Waw technology boom in Eritrea
Posted: 02 Jan 2026, 21:06
ኢትዮጵያውያን እና ያላባራው ሕገ-ወጥ የሰዎች ዝውውር
238,000 migrants by mid-2025 what will the total be by the end of the year?
Every year, thousands of Ethiopian citizens risk their lives attempting to reach Saudi Arabia through irregular and extremely dangerous routes. Driven by economic hardship, insecurity, unemployment, and the absence of real opportunities at home, many are forced into the hands of smugglers who transport them across the Red Sea and the Gulf of Aden to Yemen, before they attempt to cross into Saudi Arabia. This journey, known as the Eastern Route, is among the most perilous migration routes in the world.
Along the way, countless migrants die at sea, while many others are shot at the Yemen–Saudi border. Some survive only to lose their legs or arms, permanently disabled by violence. Those who make it across often end up exploited, underpaid, and abused, treated as disposable labour rather than human beings. Yet despite the known dangers, the cycle repeats. When a country can not offer safety, dignity, or jobs, people are pushed to choose death, injury, or exploitation over staying behind.
particularly the central bank’s decision to offer a 15 percent premium to incentivize local gold supply and discourage informal gold trading.doing business the wrong way,
said Dr. Abdulmenan Mohammed, a seasoned financial expert who closely follows Ethiopia’s financial sector.The losses will continue to grow as long as the Birr keeps depreciating,
he said.The bank was unwilling to correct this approach, and as a result it has already lost 40 billion Birr,
Abdulmenan told The Reporter.I could not believe my eyes when I saw the 445 billion Birr loss. This is due to the debt the NBE owes Abu Dhabi and Saudi, which remain unpaid. Following last year’s currency floating, the payable loss on these unpaid debts surged exponentially. Even with minimal currency depreciation, the losses are huge,