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Topic: Nakfa


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In the News (Tue 29 Dec 09)

  
  Nakfa Online
During much of Eritrea's long fight for independence, Nakfa served as the headquarters of the country's resistance movement and so became one of the more popular spots for touring Ethiopian bombs and bullets.
A visit to Nakfa, which entails a fairly arduous road trip, will give you a better understanding of what took place on the country's battlefields and will also take you to the heart of the collective Eritrean self-determination.
Near Nakfa are the twin peaks of Den Den, a mountain that served as the rebels' radio transmission 'tower' during the war and which provides clear views of the surrounding area and all its battle scars.
nakfaonline.tripod.com   (827 words)

  
 Nakfa: Radiating Memory and Pride   (Site not responding. Last check: 2007-10-29)
Nakfa had to rise from its ashes like the Sphinx to heal the scars of the long years of war.
In Nakfa there are two elementary schools with a capacity of accommodating 3,000 students; one junior school which holds 700 students.
In Nakfa, the land is not suitable for large scale agricultural activities beyond small scale gardens.
www.shaebia.org /artman/publish/article_4580.html   (866 words)

  
 Eritrean nakfa - Wikipedia, the free encyclopedia
The nakfa is the currency of Eritrea, divided into 100 cents.
Note that the 1 nakfa coin carries the denomination 100 cents.
The nakfa has been pegged with the United States dollar at the above mentioned rate since January 1, 2005.
en.wikipedia.org /wiki/Eritrean_nakfa   (179 words)

  
 Nakfa - History of the Eritrean currency
Until 1997, when the Nakfa (ERN) was introduced, the legal tender in Eritrea was the Ethiopian birr.
The Eritrean Nakfa is issued in notes with denominations of 100, 50, 10, five and one Nakfa.
With the introduction of the Nakfa, Eritrea has entered a new era in its history.
home.planet.nl /~hans.mebrat/nakfa-history.htm   (801 words)

  
 The Eritrean Nakfa - Money Meanderings   (Site not responding. Last check: 2007-10-29)
Their new unit, the Nakfa, is named after the northern city of that name, the city that was their base of operations during the thirty-year war.
The Nakfa is divided into 100 cents with coins of 1, 5, 10, 25, 50, and 100 cents (not one Nakfa as most would expect).
The holographic strip on the left of all notes except one Nakfa has a string of camels that shine one after another in multi-colors as you move the note around relative to the light.
www.worksandwords.com /moneym/nakfa.htm   (1384 words)

  
 ReliefWeb » Document Preview » Nakfa, symbol of Eritrean liberation, struggles with new foes
Nakfa, symbol of Eritrean liberation, struggles with new foes
NAKFA, Eritrea, April 20 (AFP) - In the 12 years since Eritrea won independence from Ethiopia, this remote northern town has come to symbolize the struggle for freedom evolving into a veritable museum of liberation and lending its name to the national currency.
The official exchange rate is 15 Nakfa to the dollar, but on the fl market it fetches around 20 Nakfa, something Asmara is trying to crush.
www.reliefweb.int /rw/RWB.NSF/db900SID/MMQD-6BPS29?OpenDocument   (663 words)

  
 Eritrea Dokumentären - Etiopien-Eritrea del II
The accusation leveled on Eritrea by the Ethiopian government and media is that it sought to force upon Ethiopia a Nakfa convertible with the Birr on parity and that it insisted that both currencies circulate freely in both countries.
It was, rather, to put it in layman's terms, giving traders in either country the opportunity to agree on the use of the currency of their choice for settlement and to do so through the intermediary of banks in both countries.
Holders of that currency were harassed at all Ethiopian points of entry, the Nakfa was confiscated and sometimes torn or burned and the atmosphere of the complete break-down of trade created by Ethiopian authorities.
hem.passagen.se /callerasmussen/page8/page10/page10.html   (1774 words)

  
 Newest nation determined to thrive (1/4/98, The N&O)
The currency's name comes from the mountain town that was the heart of Eritrea's 30-year war for independence from neighboring Ethiopia; Nakfa is a one-word homage to the 60,000 Eritrean fighters who died along with 90,000 noncombatants before the Ethiopians were driven out in 1991.
The Nakfa notes are prominent reminders of the government's commitment to equality and empowerment for women.
This resourcefulness is celebrated on the 10 Nakfa note in an unlikely symbol of national pride: a funny little train pulled down the tracks not by a sleek locomotive but by a captured Oral truck, rebuilt for rail duty.
www.trainweb.org /eritrean/scrapbook/who/newspaper&magazine/qq01.html   (1284 words)

  
 ReliefWeb » Document Preview » Eritrea: 14 million Nakfa water projects underway in Shieb sub-zone
Sheib, 14 May 2006 - 14 million Nakfa water projects are underway in the Sheib sub-zone for guaranteeing the continuous potable and hygienic water supply in the administrative district.
The water project includes the digging of two large wells, construction of a reservoir with the potentials of holding over 500 meter cubes of water and 16 water distribution centers and insertion of 20 km long water pipes.
The construction of this project will alleviate the over 3,000 inhabitants of the district that were previously under serious water shortages, according to further reports.
www.reliefweb.int /rw/RWB.NSF/db900SID/VBOL-6PUGWJ?OpenDocument   (209 words)

  
 Nakfa - Eritrean currency
The national currency of Eritrea is the Nakfa.
It was introduced in 1998 and has been named after the town of Nacfa, the town in the Sahel mountains that served as the headquarters of the EPLF during Eritrea's armed struggle against Ethiopian occupation, and so both Nakfa's became a symbol of Eritrea's hard-fought-for independence.
The Eritrean Nakfa is issued in notes with denominations of 100, 50, 10, 5 and 1 Nakfa.
home.planet.nl /~hans.mebrat/eritrea-nakfa.htm   (512 words)

  
 Ethiopia The Eritreans - Flags, Maps, Economy, History, Climate, Natural Resources, Current Issues, International ...
Despite repeated attempts, the Ethiopian army was unable to dislodge the EPLF from Nakfa.
By the summer of 1986, the government offensive had ended; Nakfa, however, was still in rebel hands, and the EPLF had extended its area of control southward along the Eritrean coast.
On October 10, 1985, the Derg launched another anti-EPLF offensive, whose objective was the capture of Nakfa "within five days." The operation involved sixty aircraft and thirty helicopter gunships.
www.photius.com /countries/ethiopia/national_security/ethiopia_national_security_the_eritreans.html   (2160 words)

  
 Eritrean guerrilla redoubt remembers bitter war against Ethiopia
Eritreans on Sunday remembered the estimated 84,000 people killed in the independence war against Ethiopia, but nowhere more vividly than in Nakfa, which was the heart of the 30-year struggle.
Ethiopian troops never managed to penetrate the defenses of Nakfa, after which the Eritrean currency is named.
With a median age of only 17 1/2, the majority of the population has been born since the independence war, but the memory of the conflict is kept alive in families here.
www.spacewar.com /2004/040620122349.qla46b13.html   (613 words)

  
 Elgin Coin Club Newsletter
Their new unit, the Nakfa, is named after the northern city of that name that was their base of operations during the 30- year war.
The Nakfa is divided into 100 cents with coins of 1, 5, 10, 25, and 50 cents and one Nakfa (more on them later).
1 Nakfa-- Several children study in an outside classroom setting reminiscent of the war years when schools were very much mobile for security.
www.worksandwords.com /coins/ecc/ecc9803.htm   (2529 words)

  
 International Strategy for Disaster Reduction - Eritrea   (Site not responding. Last check: 2007-10-29)
In Nakfa and Ghe'laol sub zones the problem of drinkable water is becoming worse by the day.
The lack of water is expected to hamper wet feeding programmes in the area and in Nakfa sub zone communities are suffering a shortage of potable water.
In Afabet and Nakfa sub zones pastoralists have started to collect a wild fruit called "Gaba" for both livestock fodder and human consumption.
www.unisdrafrica.org /Eritrea.htm   (248 words)

  
 The Reformed Ecumenical Council: June 03.9   (Site not responding. Last check: 2007-10-29)
This followed arrests of 56 others in the two northern towns of Nakfa and Afabet on April 29.
Nakfa and Afabet are known as disputed towns in the conflict with Ethiopia.
Military police took worshipers there on the pretext of “conscription for military service.” Fellow church members, however, said most of the 16 women and 30 men had already completed military service.
community.gospelcom.net /Brix?pageID=4624   (273 words)

  
 Calculator for Eritrean Nakfa (ERN) Currency Exchange Rate Conversion
Enter the amount to be converted in the box to the left of the currency and press the "convert" button.
The Eritrean Nakfa is the currency in Eritrea (ER, ERI).
The Eritrean Nakfa is divided into 100 cents.
coinmill.com /ERN_calculator.html   (311 words)

  
 Eritrea - ICRC activities - April to August 2002   (Site not responding. Last check: 2007-10-29)
It was the Eritrean President Isaias Afewerki who told ICRC President Jakob Kellenberger in Asmara on 20 August that he would order the release and repatriation of the POWs immediately, unilaterally and without any conditions.
One day after the announcement, the ICRC in Asmara sent its field delegates and translators to Nakfa deten-tion camp, where private interviews were held with each of the remaining POWs in order to ascertain their willingness to return to their country of origin, Ethiopia.
On 27 August, the authorities transferred the 279 POWs willing to be repatriated from Nakfa detention center to a school in the town of Embaderho near Asmara and provided them with new clothes and medical checks.
www.icrc.org /Web/eng/siteeng0.nsf/htmlall/5F6FMK?OpenDocument&View=defaultBody&style=custo_print   (342 words)

  
 nakfa
From the very outset Nakfa was faced with a reluctance of Ethiopian authorities.
For Ethiopia, the introduction of Nakfa has posed a threat of Eritrean currency being used as a legal tender in Ethiopia, side by side with Ethiopian Birr.
Homepage I Causes of War I Territorial I Economic I Nakfa
www.mtholyoke.edu /~ajkacper/nakfa.html   (271 words)

  
 DISTRIBUTION OF SHARE CERTIFICATES AND INFORMATION ON DIVIDEND PAYMENTS
The capital as at 31/12/03 was Nakfa 22,475,823 but by transferring the various reserves to the capital account, the capital of the Company as at 31/12/04 became Nakfa 52,338,270.
Hence the shares at Nakfa 10 par value resulted in 2,247,582 and 5,233,827 shares respectively.
Shareholders with a Nakfa bank account in Eritrea may fill the attached “Dividend Payment Order” and send it by fax, post or hand-delivered to NICE, in order to transfer their dividends to their respective bank accounts (You may alternatively download it from our website).
www.nice-eritrea.com /links/dividend.html   (437 words)

  
 Becoming a member - Library and information services - British Council - Eritrea   (Site not responding. Last check: 2007-10-29)
Membership can be obtained by submitting a registration form (available from the library) and an annual fee of 100 Nakfa for regular membership and 50Nakfa for ELT membership.
You will be allowed to borrow up to four items at any one time: three books for a period of two weeks and one audio visual item for one week.
Membership fee per annum is only 1200 Nakfa if the staff members of the institution are above 15  and 600 Nakfa if the staff members are below 15 in Asmara and 300 Nakfa outside Asmara if the staff members are above 15 and 300 Nakfa if they are below 15.
www.britishcouncil.org /gr/eritrea-lis-becoming-member.htm   (521 words)

  
 Nakfa/birr/LC analysis
Nakfa is a non negotiable currency throughout Ethiopia.
Nakfa and the termination of the Birr as legal tenders in Eritrea did not go beyond an agreement on the use hard currency for
Finally we can not talk about the Nakfa without taking note of the flawless manner it was introduced just a few months ago.
www.denden.com /Conflict/newscom/com-tek98.htm   (11168 words)

  
 Transhorn Money Transfer
If you want your family to receive the money in Nakfa, then we will use a preferential exchange rate that is only valid for Eritreans.
This exchange rate currently is 15 Nakfa to one dollar.
To send money in Nakfa there is no charge.
www.ertra.com /tmt/faq_eritrea.htm   (636 words)

  
 Eritrea — Brian's Page
Ten Nakfa are exchanged and I pop the cap.
Todd responds quite confidently, “I guess it is about 150 Nakfa for a goat, 1200 for a full grown camel.” However tempting it is, we end up not buying any livestock this time.
For a mere two Nakfa per gram, you may buy some of Eritrea's fine jewelry—a steal, if you ask me. My eyes catch a most beautiful orthodox Coptic cross and I begin the negotiations trying not to display my excitement.
www.heybrian.com /travels/eritrea/index.shtml   (8295 words)

  
 USAID/Eritrea: BANA Volume I, Issue 2   (Site not responding. Last check: 2007-10-29)
The advantages of participating in the program are evident to farmers and other rural businesspeople, as the demand for loans under it has in recent times far outstripped the funding available for those loans.
As of December 2004, 271 enterprises had borrowed a total of the nakfa equivalent of $4.63 million.
The business sold 1.5 million nakfa worth of bakery goods in the first year since it borrowed the money; it now employs eight staff, compared to none before taking out the loan.
www.usaid.gov /er/newsletter/bana2.htm   (1012 words)

  
 EritreanTshirts.com Storefront   (Site not responding. Last check: 2007-10-29)
Introduced in 1998 the Nakfa was named after Nacfa, a town in the Sahel Mountains that served as headquarters for the thirty-year armed struggle for independence.
Nakcfa (the town) and Nakfa (the bill) have both become symbols of Eritrea's hard fought for Independence.
he Nakfa is beautifully depicted on a solid fl heavyweight cotton Tee.
www.eritreantshirts.com   (282 words)

  
 EPDJ and the 50,000.00 Nakfa Penality
Taking into consideration the present overall deteriorating economic situation of the country, and the difficulties individual families are encountering in their daily life, on what basis can a normally functioning government impose such punishing measures that demoralises and humiliates its people.
Most of these people are from those who live in diaspora with a secured life, except those in the Middle East mostly in Saudi Arabia who are sandwiched and hard pressed between their daily life and the money monger EPDJ.
Shamelessly the justification they try to sell is that, as per their words, for the sake of Eritrean unity and independence and to preserve the good name of all martyrs.
www.awate.com /artman/publish/article_4376.shtml   (1594 words)

  
 Eritrea Papers 2001
Wood consumption was estimated at 1.8 to 2.1 million tonnes/year [Lahmeyer, 1997] in 1996 with consumption growth expected to approximately follow population growth of 3% per year.
Even if we value the biomass used at only 100 Nakfa per tonne, the value of the biomass sector consumption is about 200 Nakfa per year, even though most of this represents non-monetary economic transactions.
In summary the energy sector in Eritrea represents approximately 800 to 900 Nakfa per year of economic activity, and it probably growing at 5% to 7% per year with both population and increasing standards of living.
www.punchdown.org /rvb/papers/EriPaper2C.html   (5181 words)

  
 Asmara Eritrea 08-06-2001
Two days ago they charged me eight Nakfa ($0,80).
It is not the seven Nakfa's itself that is bothering me, but the mere fact that I feel
One of them tells me 10 Nakfa is not enough.
www.asmera.nl /eritrea2001/eritrea0806.htm   (780 words)

  
 Asmara Eritrea - Public transport
The fare is one Nakfa (1.50 Nakfa for the mini buses).
The fare for a shared cab is 10 Nakfa ($ 0.67) within the city of Asmara (following the route of the bus).
Taxi fares are higher in the evening (70 Nakfa) and you pay extra for any luggage carried (transfer from airport to your hotel may cost up to 200 Nakfa).
www.asmera.nl /asmara-busses.htm   (632 words)

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