U.S. Attorney Damian Williams said: “As alleged, Mohamed Bahi obstructed a federal criminal investigation by instructing witnesses to lie and then destroying evidence. The charges unsealed today should leave no doubt about the seriousness of any effort to interfere with a federal investigation, particularly when undertaken by a government employee. In or about 2024, BAHI took steps to obstruct the Federal Investigation by tampering with multiple witnesses and destroying evidence. On or about June 14, 2024, after having met with Official-1, BAHI told the Businessman that Official-1 believed that the Businessman would not cooperate with law enforcement. On or about July 24, 2024, in connection with the Federal Investigation, FBI agents executed a court-authorized search warrant at BAHI’s home and seized BAHI’s cellphone.

October 09, 2024 16:33 UTC

A severe drought, worsened by climate change, is driving pastoralists in Ethiopia’s Somali region to abandon traditional herding lifestyles in favor of urban labor, leading to significant shifts in their livelihoods. Former pastoralists express emotional ties to their traditional way of life and struggle with the demands of new jobs, reflecting the broader impacts of climate change on their identities and futures. Drought and climate change across Somali region’s drylands is forcing many, like Ahmed, to seek alternative livelihoods in farming, petty trade (selling milk, clothing, shoes, etc.) In the Somali region, approximately 3.5 million pastoralists — 55% of the population — have seen their livelihoods severely threatened. Before the drought, Ahmed relied entirely on his herd of cows, goats and camels for his family’s livelihood.

October 09, 2024 16:16 UTC

Addis Ababa, Ethiopia – Ethiopian Airlines Group (EAG) has announced a competitive bidding process for leasing spaces at Addis Ababa Bole International Airport, Terminal 2. The bid, designated for competent service providers, aims to secure businesses offering foreign exchange services across seven available spaces in the airport’s bustling terminal. In the official bid announcement, EAG invites legally established bidders with valid commercial banking services licenses or independent foreign exchange operator permits issued by the National Bank of Ethiopia. Key conditions of participation include restrictions on existing foreign exchange operators at the terminal, who will not be eligible to apply for the designated spaces. The final bid submission deadline is November 8, 2024, at 3:00 PM, with bids being opened at 3:30 PM at the Ethiopian Airlines Group headquarters.

October 09, 2024 16:13 UTC

EDNF Chief: Somalia is incapable of confronting EthiopiaADDIS ABABA - The Ethiopian National Defense Forces (ENDF) chief Field Marshal General Birhanu Jula has dismissed the capacity of Somalia to handle Ethiopia, arguing that the country does not have such an ability and capacity to do so. According to him, Somalia should first defend the sea before confronting Ethiopia. The military chief said Hassan Sheikh is "incapable" of "confronting us" and "securing the capital Mogadishu". General Jula has traditionally issued alarming statements that could trigger disintegration in the Horn of Africa region. "He should protect his seat before confronting Ethiopia with weapons supplied by Egypt," he said in a blistering verbal attack on Somalia's embattled leader during a recent interview.

October 09, 2024 15:56 UTC

The newly appointed Ethiopian President, Taye Atske Selassie was sworn in on Monday during the joint session of the House of People’s Representatives and the House of Federation. In his speech before the two chambers, Selassie said that the Grand Ethiopian Renaissance Dam (GERD) is a huge project that represents Ethiopia’s outstanding achievement in its modern history. He explained that the dam is not only a vital source of electricity, but also meets the country’s long-awaited national aspirations. He said that the dam will benefit neighboring countries, enhance regional development and reduce risks associated with river basin management, stressing that this year represents a great victory for Ethiopia. A former ambassador to EgyptHe served as Ambassador Extraordinary and Plenipotentiary of Ethiopia to Egypt for a year and a half between 2017 and 2018.

October 09, 2024 15:50 UTC





By Dr. Suleiman WalhadEthiopia stepped into a destructive path in 2020 when it started a war with itself. There is also a likelihood that the Oromo may also turn against the Somalis on the East of the country soon. This is expected not to improve as the Amhara war is now in full display and would affect the economy as well. It became one of the defaulters in Africa in 2023 when it failed to make a US$ 33 million coupon payment on its Eurobond. Fitch rating agency downgraded Ethiopia’s credit rating to “C” and the Eurobond to “restricted default” in December 2023.

October 09, 2024 13:08 UTC

In late 2018, Ethiopian Airlines’ chief pilot sent an urgent message to Boeing, the manufacturer of the 737 Max airliner. Barely a month earlier, a 737 Max operated by Lion Air of Indonesia had plunged into the sea, killing everyone on board. At the time, Boeing was providing detailed briefings to pilots in the United States who were asking the same types of questions about how to respond. But Boeing chose not to answer the Ethiopian pilot’s questions beyond referring him to a public document it had already issued after the Lion Air crash. Boeing said in its response that it was prohibited from giving additional information because it was providing technical support to Indonesian authorities investigating that crash.

October 09, 2024 13:05 UTC

The fire tricks you into believing that the best way to see the person in front of you is from its perspective. A fire to keep some hood niggas who decided to go camping warm.”Since his first solo exhibition in 2020, David-Jeremiah has been a persistent phenom on the Texas art scene. Hood Niggas Camping was one of them. For David-Jeremiah, this description echoes the way the Black male body is often viewed as a site of masculinity, violence, and potential. “I created a bull’s version of the acronyms, which elevates the conversation.”David-Jeremiah has also worked in other forms.

October 09, 2024 12:43 UTC

Addis Abeba — In one of the most significant fuel price increases in recent years, the Ethiopian government has raised retail fuel prices by up to eight birr per liter overnight. Consumers have also expressed concern over the recent fuel price increase. Yohannes Daniel, a heavy cargo truck driver, expects transportation costs to rise following the recent fuel price adjustment. "Over the next three months alone, the government will incur an additional cost of approximately 33 billion birr to subsidize fuel prices," said Ahmed. According to the Ministry, the delay in adjusting retail fuel prices following foreign exchange management reforms has resulted in domestic fuel prices being half of those in neighboring countries.

October 09, 2024 12:29 UTC

Ethiopia is rapidly becoming a Bitcoin mining hub. Ethiopia is positioned to boost its mining capacity with many more megawatts of installed generation capacity, chiefly hydropower, and a couple hundred more megawatts to close the year. Ethiopia’s Bitcoin mining strategy supports data infrastructure developmentThat makes Ethiopia’s move into Bitcoin mining part of its overall strategy to develop the infrastructure for data mining and AI training. The specifics of the agreement are still somewhat obscure, but the Ethiopian government has consistently put Bitcoin mining within the framework of its high-performance computing strategy, which includes it. Heading into the future, the combination of cheap energy costs and government support is a promising recipe for the future of Bitcoin mining in East Africa.

October 09, 2024 12:23 UTC

Samson Arega has been appointed as group vice president of customer experience at Ethiopian Airlines. Arega’s previous roles at the airline include regional director for the Americas Manager, and country manager for Canada. “Samson Arega’s leadership demonstrates why Ethiopian Airlines is crucial to not only Canada-Africa trade and investment, but is emblematic of the incredible success and potential within the African continent,” said Garreth Bloor, president of The Canada-Africa Chamber of Business. He also holds a Credential of Readiness Diploma from Harvard Business School, in the areas of Business Analytics, Economics for Managers, and Financial Accounting. “This remains a vital reality, because Africa is the world’s future growth engine and Ethiopian Airlines is pleased to serve at the heart of this success story for not just Africa, but markets around the world.”

October 08, 2024 14:33 UTC

This move ensures that Save Foods' technologies will be accessible throughout the country, thus further supporting the transition to sustainable farming practices. Save Foods is dedicated to delivering integrated solutions for improved safety, freshness and quality, every step of the way from field to fork. For more information visit Save Foods’ website: SAVE FOODS – SAVE FOODSAbout N2OFF Inc.:N2OFF, Inc. (formerly known as Save Foods, Inc.) is a clean tech company engaged in sustainable solutions for energy and innovation in the agri- tech industry. Save Foods Ltd., N2OFF's majority-owned Israeli subsidiary, focuses on post-harvest treatments in fruit and vegetables to control and prevent pathogen contamination. For more information on Save Foods Ltd. and NTWO OFF Ltd., visit our website: www.n2off.com .

October 08, 2024 14:19 UTC

N2OFF announced that its subsidiary Save Foods has entered into a strategic non-binding letter of intent with GENSIS PM TDC the Ethiopian Federal Entity for Pollution Reduction and Telnet Development to utilize Save Foods’ innovative eco-friendly solutions across Ethiopia’s large-scale farming sector. If consummated into a binding definitive agreement, this relationship will mark a significant milestone for Save Foods as it supports Ethiopia’s efforts to advance sustainable agricultural practices, enhance crop yields, and ensure food safety. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news.

October 08, 2024 13:53 UTC

A 19th-century Maqdala shield pillaged in Ethiopia during the 1868 Battle of Maqdala will be repatriated in November, and displayed at the National Museum of Ethiopia in Addis Ababa, reports The Art Newspaper. The Ethiopian government identified the shield as a British army-looted treasure after seeing it come up in an auction, and requested it be restituted from the UK. After a short loan for an exhibit at Ohio’s Toledo Museum of Art ending this month, that is precisely what will happen. The shield “is a symbol of Ethiopia’s history and resilience,” said Ermias Sahle Selassi, grandson of Emperor Haile Selassie and founder of the Royal Ethiopian Trust that negotiated the restitution. [NPR]On Thursday, Marina Abramovic, 77, will open her first solo exhibition in China, and her largest to date, at Shanghai’s Modern Art Museum.

October 08, 2024 13:34 UTC

Khartoum: At least seven people were killed and 59 others wounded in an artillery strike by the paramilitary Rapid Support Forces (RSF) on a displaced persons camp in El Fasher, western Sudan’s North Darfur state, a local health official confirmed. Speaking to Xinhua news agency by phone, Khatir said 20 people were injured in Sunday’s bombardment, followed by 39 on Monday. The city, which hosts three camps for displaced persons, including Abu Shouk, is home to around 1.5 million people, with 800,000 internally displaced, according to UN figures. Sudan has been mired in conflict between the SAF and RSF since April 15, 2023. The ongoing violence has claimed an estimated 20,000 lives and displaced millions, according to the UN.

October 08, 2024 11:27 UTC