Tag: Ethiopia
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Ethiopia will pay for any impact of GERD on Egypt
πͺπΉπͺπ¬ Egyptβs Minister of Irrigation and Water Sources Hani Sewilam warned Ethiopia on Wednesday that any harm caused by the Grand Ethiopian Renaissance Dam (GERD) to Egypt will come at a cost. “Any dam constructed along the Nile River affects Egypt. Some impacts are manageable, others are not. Ethiopia will pay for any impact on…
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IMF mission on visit to Ethiopia finance ministry official said.
π°πͺπΉ An International Monetary Fund staff mission is in Ethiopia, a senior finance ministry official said on Thursday. Last month, IMF spokesperson Julie Kozack had said the fund would send a mission to Ethiopia to discuss its request for a loan programme. In December, the Paris Club of developed creditor nations said Ethiopia’s agreement with…
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Somalia authorities are investigating a midair close call between Qatar Airways and Ethiopian Airlines flights
πΈπ΄πΆπ¦πͺπΉ Somalian Civil Aviation and Airports Authority is investigating a near collision between an Ethiopian A350 and a Qatar Airways 787 while flying over the Gulf of Aden near Somalia, after ATC wrongly told one aircraft to climb to 40,000 feet. Pilots received instructions from ATC to climb to 40,000 feet altitude while flying in…
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Glitch allows Ethiopia bank customers to withdraw millions
Ethiopiaβs largest commercial bank is trying to retrieve millions of dollars withdrawn by its customers after an incident it described as a systems glitch. More than $40m were reportedly withdrawn from the state-owned Commercial Bank of Ethiopia, or transferred to other banks, when customers found out they could take out more cash than they had…
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