Abiy Ahmed

Ethiopian Prime Minister gives Tigrayan forces 72 hours to surrender

November 22, 2020 Breaking News, East Africa, Ethiopia, News, Newsbeat, World

Ethiopian Prime Minister Abiy Ahmed Ali addressing the military in April 2019(Photo credit: courtesy image)

Nov 22, 2020(SSNN) — The Ethiopian Prime minister Abiy Ahmed Ali has given the Tigrayan regional forces, also known as the Tigray People Liberation Front, less than 72 hours to surrender before the Ethiopian military begins an offensive on the regional capital of Mekelle. “We urge you to surrender peacefully within 72 hours, recognizing that you are at the point […]

Ethiopia: IMF offers $2.9 billion financing package for Ethiopia’s economic reform

December 23, 2019 Addis Ababa, economy, Newsbeat

December 23rd, 2019 (SSNN)-The International Monetary Fund’s Executive Board has approved a three-year $2.9 billion financing package to support Ethiopia’s economic reform program, the IMF said said in a statement. The agreement, supported by the Fund’s Extended Credit Facility (ECF) and Extended Fund Facility (EFF), “aims to support the authorities’ implementation of their ambitious reform agenda and catalyze concessional […]