By Abdighani Hirad Summary Is Somalia ready to join the East African Community (EAC)? Would Somalia’s political, economic, and social fragility put it in a weak position and negate any benefits derived from the EAC? Given inadequate labor export capacity … Continued
Uganda’s constitutional court on Friday repealed the country’s Narcotic Drugs and Psychotropic Substances (Control) Act, 2015 which, among other things, prohibited the sale and use of several narcotic drugs in the country. This follows a 2017 petition to the court … Continued
Ethiopian Airlines Group, the largest aviation group in Africa, holds a grand opening of the largest hotel on the African continent as it inaugurates the second phase of the Ethiopian Skylight Hotel. Ethiopian Airlines opened the first phase of the … Continued
A crucial component of a nation’s development is economic growth, which is determined by how much more commodities and services are produced over time. Economic growth is a sign of a nation’s general well-being and wealth. Several countries have seen … Continued
Addis Abeba– World Bank Group President David Malpass met with Ahmed Shide, Minister of Finance of Ethiopia. In his conversation with Minister Shide, President Malpass discussed the progress achieved by Ethiopian authorities in the implementation of the November 2022 peace … Continued
The world economy is expected to grow less than 3 percent this year, down from 3.4 percent last year, increasing the risk of hunger and poverty globally, the head of the International Monetary Fund (IMF) has said. Kristalina Georgieva said … Continued
The National Communications Authority (NCA) has announced that six Somali mobile operators have completed the interconnection of their networks to allow end users to call each other seamlessly across different telecoms networks. The regulator said the move will promote competition, … Continued
Faqrati Tamru, the vice-chair of the Renaissance Dam Coordinating Council, added that Ethiopia still faced diplomatic pressure from Egypt over how the dam might affect Nile water levels downstream. Shortly before the announcement, Hani Sewilam, Egypt’s water minister, said the project could … Continued
Ethiopia and Djibouti reached an agreement (23 March 2023) on the completion of a road that links the two countries. The 35 kilometer road between Galamo and Moloud will enable the smooth circulation of vehicles and cargo, enhancing transportation between … Continued
Somalia will be eligible for full debt relief from the International Monetary Fund (IMF) and other multilateral lenders by the end of this year as reforms to boost revenue collection and fiscal transparency begin to bear fruit, the lender has … Continued
Leaders from Kenya Kwanza government have urged opposition leader Raila Odinga to call off weekly demonstrations, saying if not stopped they will hurt the tourism sector. Led by Tourism CS Peninah Malonzo, Narok Governor Patrick ole Ntutu and three MPs, … Continued
M-Pesa will control all its global service operations from Kenya even as the tech giants eye expansion into more markets. This is after M-Pesa Africa launched a Shared Service Operations Centre (SSOC) in Nairobi that will oversee service operations and … Continued
