Tigray State Welcomes Debretsion as President

September 27 , 2020


Tigray State Welcomes Debretsion as President

Debretsion Gebremichael (PhD) was sworn in as Tigray Regional State's president after he was unanimously elected by the newly constituted northern regional council, which is increasingly at odds with the federal government. Debretsion has been serving as a vice president of the Regional State for not having a legislative position until he secured a seat in the regional council during the recent regional elections, dismissed by federal authorities as “null and void." The chairperson of the ruling Tigray People's Liberation Front (TPLF), Debretsion was appointed as vice president in January 2018, four months ahead of Abiy Ahmed (PhD) being elected as Prime Minister. During the latest elections held earlier this month, Debretsion ran for election for the constituency of the town of Adwa, a few kilometres from the border with Eritrea. The regional council has also legislated a bill that paves a way for opposition parties to have a non-voting presence in the regional council. The opposition is offered the opportunity to propose agendas and bills; present motions; and make policy suggestions, as well as nominate appointees.


Radar

Ministry Revokes Hundreds of Mining Concessions

The Ministry of Mines has revoked the licenses of 972 for alleged non-compliance with the terms of their exploration and production permits, and involvement in illicit trade.  Among those on the receiving end of the measure is Kefi Gold, a firm that has been conducting gold exploration in the Western Wellega Zone of the Oromia Regional State for over a decade. The 2,000hct exploration area is estimated to hold deposits of close to 50,000Kg of gold. Last week, the National Bank of Ethiopia ap...


Radar

World Bank, Fed Agree on $715m in Funds to Fight Food Insecurity

The World Bank Group and the Ministry of Finance have signed an agreement for 715 million dollars to go towards fighting food insecurity. Most of the financing (600 million dollars) is earmarked for the implementation of a Food Systems Resilience Programme. A third of the amount is in the form of grants, while the balance is credit. An additional 115 million dollars is pledged for improving access to financial services and bolstering economic activity in pastoralist areas. The areas target...


Radar

DISRUPTION HOPEFULS

Youths checkout a booth at the AddisRupt Expo 2022, which was hosted at Safari Hotel on June 25, 2022. The expo focused on technological and entrepreneurial work, showcasing over 20 startups to visitors. The promoters of the expo aimed at connecting startups with investors and was organized by firms such as LinkUp Addis, Profit Marketing and Afromile Trading...