News Ethiopia Somali: Ethiopia's Informal Currency Exchanges - Validate or Veto? [analysis]
The choices are stark, but the damaging impact must be mitigated to help improve foreign currency reserves.Ethiopia's foreign currency deficit has led to a thriving black market exchange, fuelling already-problematic illicit financial flows in the country. The black market limits the inflow and facilitates the outflow of legitimate foreign currency.Ethiopia has many unregulated foreign currency exchange bureaus. Profiteers use small shops,...
News Ethiopia Somali: Kenya, Somalia, Ethiopia Launch Project to Reopen Borders
A new project aims to reopen the official border crossings between Kenya, Somalia and Ethiopia, which have been partially or fully closed in recent years due to security issues. Speaking Thursday ...
News Ethiopia Somali: Ethiopia trains Somali soldiers
ADDIS ABABA - Ethiopia has trained the first batch of Somalia soldiers, just a month after Addis Ababa dispatched several soldiers who are not attached to the African Union Transition Mission in ...
News Ethiopia Somali: Somaliland’s oil find could reset the regional balance: here’s how
The presence of oil in Somaliland has been confirmed by a recent exploration. The discovery has raised the stakes in Somaliland’s claim for independence from Somalia as it holds the potential for a ...
News Ethiopia Somali: Somalia - Significance of the New Berbera Port to Global Britain
For centuries, Berbera has been a vital seaport for traders traveling through the Gulf of Aden, which in the Middle Ages was known as the Gulf of ...
News Ethiopia Somali: Somalia: Another Round Of Redemption And Extension
Now Somalia has another extension for the peacekeepers, which has not yet been voted on by UN members.