Selling Children: Ethiopian Regime’s Lucrative Industry

By Sophia Tesfamariam, A few years ago, on a flight from Frankfurt, I sat on the same row with a family who captured everyone’s attention because of the children they were carrying and holding. There were three, the two older children looked like they could be 7-10 year olds, and the third was a toddler-may […]

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Ethiopia’s External Debt Surged to USD 14 Billion

By Horn Affairs, THE total outstanding external debt surged from 5.6 Billion USD in 2009/10 to 14 Billion USD in 2013/14, according to the data Horn Affairs obtained from the Ministry of Finance and Economic Development. More than half of the amount is directly owed by Ministry of Finance, while the rest belongs to public enterprises. […]

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Canada Appoints Non-Resident Ambassador to Eritrea

By TesfaNews, THE Canadian government this week appointed Mr. Dominique Rossetti, the Chargé d’affaires to Sudan, as its first non-resident ambassador to Eritrea. Ambassador Rossetti presented his letter of credence to President Isaias Afwerki on Thursday (09). Prior to Ambassador Dominique Rossetti’s appointment, Canada was represented by an Honorary Consul in Asmara. The Eritrean embassy […]

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Ethiopia’s 4th Largest Export, Khat, Suffers after European Ban

By AFP, FOR a town seen as a key trading centre for khat, a drug that is banned in many countries, Ethiopia’s Awaday can seem pretty drowsy and laid-back. As the sun sets on the small eastern town, farmers and brokers of the amphetamine shrub rouse from an afternoon slumber to cut deals in the bustling […]

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China Imports $20 million Worth of Copper from Eritrea

By CapitalEritrea PANAMA flagged cargo ship “Thor Glory” unloaded 11,450 tonnes of copper concentrate, valued at $ 20,437,700, at the Port of Nantong in the Jiangsu province of China. The press reports state that the copper was imported from Eritrea, but do not mention the exact port of origin. The cargo was probably shipped via Dubai […]

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