Ethiopia devalues Birr to cope with foreign currency crunch
The National Bank of Ethiopia (NBE) on Tuesday announced a devaluation of the country’s currency, the birr by 15% in a bid to cope with […]
Ethiopia
Ethiopia: two jailed-Eritrean journalists freed after 11 years
Two Eritrean journalists jailed for over a decade in Ethiopia have been released, according to family members. Tesfaldet Kidane and Saleh Gama, who were arrested […]
Senegal: National revenue records a surplus of 560 billion CFA
Senegal’s economy has recorded a revenue surplus of over 560 billion CFA, data from the West African nation’s office of economic planning, policies and finance […]
Ethiopia: parliament lifts state of emergency
Ethiopia’s parliament on Friday voted to lift the state of emergency imposed last October to help check anti-government protests, BBC reports. Ethiopia declared a state […]
Ethiopia eyes $30 billion dollars from textile by 2030
The Ethiopian government plans to use 80% of the total area of land suitable for cotton growing as the country projects to generate $30 billion […]
The Ethiopia-Djibouti railway line to start commercial operations in October
Chinese-built electric rail line built in Ethiopia will start commercial operations in October this year, it was officially announced. The 756-km stretch linking Addis Ababa […]
Fertilizer industry: Zambia seeks to attract Moroccan investors
Zambia, which remains a net importer of fertilizers, has called on Moroccan operators to invest in the fertilizer industry, to help curb the high cost […]
South Sudan: UN concerned about civilians fleeing clashes in Upper Nile
The UN has expressed concern about what is already the world’s fastest growing refugee crisis, as thousands of South Sudanese civilians are fleeing to neighboring […]
Ethiopia: Call for probe on protests crackdown
Thirty-eight Members of the European Parliament (MEPs) on Monday, called on the European Union to take action on the protest crackdown reported in three states […]
AU secures $150 mln to boost Africa’s geothermal energy
The African Union has mobilized about $150 million in geothermal energy development in East Africa, Chinese News Agency Xinhua reported. According to Rashid Ali Abdallah, […]