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
By Evan Ramstad Basim Sabri walks around Karmel Plaza, his mall in south Minneapolis where hundreds of Somali-Minnesotans run shops or restaurants. He’s solicitous and deferential to the older women, some in their 90s, who own shops. He jokes around … Continued
Dr. Abdurahman Baadiyow Somalia is aspiring to become a permanent member of the East African Community (EAC), which is the regional intergovernmental organization that includes Kenya, Uganda, Tanzania, Rwanda, Burundi, South Sudan, and the Democratic Republic of the Congo. EAC … Continued
Ethiopia will continue building its Grand Ethiopian Renaissance Dam on the Nile river, its Foreign Ministry said on Thursday, despite continuing protest from Egypt. The comments appeared to respond to Egypt’s Foreign Minister Sameh Shoukry on Wednesday calling on Arab nations to step in … Continued
Addis Abeba – The Addis Abeba Transport Bureau, under the Addis Abeba City Administration, banned the three and four-wheel rickshaws (commonly called Bajaj) from movements indefinitely endeavoring to oversee and regulate the transport services they provide. The municipal authorities said the bureau is … Continued
