November 3, 2022
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0:21Now PlayingEthiopia’s government and leaders of the dissident Tigray region agreed to renew a cease-fire in a civil war that has claimed thousands of lives, raising hopes that an end to the two-year conflict may be in sight. The nation’s eurobonds rallied.
Representatives of the Ethiopian government and the Tigray People’s Liberation Front signed the accord in the South African capital, Pretoria, where peace talks began on Oct. 25.
“The two parties in the Ethiopian conflict have formally agreed to the cessation of hostilities,” former Nigerian President Olusegun Obasanjo, the African Union’s chief representative for the Horn of Africa region, said at a briefing Thursday. “This moment is not the end of this process, but the beginning of it. Implementation of the peace agreement signed today is critical to the success of the process.”
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