An Ethiopian national recently displaced from Somaliland has been identified as the suspect behind an arson attack on the Offices of the Representative of Somaliland in Addis Ababa, police has revealed.
Following approval a fortnight ago by the board of directors of the European Investment Bank (EIB), it would soon sign an equity investment fund agreement amounting to USD 10 million with Cepheus Growth Capital Fund. The investment is expected to assist private equity investment by Cepheus.
PM disappointed by Somali Region’s statement
As Prime Minister Hailemaraim Dessalegn is trying to sort out the confrontation between the Somali and Oromia Regional States, the Somali Region Communications Bureau over the week issued a statement accusing the Oromia Regional State of proceeding forcibly with land expansion in view of finding access to neighboring sea ports such as those in Somaliland and Somalia for alleged subversive reason against the federation.
Crisis in E. Ethiopia might be the cause
The Fourth National Housing and Population Census, originally scheduled to be conducted on November 19, 2017, has now been postponed to February 2018, The Reporter has learnt.
As Ethiopia is pushing her way for commercialization of Genetically Modified Cotton variety—BT Cotton, five separates directives – all related to GMOs – are awaiting the endorsement of the Ministry of Environment Protection and Climate Change, The Reporter has learnt.
As part of the ongoing effort to mitigate the impact of the drought, Ethiopian government is to purchase four million quintals of wheat which is estimated to cost the government around four billion birr.