Strike in Boeing Impacts Ethiopian Airlines
(3 Minutes Read)
Ethiopian Airlines has faced a challenging year with geopolitical conflicts in Israel, the Middle East, and Sudan affecting operations. Despite these difficulties...
National Bank of Ethiopia Set to Reorganize to Face Liberalization Challenges
(3 Minutes Read)
A Financial Stability Committee will be established to assess risks to the financial system and propose macro and micro-prudential policies. The Board...
Benishangul Gumuz, Ethiopia Registers Record Production of Gold
(3 Minutes Read)
The Benishangul Gumuz Regional State of Ethiopia has achieved a milestone in gold production, depositing 548 kilograms of gold into the National...
Thousands Displaced as Violence Escalates in Sudan’s Al-Jazirah State
(2 Minutes Read)
Efforts to mediate peace have so far failed. This week, a United Nations Security Council resolution aimed at protecting civilians and halting...
Elon Musk’s Starlink Faces Predatory Pricing Claim in Kenya
(2 Minute Read)
The number of Kenyans using satellite internet has surged since Starlink entered the Kenyan market in July last year. Coming of Starlink...
Australia Invests USD 3.6 bn in Tanzanian Mining Industry
(3 Minutes Read)
According to Austrade’s 2024 research, 12 Australian companies have committed over USD 26 million towards exploration activities in Tanzania, showcasing Australia’s confidence...
Tanzania Sends First Consignment of Avocados to China
(3 Minutes Read)
The maiden shipment, containing 24 metric tonnes of the Hass avocado variety, worth USD 18,500, was shipped by sea on October 28,...
Uganda Kicks Off Annual Job Fair to Boost Employment in ICT Sector
(2 Minutes Read)
The Ugandan government and Chinese technology firm Huawei launched a two-day job fair aimed at promoting youth employment in the information, communication...
Uganda: USD 5bn EACOP Pipeline Construction Set to Generate 3,000 Jobs
(2 Minutes Read)
The construction of the 1,443-kilometre East African Crude Oil Pipeline (EACOP), is expected to provide a substantial number of jobs and is estimated...
Kenya’s I&M Group Shows Better Bottomline
(2 Minutes Read)
The latest results, released on November 19, 2024, highlight a substantial 20% growth in operating revenue, alongside an operating profit surge of...
