New NBE directive bans using Diaspora account to import items not under priority list
A new directive by the National Bank of Ethiopia (NBE) prohibits account holders from making payment in foreign currency for import items other than those identified as a priority by the Bank last year.
Global Alliance partners World Vision
Global Alliance for the Rights of Ethiopians (GARE), a charity founded by Ethiopian American activist Tamagne Beyene is teaming up with World Vision to financially support more than 2000 people in the Lideta and Addis Ketema sub-cities worth USD 250,000 as part of the COVID-19 response.
Diaspora Trust Fund releases initial grants
The Ethiopian Diaspora Trust Fund (EDTF) has announced the release of funds collected from voluntary contributions of Ethiopians living abroad, and started to be deposited to beneficiary local NGO accounts, starting this week.
Ethio-American receives presidential honor
Mulatu Lemma (PhD), an Ethiopian American has been awarded the Presidential Award of Excellence by President Donald J. Trump. The mathematics professor of Savannah State University, from the historical black college in Georgia was noted among 12 recipients across the nation.
Trust Fund grapples with fractured leadership
In his early days after assuming power two years ago, Prime Minister Abiy Ahmed (PhD), on his tour around North America and Europe, urged the diaspora community to contribute “a dollar a day” in support of alleviating Ethiopia’s socio-economic quagmires.
Coffee exporters, suppliers vexed over mysterious robbery
Leaves exporters, suppliers perturbed Exporters and suppliers in the coffee...
Conflict in Oromia impedes national dialogue preparations
Over 10 political parties yet to be on-boarded to...
Teff prices skyrocket, farmers blame authorities, hoarding intensifies
Residents of Addis Ababa and other major Ethiopian cities...