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 be have been 2-3 years old. They stood out, not because the parents were Caucasian, but because the young toddler cried throughout the entire 8 hour trip. If she fell asleep, we could still hear her sleepy weeps. Why was she crying so uncontrollably? Was she in pain, was she sick? Was it her ears adjusting to the air pressure… what was wrong? And then it came, she screamed, emaye…emaye … emaye, she was crying for her mother. Continue reading Selling Children: Ethiopian Regime’s Lucrative Industry
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.
Of the 5.6 Billion USD borrowed by public enterprises, 2.6 Billion USD is guaranteed by the government (via the Ministry of Finance and/or the state owned bank Commercial Bank of Ethiopia). Continue reading Ethiopia’s External Debt Surged to USD 14 Billion
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 in Washington DC was responsible for Canada with a consulate in Toronto. Continue reading Canada Appoints Non-Resident Ambassador to Eritrea
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 market, one of the busiest centres of international trade for the leaves.
Khat, a multi-million dollar business for countries across the Horn of Africa and in Yemen, consists of the succulent purple-stemmed leaves and shoots of a bush whose scientific name is Catha edulis. Continue reading Ethiopia’s 4th Largest Export, Khat, Suffers after European Ban
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 as it is the vessel’s closest port of call to Eritrea. Continue reading China Imports $20 million Worth of Copper from Eritrea