News: Report says #Russia delivers Yak-130 aircraft, Orion drone to #Ethiopia
Russia has reportedly delivered up to six #Yak-130 advanced trainer and light combat aircraft, along with at least one #Orion combat drone, to Ethiopia, according to #Ukrainian defense publication Defense Express.
The publication reported on 27 January that the aircraft and drone were observed during Aviation Expo 2026 held at Bishoftu Air Base. Images from the event reportedly show Yak-130 jets bearing tail numbers 2301 through 2306.
The Yak-130, manufactured by Russia’s defense industry, is primarily designed for pilot training but is also capable of conducting light combat missions.
According to Defense Express, the appearance of the Orion unmanned aerial vehicle (#UAV) in Ethiopia marks the first publicly confirmed export of the Russian-made system.
The Orion is a medium-altitude, long-endurance (#MALE) drone that has been used intermittently by Russian forces in the war…..
Read more: https://addisstandard.com/?p=54815
Russia has reportedly delivered up to six #Yak-130 advanced trainer and light combat aircraft, along with at least one #Orion combat drone, to Ethiopia, according to #Ukrainian defense publication Defense Express.
The publication reported on 27 January that the aircraft and drone were observed during Aviation Expo 2026 held at Bishoftu Air Base. Images from the event reportedly show Yak-130 jets bearing tail numbers 2301 through 2306.
The Yak-130, manufactured by Russia’s defense industry, is primarily designed for pilot training but is also capable of conducting light combat missions.
According to Defense Express, the appearance of the Orion unmanned aerial vehicle (#UAV) in Ethiopia marks the first publicly confirmed export of the Russian-made system.
The Orion is a medium-altitude, long-endurance (#MALE) drone that has been used intermittently by Russian forces in the war…..
Read more: https://addisstandard.com/?p=54815
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#US to resume WFP food distribution in #Somalia after government accepts responsibility
The United States said it will resume World Food Programme (#WFP) food distribution in Somalia after a three-week suspension, following the federal government’s acknowledgment of responsibility for actions that disrupted humanitarian operations at the #MogadishuPort.
In a statement, the U.S. Foreign Assistance office said Washington recognizes Somalia’s acceptance of responsibility for the incident affecting WFP operations, including U.S.-funded assistance.
The statement added that while food distribution will resume, the United States will continue reviewing its broader assistance posture in Somalia, reiterating the #Trump administration’s “zero tolerance policy for waste, theft, or diversion of U.S. resources.”
On 7 January 2026, the U.S. State Department announced the suspension of .....
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The United States said it will resume World Food Programme (#WFP) food distribution in Somalia after a three-week suspension, following the federal government’s acknowledgment of responsibility for actions that disrupted humanitarian operations at the #MogadishuPort.
In a statement, the U.S. Foreign Assistance office said Washington recognizes Somalia’s acceptance of responsibility for the incident affecting WFP operations, including U.S.-funded assistance.
The statement added that while food distribution will resume, the United States will continue reviewing its broader assistance posture in Somalia, reiterating the #Trump administration’s “zero tolerance policy for waste, theft, or diversion of U.S. resources.”
On 7 January 2026, the U.S. State Department announced the suspension of .....
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News: #Ethiopian Airlines suspends flights to #Tigray airports
Ethiopian Airlines has suspended flights scheduled for today to airports in Tigray, including #Mekelle, #Axum, #Shire, and #Humera, according to information obtained by Addis Standard.
An Addis Standard reporter on the ground in Mekelle confirmed airport staff were informed to take a break for the day. However, Ethiopian Airlines’ ticket office in Mekelle continued providing services, excluding flights scheduled for today.
“The system is working. We are giving services. We sell tickets scheduled from tomorrow onwards. We reschedule flights and provide other services,” one ticket office staff member told Addis Standard. “But none of us know why flights were suspended today.”
Passengers who had booked flights for today received text messages notifying them of the cancellation. One message sent to customers read:
“Your flight ET0102 from ADD on 29 Jan 2026, at 08:10 AM has been cancelled….
Read more: https://addisstandard.com/?p=54824
Ethiopian Airlines has suspended flights scheduled for today to airports in Tigray, including #Mekelle, #Axum, #Shire, and #Humera, according to information obtained by Addis Standard.
An Addis Standard reporter on the ground in Mekelle confirmed airport staff were informed to take a break for the day. However, Ethiopian Airlines’ ticket office in Mekelle continued providing services, excluding flights scheduled for today.
“The system is working. We are giving services. We sell tickets scheduled from tomorrow onwards. We reschedule flights and provide other services,” one ticket office staff member told Addis Standard. “But none of us know why flights were suspended today.”
Passengers who had booked flights for today received text messages notifying them of the cancellation. One message sent to customers read:
“Your flight ET0102 from ADD on 29 Jan 2026, at 08:10 AM has been cancelled….
Read more: https://addisstandard.com/?p=54824
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#Opinion: From Horn of #Africa to Middle East: #Somaliland as strategic connector in Red Sea corridor
In this opinion piece, Abdifataah Hussien Osman argues that the Horn of Africa and the #Middle_East have merged into a single strategic theater, with the #Red_Sea acting as a “connective corridor” for trade and security.
Strategically located along the Gulf of Aden, Somaliland has turned geography into “strategic reliability through effective territorial control,” while the Port of #Berbera has grown into a key regional hub. For the #United_States and Middle Eastern states, Somaliland offers a pragmatic, low-risk partner, as “Somaliland’s consistency becomes a strategic resource in itself.”
Recognition, the author concludes, is not symbolism but “strategic alignment,” because “stability is not declared by recognition; it is proven by practice.”
https://addisstandard.com/?p=54829
In this opinion piece, Abdifataah Hussien Osman argues that the Horn of Africa and the #Middle_East have merged into a single strategic theater, with the #Red_Sea acting as a “connective corridor” for trade and security.
Strategically located along the Gulf of Aden, Somaliland has turned geography into “strategic reliability through effective territorial control,” while the Port of #Berbera has grown into a key regional hub. For the #United_States and Middle Eastern states, Somaliland offers a pragmatic, low-risk partner, as “Somaliland’s consistency becomes a strategic resource in itself.”
Recognition, the author concludes, is not symbolism but “strategic alignment,” because “stability is not declared by recognition; it is proven by practice.”
https://addisstandard.com/?p=54829
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News: Senior #US. officials, CRS visit emergency aid operations in #Tigray amid worsening humanitarian crisis
Senior officials and experts from the U.S. government and Catholic Relief Services (#CRS) conducted an observation visit to emergency food assistance operations in Tigray as humanitarian conditions in the region continue to deteriorate amid funding cuts and rising malnutrition.
The delegation, led by Dr. Carlos Juanju, Head of the U.S. Office of Humanitarian Assistance, visited #Wukro and #Hawzen towns on 27 January 2026. According to local media, the team observed emergency food distribution systems implemented by the Relief Society of Tigray (#REST) and held discussions with aid beneficiaries.
Beneficiaries told local broadcasters that while the assistance has been critical to their survival, significant gaps remain in both the quantity and diversity of food aid. Internally....
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Senior officials and experts from the U.S. government and Catholic Relief Services (#CRS) conducted an observation visit to emergency food assistance operations in Tigray as humanitarian conditions in the region continue to deteriorate amid funding cuts and rising malnutrition.
The delegation, led by Dr. Carlos Juanju, Head of the U.S. Office of Humanitarian Assistance, visited #Wukro and #Hawzen towns on 27 January 2026. According to local media, the team observed emergency food distribution systems implemented by the Relief Society of Tigray (#REST) and held discussions with aid beneficiaries.
Beneficiaries told local broadcasters that while the assistance has been critical to their survival, significant gaps remain in both the quantity and diversity of food aid. Internally....
https://www.facebook.com/AddisstandardEng/posts/pfbid0c1vZJeFZcVe7WD9RGWxL2jSosNL3Cxm7MFfhGavSEf8ue95v16Pa3YR7uj7pc1m1l
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News: Flight suspensions linked to clashes between federal, Tigrayan forces in #Tigray: AFP
Clashes between federal and Tigrayan forces have erupted in Ethiopia's northern Tigray region, prompting the suspension of flights, security and diplomatic sources told AFP on Thursday.
The renewed tensions risk a return to conflict in the volatile region, which three years ago emerged from a brutal war between Ethiopian forces and the Tigray People's Liberation Front (#TPLF) that the African Union says killed at least 600,000 people.
Hostilities broke out in recent days in #Tsemlet, #western_Tigray, an area claimed by forces from the neighbouring Amhara region who have refused to withdraw despite a peace agreement signed in Pretoria at the end of 2022 requiring them to do so.
"The situation appears to be deteriorating," the security source said. A diplomatic source seeking anonymity told AFP...
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Clashes between federal and Tigrayan forces have erupted in Ethiopia's northern Tigray region, prompting the suspension of flights, security and diplomatic sources told AFP on Thursday.
The renewed tensions risk a return to conflict in the volatile region, which three years ago emerged from a brutal war between Ethiopian forces and the Tigray People's Liberation Front (#TPLF) that the African Union says killed at least 600,000 people.
Hostilities broke out in recent days in #Tsemlet, #western_Tigray, an area claimed by forces from the neighbouring Amhara region who have refused to withdraw despite a peace agreement signed in Pretoria at the end of 2022 requiring them to do so.
"The situation appears to be deteriorating," the security source said. A diplomatic source seeking anonymity told AFP...
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News: #Ethio_Telecom, #Somcable discuss cross-border digital, telecom cooperation
Ethio Telecom said it has held talks with Somcable, a private telecommunications company headquartered in #Hargeisa, on establishing a strategic cross-border partnership aimed at expanding cooperation in international digital and telecommunications services.
In a statement, Ethio Telecom said its Chief Executive Officer, Frehiwot Tamiru, met with Somcable Chairman Mohamed Said Guedi and Chief Executive Officer Mohamed Ibrahim Ahmed to explore collaboration opportunities focused on accelerating growth in foreign markets through digital solutions.
According to the statement, discussions centered on leveraging digital technologies to enhance international market potential, with Ethio Telecom briefing the Somcable delegation on its ongoing transformation agenda & strategic priorities.
Frehiwot emphasized.....
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Ethio Telecom said it has held talks with Somcable, a private telecommunications company headquartered in #Hargeisa, on establishing a strategic cross-border partnership aimed at expanding cooperation in international digital and telecommunications services.
In a statement, Ethio Telecom said its Chief Executive Officer, Frehiwot Tamiru, met with Somcable Chairman Mohamed Said Guedi and Chief Executive Officer Mohamed Ibrahim Ahmed to explore collaboration opportunities focused on accelerating growth in foreign markets through digital solutions.
According to the statement, discussions centered on leveraging digital technologies to enhance international market potential, with Ethio Telecom briefing the Somcable delegation on its ongoing transformation agenda & strategic priorities.
Frehiwot emphasized.....
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#Coming_UP: The Standard Signal | Ep. 11: Meles Zenawi’s Nightmare Revisited: GERD, Gulf Money, and the Unmaking of Sovereignty
Fifteen years ago, Ethiopia’s late Prime Minister Meles Zenawi warned that his nightmare would be an “Egyptian agenda financed by Gulf money.”
Has Meles Zenawi’s nightmare already arrived?
#TsedaleLemma speaks with #JawarMohammed.
Premiers at: 7:30 PM tonight.
Subscribe to watch: https://www.youtube.com/@AddisStandard
#GERD #HornOfAfrica #Ethiopia #GulfPolitics #UAE #SaudiArabia #NilePolitics #AfricanGeopolitics #Sovereignty #MiddleEastAfrica #TheStandardSignal
Fifteen years ago, Ethiopia’s late Prime Minister Meles Zenawi warned that his nightmare would be an “Egyptian agenda financed by Gulf money.”
Has Meles Zenawi’s nightmare already arrived?
#TsedaleLemma speaks with #JawarMohammed.
Premiers at: 7:30 PM tonight.
Subscribe to watch: https://www.youtube.com/@AddisStandard
#GERD #HornOfAfrica #Ethiopia #GulfPolitics #UAE #SaudiArabia #NilePolitics #AfricanGeopolitics #Sovereignty #MiddleEastAfrica #TheStandardSignal
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News: Conflict, flooding, fuel shortages strained humanitarian logistics in #Ethiopia in late 2025, report says
Ethiopia’s humanitarian logistics network faced mounting pressure in the final quarter of 2025 as #conflict, #climate_shocks, and #disease outbreaks continued to drive displacement and restrict aid delivery across several regions, according to a new Logistics Cluster fact sheet.
The report says sustained insecurity and infrastructure damage in the #Amhara, #Oromia, #Somali, and #Tigray regions compounded operational challenges for humanitarian partners, who relied heavily on coordinated logistics support to deliver life-saving assistance to hard-to-reach communities.
During the October–December period, access along key transport corridors remained fragile, with repeated security incidents delaying convoy movements and disrupting cargo delivery. Seasonal flooding further worsened the situation by damaging roads and bridges, cutting off critical....
Read more: https://addisstandard.com/?p=54827
Ethiopia’s humanitarian logistics network faced mounting pressure in the final quarter of 2025 as #conflict, #climate_shocks, and #disease outbreaks continued to drive displacement and restrict aid delivery across several regions, according to a new Logistics Cluster fact sheet.
The report says sustained insecurity and infrastructure damage in the #Amhara, #Oromia, #Somali, and #Tigray regions compounded operational challenges for humanitarian partners, who relied heavily on coordinated logistics support to deliver life-saving assistance to hard-to-reach communities.
During the October–December period, access along key transport corridors remained fragile, with repeated security incidents delaying convoy movements and disrupting cargo delivery. Seasonal flooding further worsened the situation by damaging roads and bridges, cutting off critical....
Read more: https://addisstandard.com/?p=54827
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#Premiering_now: The Standard Signal | Ep. 11: Meles Zenawi’s Nightmare Revisited: GERD, Gulf Money, and the Unmaking of Sovereignty
In this episode of The Standard Signal, Tsedale Lemma is joined by Jawar Mohammed to examine how GERD, the UAE–Ethiopia strategic alliance, and the intensifying Saudi–UAE rivalry are exposing Ethiopian state’s fragility.
Click here to watch: https://www.youtube.com/watch?v=zPFKPTZvlaI
In this episode of The Standard Signal, Tsedale Lemma is joined by Jawar Mohammed to examine how GERD, the UAE–Ethiopia strategic alliance, and the intensifying Saudi–UAE rivalry are exposing Ethiopian state’s fragility.
Click here to watch: https://www.youtube.com/watch?v=zPFKPTZvlaI
YouTube
The Standard Signal | Ep. 11: Meles Zenawi’s Nightmare Revisited: GERD, Gulf Money
Meles Zenawi’s Nightmare Revisited: GERD, Gulf Money, and the Unmaking of Sovereignty
Fifteen years ago, Ethiopia’s late Prime Minister Meles Zenawi warned that his nightmare would be an “Egyptian agenda financed by Gulf money.” Today, that warning reads…
Fifteen years ago, Ethiopia’s late Prime Minister Meles Zenawi warned that his nightmare would be an “Egyptian agenda financed by Gulf money.” Today, that warning reads…
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#Ethiopia | ‘The 21st Century #Adwa’: Barbados’ PM Mia Mottley on GERD and African Agency
In a one-on-one interview with a comedian and TV host Trevor Noah last week, Barbados’ Prime Minister Mia Amor Mottley offered a passionate endorsement of Ethiopia’s Grand Ethiopian Renaissance Dam (GERD), describing the project as “revolutionary” and placing it within Africa’s enduring energy crisis. Noting that Ethiopia’s population exceeds 100 million while just over half have access to electricity, Mottley framed GERD as a strategic response to a continent-wide development constraint.
She argued that what elevates GERD beyond infrastructure is how it was built. After international lenders declined to finance the project, Ethiopia turned inward, mobilizing domestic banks and ordinary citizens through bonds and public contributions to construct Africa’s largest hydroelectric dam.
PM Mottley said she told Prime Minister Abiy Ahmed that GERD represents “the 21st century Adwa”,
Watch
In a one-on-one interview with a comedian and TV host Trevor Noah last week, Barbados’ Prime Minister Mia Amor Mottley offered a passionate endorsement of Ethiopia’s Grand Ethiopian Renaissance Dam (GERD), describing the project as “revolutionary” and placing it within Africa’s enduring energy crisis. Noting that Ethiopia’s population exceeds 100 million while just over half have access to electricity, Mottley framed GERD as a strategic response to a continent-wide development constraint.
She argued that what elevates GERD beyond infrastructure is how it was built. After international lenders declined to finance the project, Ethiopia turned inward, mobilizing domestic banks and ordinary citizens through bonds and public contributions to construct Africa’s largest hydroelectric dam.
PM Mottley said she told Prime Minister Abiy Ahmed that GERD represents “the 21st century Adwa”,
Watch
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News: #Election Board requests academic calendar adjustment to facilitate student voting in 7th general election
The National Election Board of #Ethiopia (#NEBE) has called on #universities and the Ministry of Education to adjust academic schedules to allow students sufficient time to participate in the upcoming 7th General Election.
On 27 January 2026, NEBE held discussions with leaders of higher education institutions and Ministry of Education representatives to ensure students studying far from their home constituencies can exercise their right to vote.
Deputy Chairperson Tesfaye Niway emphasized that enabling student participation is essential for strengthening Ethiopia’s democratic system.
According to NEBE, the most effective approach is for students to register at university-based special polling stations and then travel to their electoral districts to cast their ballots.
During the meeting, university leaders and Ministry representatives raised….
Read more: https://addisstandard.com/?p=54832
The National Election Board of #Ethiopia (#NEBE) has called on #universities and the Ministry of Education to adjust academic schedules to allow students sufficient time to participate in the upcoming 7th General Election.
On 27 January 2026, NEBE held discussions with leaders of higher education institutions and Ministry of Education representatives to ensure students studying far from their home constituencies can exercise their right to vote.
Deputy Chairperson Tesfaye Niway emphasized that enabling student participation is essential for strengthening Ethiopia’s democratic system.
According to NEBE, the most effective approach is for students to register at university-based special polling stations and then travel to their electoral districts to cast their ballots.
During the meeting, university leaders and Ministry representatives raised….
Read more: https://addisstandard.com/?p=54832
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#China executes 11 gang members who lured #Kenyans to #Myanmar scam compounds
China has executed 11 members of a criminal gang convicted of luring foreigners—including Kenyans—into scam compounds in Myanmar, where they ran a billion-dollar online fraud and illegal gambling network.
The criminal syndicate was convicted of running a vast online fraud and illegal gambling operation that generated more than $14 billion, according to state media and court records.
The executions approved by China's Supreme Peoples Court and carried out in eastern #Zhejiang province underscore Beijing' intensifying crackdown on transnational crime networks operating across Southeast Asia, These networks have increasingly affected victims and financial systems far beyond the region including in Africa.
Chinese authorities said the defendants were key figures in the so-called Ming family criminal group .....
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China has executed 11 members of a criminal gang convicted of luring foreigners—including Kenyans—into scam compounds in Myanmar, where they ran a billion-dollar online fraud and illegal gambling network.
The criminal syndicate was convicted of running a vast online fraud and illegal gambling operation that generated more than $14 billion, according to state media and court records.
The executions approved by China's Supreme Peoples Court and carried out in eastern #Zhejiang province underscore Beijing' intensifying crackdown on transnational crime networks operating across Southeast Asia, These networks have increasingly affected victims and financial systems far beyond the region including in Africa.
Chinese authorities said the defendants were key figures in the so-called Ming family criminal group .....
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News: #AU Chairperson calls for maximum restraint amid renewed tensions in #Tigray
The Chairperson of the African Union Commission, Mahmoud Ali Youssouf, has urged all parties in #Ethiopia’s Tigray region to exercise maximum restraint as tensions rise and reports emerge of renewed clashes in parts of the region.
In a statement issued on Friday, the AU Commission said its Chairperson is closely monitoring developments in Tigray and expressed deep concern over recent developments. He re-emphasized the paramount importance of preserving the “hard-won gains” achieved under the African Union-led Permanent Cessation of Hostilities Agreement (#COHA) signed between the federal government and the Tigray People’s Liberation Front (#TPLF) in Pretoria on 2 November 2022.
The Chairperson called on all parties to refrain from actions that could undermine confidence and to resolve outstanding issues through constructive dialogue, in full adherence to both the .....
Read more: https://addisstandard.com/?p=54840
The Chairperson of the African Union Commission, Mahmoud Ali Youssouf, has urged all parties in #Ethiopia’s Tigray region to exercise maximum restraint as tensions rise and reports emerge of renewed clashes in parts of the region.
In a statement issued on Friday, the AU Commission said its Chairperson is closely monitoring developments in Tigray and expressed deep concern over recent developments. He re-emphasized the paramount importance of preserving the “hard-won gains” achieved under the African Union-led Permanent Cessation of Hostilities Agreement (#COHA) signed between the federal government and the Tigray People’s Liberation Front (#TPLF) in Pretoria on 2 November 2022.
The Chairperson called on all parties to refrain from actions that could undermine confidence and to resolve outstanding issues through constructive dialogue, in full adherence to both the .....
Read more: https://addisstandard.com/?p=54840
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#Kenya, #Ethiopia eye River Dawa project to cushion North Eastern drought crisis
Kenya and Ethiopia are strengthening collaboration on the River Dawa Basin project to address the ongoing drought crisis affecting North Eastern Kenya, particularly Mandera, Wajir, Garissa, and Isiolo counties.
The initiative focuses on a proposed multi-purpose dam on the River Dawa, which forms part of the Kenya-Ethiopia border within the drought-prone Mandera Triangle.
The basin is a critical resource for over three million people, supporting irrigation, livestock production, domestic water supply, and broader livelihoods in one of the region’s most climate-vulnerable zones.
Discussions on borderlands infrastructure
On January 28, 2026, a high-level Kenya-Ethiopia Borderlands Infrastructure Meeting convened at the Office of the Prime Cabinet Secretary, led by H.E. .....
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Kenya and Ethiopia are strengthening collaboration on the River Dawa Basin project to address the ongoing drought crisis affecting North Eastern Kenya, particularly Mandera, Wajir, Garissa, and Isiolo counties.
The initiative focuses on a proposed multi-purpose dam on the River Dawa, which forms part of the Kenya-Ethiopia border within the drought-prone Mandera Triangle.
The basin is a critical resource for over three million people, supporting irrigation, livestock production, domestic water supply, and broader livelihoods in one of the region’s most climate-vulnerable zones.
Discussions on borderlands infrastructure
On January 28, 2026, a high-level Kenya-Ethiopia Borderlands Infrastructure Meeting convened at the Office of the Prime Cabinet Secretary, led by H.E. .....
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#Op_ed: Rebuilding #Tigray’s Health System: Prioritizing human rights and dignity
In this op-ed for GEM Tigray, Batseba Seifu highlights that five years of genocidal war have devastated Tigray’s health system, erasing decades of progress in maternal care, vaccinations, chronic disease management, and emergency services.
The article explains that before the war, a network of health posts, centers, and hospitals—supported by ambulances—served millions. Today, most facilities are looted, damaged, or non-functional, and ambulance services have largely ceased. The author notes, “Deliberate and widespread attacks on healthcare” have left communities without essential services, causing preventable deaths among pregnant women, children, and patients with chronic illnesses.
The op-ed urges coordinated action to restore services and rebuild infrastructure, emphasizing that “rebuilding health care in Tigray is not charity—it is justice.”
https://addisstandard.com/?p=54849
In this op-ed for GEM Tigray, Batseba Seifu highlights that five years of genocidal war have devastated Tigray’s health system, erasing decades of progress in maternal care, vaccinations, chronic disease management, and emergency services.
The article explains that before the war, a network of health posts, centers, and hospitals—supported by ambulances—served millions. Today, most facilities are looted, damaged, or non-functional, and ambulance services have largely ceased. The author notes, “Deliberate and widespread attacks on healthcare” have left communities without essential services, causing preventable deaths among pregnant women, children, and patients with chronic illnesses.
The op-ed urges coordinated action to restore services and rebuild infrastructure, emphasizing that “rebuilding health care in Tigray is not charity—it is justice.”
https://addisstandard.com/?p=54849
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News: #Ethiopia says official creditors decline Eurobond restructuring terms, plans to reengage Ad Hoc Committee
The Ministry of Finance said Ethiopia will not proceed with the implementation of recently agreed #Eurobond restructuring terms after the country’s Official Creditor Committee (#OCC) concluded that the deal does not fully comply with the principle of Comparability of Treatment.
In a statement issued on 30 January, the ministry said the assessment followed consultations with the OCC and the International Monetary Fund (#IMF) after Ethiopia reached an agreement in principle (#AIP) on 2 January 2026 with a group of bondholders on restructuring its US$1 billion 6.625% Notes due 2024.
According to the ministry, Ethiopia and its advisers engaged the OCC and the IMF to determine whether the AIP was consistent with “(i) the Comparability of Treatment principle as applied by the OCC and (ii) the targets and parameters of Ethiopia’s IMF program.”......
Read more: https://addisstandard.com/?p=54853
The Ministry of Finance said Ethiopia will not proceed with the implementation of recently agreed #Eurobond restructuring terms after the country’s Official Creditor Committee (#OCC) concluded that the deal does not fully comply with the principle of Comparability of Treatment.
In a statement issued on 30 January, the ministry said the assessment followed consultations with the OCC and the International Monetary Fund (#IMF) after Ethiopia reached an agreement in principle (#AIP) on 2 January 2026 with a group of bondholders on restructuring its US$1 billion 6.625% Notes due 2024.
According to the ministry, Ethiopia and its advisers engaged the OCC and the IMF to determine whether the AIP was consistent with “(i) the Comparability of Treatment principle as applied by the OCC and (ii) the targets and parameters of Ethiopia’s IMF program.”......
Read more: https://addisstandard.com/?p=54853
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News: #Tigray opposition parties urge international mediators to intervene as tensions raise fears of renewed war
Several Tigray-based opposition political parties have issued separate open letters warning of an imminent risk of renewed conflict in the region and calling on international mediators and guarantors of the Cessation of Hostilities Agreement (#CoHA) to take urgent preventive action.
Salsay Weyane Tigray (#SaWeT) and the Tigray Independence Party (#TIP), in letters addressed to the #United_Nations, the African Union (#AU), the #United_States, the #European_Union, and other guarantors and facilitators of the Pretoria peace agreement, expressed deep concern over what they described as escalating political and military tensions that could unravel the fragile peace in Tigray.
In its open letter, SaWeT warned that the region is “on the brink of an absolutely preventable disaster,” saying that a growing military confrontation threatens the collapse of …..
Read more: https://addisstandard.com/?p=54847
Several Tigray-based opposition political parties have issued separate open letters warning of an imminent risk of renewed conflict in the region and calling on international mediators and guarantors of the Cessation of Hostilities Agreement (#CoHA) to take urgent preventive action.
Salsay Weyane Tigray (#SaWeT) and the Tigray Independence Party (#TIP), in letters addressed to the #United_Nations, the African Union (#AU), the #United_States, the #European_Union, and other guarantors and facilitators of the Pretoria peace agreement, expressed deep concern over what they described as escalating political and military tensions that could unravel the fragile peace in Tigray.
In its open letter, SaWeT warned that the region is “on the brink of an absolutely preventable disaster,” saying that a growing military confrontation threatens the collapse of …..
Read more: https://addisstandard.com/?p=54847
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News: #Ethiopia lost an estimated $24.6 billion to trade misinvoicing over a decade, new report reveals
Ethiopia lost an estimated #USD 24.6 billion through trade-related illicit financial flows (#IFFs) between 2013 and 2022, placing it among the top ten #African countries affected by trade misinvoicing, according to a new report by Global Financial Integrity (#GFI) released on 28 January 2026.
The report, Trade-Related Illicit Financial Flows in Africa, 2013–2022, analyzes discrepancies between what African countries report as exports and imports and what their trading partners report, so-called “mirror trade” gaps, using #UN Comtrade data. These gaps serve as a conservative proxy for illicit financial flows driven largely by under- and over-invoicing of trade transactions.
According to GFI, Ethiopia’s cumulative trade value gap of USD 24.6 billion over the ten-year period reflects persistent weaknesses in customs valuation, trade monitoring, and ....
Read more: https://addisstandard.com/?p=54838
Ethiopia lost an estimated #USD 24.6 billion through trade-related illicit financial flows (#IFFs) between 2013 and 2022, placing it among the top ten #African countries affected by trade misinvoicing, according to a new report by Global Financial Integrity (#GFI) released on 28 January 2026.
The report, Trade-Related Illicit Financial Flows in Africa, 2013–2022, analyzes discrepancies between what African countries report as exports and imports and what their trading partners report, so-called “mirror trade” gaps, using #UN Comtrade data. These gaps serve as a conservative proxy for illicit financial flows driven largely by under- and over-invoicing of trade transactions.
According to GFI, Ethiopia’s cumulative trade value gap of USD 24.6 billion over the ten-year period reflects persistent weaknesses in customs valuation, trade monitoring, and ....
Read more: https://addisstandard.com/?p=54838
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