Addis Standard
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An independent Ethiopia based online media focusing on current affairs. Original content+daily gist of media monitoring
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News: #Vodacom completes acquisition of majority stake in #Safaricom, cites #Ethiopia growth ambitions

#South_Africa-based Vodacom Group says it has completed the acquisition of an additional 20% effective stake in Safaricom PLC, increasing its shareholding to approximately 55% and giving it majority ownership of the telecommunications company, which operates in #Kenya and Ethiopia.

The company said the acquisition strengthens its presence in #East_Africa, highlighting Ethiopia as a key growth market where Safaricom has built a customer base of around 14 million subscribers since entering the country's telecommunications sector.

https://addisstandard.com/?p=58020
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#Opinion: Justice on Trial in #Tigray: #Axum’s religious freedom dispute, moral test for postwar society

What is unfolding in Axum, writes Mohammed A. Nurhussein, represents “a critical test of Tigray’s civic future.” He argues that by designating Axum an exclusively Christian “holy city” and restricting Muslim students from wearing the hijab, the Synod of the Tigray Orthodox Tewahedo Church and local authorities are attempting to impose an exclusionary theocratic order that directly contravenes constitutional guarantees of religious freedom and equal citizenship.

The author further contends that such discrimination is especially troubling in light of the immense suffering Tigray has recently endured.

He notes, “Devastation is not a license for moral collapse; it is a summons to renewal.”

https://addisstandard.com/?p=58010
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#Dubai firms reportedly preparing to enter #Ethiopia’s financial sector

The Ethiopian Embassy in #Abu_Dhabi says companies affiliated with the Dubai Chamber have begun “preparations to enter Ethiopia’s financial and banking sector” following the country’s decision to open the sector to foreign investors.

Jemal Berket, Ethiopia’s Ambassador to the #UAE Jemal with Mohammad Ali Rashed Lootah, President and CEO of the Dubai Chamber of Commerce, today in what the embassy said was “a follow-up discussion to earlier meetings” aimed at facilitating investment from Dubai, including the “Dubai–Ethiopia Business Connect” forum recently held in Addis Abeba.

The embassy cited Lootah’s reflection on his recent visit to Addis Abeba, where he led a 36-member business delegation, stating that the delegation had observed Ethiopia’s ongoing macroeconomic reforms firsthand.

He was quoted as saying the reforms had created a “favorable investment climate” that....

https://x.com/addisstandard/status/2072306364668342758?s=20
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News: #TPLF accuses #Ethiopian government of mobilizing forces across #Tigray, warns of preparations for renewed war


Speaking during a press briefing held on Tuesday, 30 June, #Fetlework_Gebregziabher, a member of the TPLF Executive Committee and head of the party's office, said the federal government was actively repositioning troops around Tigray.

"Currently, the Ethiopian government is mobilizing its forces from Western to Eastern Tigray in preparation for renewed war," she said.

https://addisstandard.com/?p=58027
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“Pray to God for me, so that the truth about #Hachalu is revealed”: #Fantu_Damisse, Wife of Slain Artist appeals years after his murder

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Melat Kiros defeats longtime Rep. Diana DeGette in #Colorado primary in another blow to establishment Dems

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Over 900 arrested during #South_African anti-migrant protests

South African police arrested more than 900 ​people during nationwide anti-migrant protests on Tuesday that were ‌mostly peaceful but at times turned violent, with shops looted, police said on Wednesday.

Of 120 marches, 108 were peaceful while 12 required ​police intervention, deputy national police commissioner Tebello Mosikili ​told a press conference, adding reasons for the ⁠arrests ranged from immigration violations to public violence, harbouring ​undocumented migrants and robbery.

Police said in a separate statement that ​one person was shot dead late on Tuesday in #Johannesburg's Alexandra township, where residents were looting informal cornershops known as spaza shops ​owned by foreign nationals.

Police reinforcements were deployed across five ​of the country's nine provinces overnight, while soldiers were sent to.....

https://www.reuters.com/world/south-african-police-say-they-arrested-over-900-people-during-anti-migrant-2026-07-01/
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#Sudan Army Says Retakes Key Town Near #Chad

The Sudanese army said it had retaken Kulbus, a strategic town near the Chadian border, in what appeared to be its biggest battlefield gain in western #Darfur since the fall of el-Fashir last year.

The Rapid Support Forces, at war with the army since April 2023, consolidated control over most of Darfur after capturing el-Fashir, the military's final stronghold in the region.

The military and its allied Joint Forces, a coalition of armed groups, meanwhile retained pockets of control along the Chadian border.

Kulbus lies on a vital corridor near the border, roughly halfway between the army-held border town of Al-Tina in North Darfur and El-Geneina, the capital of West Darfur, which remains under #RSF control.

In a statement late Monday, the Joint Forces said their fighters had taken "full control" of the town in West Darfur.....

https://english.aawsat.com/arab-world/5291138-lebanon-aoun-urges-opponents-%E2%80%98framework-agreement%E2%80%99-present-alternative
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#Libya’s #OLA Energy to acquire #TotalEnergies#Ethiopia assets in fuel retail deal

Addis Abeba – Libya’s OLA Energy Group has signed an agreement to acquire French energy company TotalEnergies’ downstream assets in Ethiopia, a move that will make the Libyan firm the largest foreign company operating in the country’s fuel distribution market, according to The Libya Observer.

The agreement, signed in Paris in the presence of Libya’s Minister of Oil and Gas, Khalifa Abdulsadiq, TotalEnergies Chief Executive Patrick Pouyanné, and OLA Energy Chairman Abuzed Suwalem, covers approximately 120 fuel service stations, a fuel storage terminal with a capacity of 13,000 cubic meters, as well as related operational and commercial activities.

The acquisition will position OLA Energy as the largest foreign company in Ethiopia’s fuel distribution sector. Financial terms of the transaction were not disclosed.

The Tripoli-based Government of National....

https://x.com/addisstandard/status/2072587457309081951?s=20
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#Ethiopia: From #China’s Star Pupil To Africa’s Free Agent

Bellwethers for investment, regions or sectors that signal broader shifts, are invaluable for investors. There are few better bellwethers for investment in Sub-Saharan #Africa than Ethiopia. Few countries combine Ethiopia’s scale, history, demographic weight, and developmental ambitions. It is rich in natural resources without becoming a classic rentier state.


Its economy is broad enough that manufacturing, agriculture, services, mining, and technology all possess a stake in national success. With more than 135 million people, #Addis_Abeba increasingly makes decisions that reverberate far beyond the Horn of Africa.

Great powers have long recognized that reality. In recent decades, the #United_States, the #Soviet_Union, and later China each devoted extraordinary political capital toward shaping Ethiopia's trajectory.......

https://www.facebook.com/AddisstandardEng/posts/pfbid02XCm1LGCsyHt12LdXxyS5Xc4UtziwJeUHSnGjY41Cps4yN1z5fxDaKQE1kRVyn2uxl
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#Op_ed: War is Not Inevitable, But Peace is Not Guaranteed: Cost of broken #Pretoria promises, delayed justice for #Tigray

In this op-ed, Gebremichael Negash argues that recent public warnings from #Ethiopia’s senior officials—that a TPLF faction "is poised to trigger another round of conflict"—threaten the fragile peace established by the Pretoria Agreement.

He contends that years after its signing, critical provisions — among them the return of displaced persons, territorial resolutions, and accountability measures — remain unfulfilled, leaving millions mired in an acute humanitarian crisis. As internal political fractures deepen and federal tensions mount, the risk of a catastrophic resurgence grows ever more pronounced.

The author emphasizes that while "war is not inevitable," peace cannot endure without full and faithful implementation of what was agreed.

https://addisstandard.com/?p=58033
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News: #Canada marks national day in Addis, vows deeper partnership with #Ethiopia on trade, peace, climate

Addressing diplomats, government officials, and invited guests at the Canada Day reception on Wednesday, Canada's Ambassador to Ethiopia, #Nicolas_Simard, described Ethiopia as one of Canada's "most significant and longest-standing partnerships on the #African continent," highlighting more than six decades of bilateral cooperation.

"Over six decades, this relationship has grown into a deep, multifaceted partnership — grounded in mutual respect, shared values, and, above all, strong human connections," Simard said.

https://addisstandard.com/?p=58036
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#Amnesty says RSF committed ethnic cleansing in #Sudan

The Sudanese paramilitary Rapid Support Forces (#RSF) committed crimes against humanity and ethnic cleansing during their attack on #El_Fasher city between 2024 and 2025, Amnesty International alleged Wednesday.

Sudan has been mired since April 2023 in a brutal war between the army and the RSF, which has killed tens of thousands and forced millions to flee, according to the #United_Nations.

Both sides have been accused of atrocities, with a UN independent fact-finding mission in February concluding that the 2025 assault on El-Fasher bore the "hallmarks of genocide".

Amnesty's wide-ranging report found that the RSF "committed crimes against humanity and ethnic cleansing during its campaign to seize El Fasher".

The NGO interviewed 247 victims or witnesses between early 2024 and October 2025 in North Darfur. It said the RSF......

https://www.facebook.com/AddisstandardEng/posts/pfbid02x4swGVUq6HCFaDVBGh39hmaqRLiKYoD8NbgVFwB5MPXBEkQ5L45kdwLg9BpxhifSl
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#WHO chief rebukes bishop’s migration remarks, says labeling people “invaders” denies their humanity

Addis Abeba – Tedros Adhanom Ghebreyesus has criticized remarks by conservative Catholic Bishop Athanasius Schneider describing migration to Europe as an “invasion,” saying such language dehumanizes people fleeing conflict and hardship.

In a post on X, Tedros said he read the bishop’s remarks “with a heavy heart,” arguing that referring to human beings as “invaders” strips them “of their faces, their names, their stories,” and warning that “history teaches us where that road leads.”

The WHO chief was responding to widely circulated interview clips of Bishop Schneider, a traditionalist Catholic prelate serving as auxiliary bishop in Kazakhstan, who has repeatedly argued that large-scale migration to Europe constitutes an orchestrated effort to undermine the continent’s Christian identity.

https://www.facebook.com/share/p/1FnNMzjyUe/?mibextid=wwXIfr
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News: #CBE posts 80 billion Birr profit as #Awash_Bank reports 40.7 billion Birr unaudited earnings

The state-owned Commercial Bank of #Ethiopia (CBE) and private lender Awash Bank have announced strong financial results for the 2025/26 fiscal year, reporting profits of 80 billion Birr and 40.7 billion Birr, respectively, alongside significant growth in deposits, lending, digital banking, and foreign currency earnings.

CBE also announced it accounted for 70% of the total value of digital payments made in Ethiopia during the concluded fiscal year, reinforcing its dominant position in the country’s digital financial services sector.

Separately, Awash Bank announced an unaudited profit of 40.7 billion Birr for the same fiscal year. Chief Executive Officer Tsehay Shiferaw said the bank's customer base has grown to more than 17 million, while total deposits reached 467.8 billion Birr, an increase of 135 billion Birr, or 41%, from the previous year.

https://addisstandard.com/?p=58041
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Democratic candidate shares how family's immigration from #Ethiopia inspired her political beliefs

"This is the party that fights for working people." Democratic socialist #Melat_Kiros joined "Connect" over the weekend and shared how her family's immigration from Ethiopia in 1998 — and her parents' support for the Democratic Party — shaped her political beliefs.

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#Canada marks national day in Addis, vows deeper partnership with #Ethiopia on trade, peace, climate
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How long can #Ethiopia keep selling its scarce dollars to defend the birr?

When Ethiopia floated the birr in July 2024, foreign exchange (FX) auctions were meant to be a bridge, not a permanent fixture. The expectation was simple. As the market adjusted, the central bank would gradually step back.

Nearly two years on, those interventions have only escalated.

In June alone, the National Bank of Ethiopia (NBE) sold $200 million to commercial banks to meet urgent import demand. Since January, it has injected roughly $3 billion into the FX market—more than triple the amount supplied during all of last year. The central bank argues the steps are necessary to stabilise the local currency, and boost system liquidity.

Early signals have been largely positive. Decades-old FX backlogs have nearly disappeared, the exchange rate is less volatile and investor confidence is gradually returning.

But these gains have come at a price. Every.....

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https://x.com/addisstandard/status/2072918050253238584?s=20
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News: Amid mounting funding fears, #US to end #UN support for #AU mission in #Somalia after 2026

The United States has announced that it will end its support for the United Nations Support Office in Somalia (#UNSOS) beyond the end of 2026, a move that could significantly undermine the African Union Support and Stabilization Mission in Somalia (#AUSSOM), the AU-led force supporting Somalia’s fight against al-Shabaab.

According to Reuters, Washington informed the African Union in a diplomatic note dated 1 July that while it would not oppose renewing AUSSOM’s mandate, it would block any extension that includes continued UN logistical and operational support through UNSOS.

https://addisstandard.com/?p=58051
More than 400 dead in #DR_Congo's spreading Ebola outbreak

An #Ebola outbreak in the DR Congo has killed more than 400 people and is still spreading, with a first case reported in the major city of #Kisangani nearly 600 kilometres (370 miles) from its epicentre.

The highly infectious disease has claimed 438 lives among the 1,406 people confirmed infected -- a fatality rate of just over 31 percent -- since the outbreak was declared on May 15, the National Institute of Public Health (INSP) said in its latest report published on Thursday.

The centre of the outbreak -- whose true scale remains difficult to assess -- was in the northeastern Ituri province, where more than 83 percent of the deaths have occurred.

The province borders South Sudan and Uganda, which has reported 20 cases including two deaths.

The virus has also spread to the nearby provinces of North Kivu and South Kivu.

A case has also recently been reported in Kisangani, a ......

https://x.com/addisstandard/status/2072954223386366171?s=20
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