November 8 marks the 25th anniversary of the circulation of the first Eritrean national banknotes and coins – the Nakfa. BY GRACE SEYOUM | BLACK PAST Clarence Holbert is best known as the chief designer of Eritrea’s currency and the second African American engraver to work at the US Bureau of Engraving and Printing. Born […]
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BY GHIRMAI WOLDEGIORGIS * Entering from the southern part of Nakfa, four warplanes dived towards the north and started intensely bombing Tegadelties’ trenches. As the result, the vicinity was covered with dust and smolder. Passenger planes followed immediately dropping soldiers in parachutes in the flat area located in the eastern side of Nakfa.
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By Berhane Woldu, There are few ‘Eritreans’ who have betrayed their dedication and love of country for selfish interests. “Eritrean Quislings League” and “Defeatist” betraying their martyred brothers and sisters have become treacherous, faithless and disloyal. Defeatists have no moral value, no political agenda and no mission than to destabilize a nation of seven million […]
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ብ ዮናስ ኣብርሃም | ሓዳስ ኤርትራ ባንክ ኤርትራ ኣብ ዑደት ንዝርከብ ኣረጊት ወረቐታዊ ባጤራ ናቕፋ ብሓድሽ ወረቐታዊ ባጤራ ናቕፋ ንምቕያር ዘኽእል ሕጋዊ ምልክታ ቁ. 124/2015 ብረቡዕ 4 ሕዳር 2015 ምውጽኡ ይፍለጥ። ብዛዕባ’ዚ ዋና ኣመሓዳሪ ባንክ ኤርትራ ኣቶ ክብረኣብ ወልደማርያም ንማዕከናት ዜና ውሽጢ ሃገር ዝሃቦ መብርሂ እንሆ፦ ንዝጸንሐ ባጤራ ናቕፋ ብሓድሽ ንምትካእ ዝወጸ ሕጋዊ ምልክታ ኣሎ። […]
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By Shabait, The Bank of Eritrea has issued the timelines and other relevant information for the commencement and termination of redemption of the Nakfa currency notes in circulation in accordance with Article 3 (1) of Legal Notice no.124/2015. According to the Bank’s announcement, the redemption program will commence on 18 November and continue until December […]
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By Charles W. Corey, Designing Eritrea’s national currency — the Nakfa — was a “dream come true” for U.S. banknote designer Clarence Holbert because, in his words, it allowed him to become “part of another country’s history and culture.” In a February 10 interview with the Washington File, Holbert proudly took credit for designing the paper […]
Continue ReadingBy Nick Paul, THE Rand has had a lot of flack for its devaluation over the past couple of years. As I already wrote about a few countries with a weaker note and now let’s take a look at African countries who’s currencies are stronger than ours.
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By Buruno, ON AUGUST 1988, after a heroic and protracted defensive battles of wear and tear, between USSR lead army of Ethiopia against Eritrea, which was carried out continuously in the mountain ranges of Nakfa and its environs for almost a decade long, Eritrean Peoples Liberation Army (EPLA) made a decisive decision, to make a […]
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