U.S. Senate Foreign Relations Committee Chairman Sen. Jim Risch has warned of potential consequences following a Reuters investigative report alleging Ethiopia is hosting a training camp for fighters linked to Sudan’s Rapid Support Forces (RSF).

In a statement posted on social media, Sen. Risch said he was “concerned about reports of a UAE-linked training hub for genocidal RSF thugs in Ethiopia with possible supply routes via Somaliland,” adding that such developments “would be escalatory and further reason to designate the RSF as a Foreign Terrorist Organization (FTO), bringing consequences for this regional proxy support.”

The remarks follow a recent Reuters investigative report alleging Ethiopia is hosting a training camp for RSF-linked fighters in the western Benishangul-Gumuz region near the Sudan border. The report, citing multiple diplomatic, security, and government sources as well as satellite imagery analysis, suggested the facility could provide new recruits to the paramilitary group as fighting continues in Sudan. Ethiopian authorities have not publicly responded to the allegations. (Addis Standard)

Saudi Foreign Minister Prince Faisal bin Farhan met Ethiopian Prime Minister Abiy Ahmed Ali on Wednesday to discuss strengthening bilateral ties and enhancing cooperation on regional and global issues.

Abiy described the talks as “productive” in a post on US social media company X as discussions centered on bolstering ties, expanding cooperation across key sectors and coordinating efforts on regional and global issues of shared concern.

The prince arrived Wednesday in the Ethiopian capital of Addis Ababa to meet Abiy, with discussions focusing on regional developments as well as advancing security and stability in the region, the Saudi Foreign Ministry wrote on X.

The Saudi foreign minister’s visit follows a trip to Riyadh by his Ethiopian counterpart, Gedion Timothewos, on Feb. 2. (AA)

Ethiopia and France have strengthened their strategic development partnership with the signing of historic agreements that advance Ethiopia’s macroeconomic reform agenda and economic recovery efforts.

Ethiopia’s Minister of Finance, Ahmed Shide, and Mme Eléonore Caroit, French Minister Delegate for Europe and Foreign Affairs, formalized the agreements during a ceremony held in Addis Ababa.

In a major milestone, Ethiopia and France signed the first bilateral debt restructuring agreement between Ethiopia and a member of the Official Creditor Committee (OCC) under the G20 Common Framework.

The Ministry of Foreign Affairs said the agreement marks a significant step forward in Ethiopia’s external debt treatment process. (ENA)

Demonetization involves removing the legal status of a currency, impacting all economic transactions. It aims to stabilize the currency, curb inflation, or modernize economies. Historical events in India, Zimbabwe, and the U.S. illustrate its effects—both positive and chaotic—on national economies.