition group Medrek is contemplating public demonstration to protest last month’s election it said was rigged by the Ethiopian Peoples’ Revolutionary Democratic Front (EPRDF), Capital reports.

Ethiopian Government and the ONLF in Peace Talks

Friday, June 18th, 2010

The Ethiopian government and the Ogaden National Liberation Front [ONLF] have had their first direct meeting. For quite some time now, there have been indirect diplomatic talks between the ONLF and the Ethiopian government which have been mediated by international bodies.

Ethiopian children seek global commitment to prevent child mortality

Friday, June 18th, 2010

June 17, 2010 (ADIS ABABA) - Ethiopian children called on global leaders to Step up their Action in support to African countries to prevent unnecessary child deaths, Save the Children said.

Ethiopian birr losses momentum against US dollar

Friday, June 18th, 2010

Addis Ababa, Ethiopia - The Ethiopian currency, birr, weakened slightly Thursday after rising strongly against the US dollar and other major currencies on growing coffee export earnings, partly buoyed by additional funds from the International Monetary Fund (IMF).

Ethiopia’s Inflation Rate Increases to 7.4% in May

Friday, June 18th, 2010

By Ainhoa Goyeneche and Jason McLure June 17 (Bloomberg) -- Ethiopia’s annual inflation rate increased to 7.4 percent in May, led by non-food costs, the Central Statistical Agency said. Annual inflation accelerated from 6.8 percent in April, the Addis Ababa-based agency said today on its website. Non-food prices increased 19.8 percent from a ...

Ethiopia seeks Indian help in agriculture, health

Thursday, June 17th, 2010

A group of Ethiopian ministers and officials are in India to study the Indian experience in healthcare, agriculture, and small and medium enterprises.