Monday, October 7, 2024
17.8 C
Nairobi

Horn of Africa

Somalia and Ethiopia set to resume port deal talks

In a bid to mend strained relations and pave the way for a mutually beneficial agreement, Somalia and Ethiopia...

Ethiopian Airlines inks deal for Africa’s biggest Airport

Ethiopian Airlines, the pride of Africa's aviation industry, has successfully secured a deal to construct a new four-runway airport...

World Bank pledges $1.5 billion to boost Ethiopia’s conomy

In a landmark move, the World Bank has pledged a substantial $1.5 billion in financing to support Ethiopia's economy,...

Ethiopia secures $3.4 billion financing from IMF

Ethiopia has taken a significant step towards stabilizing its economy with the approval of a $3.4 billion financing agreement...

Ethiopia’s birr plunges 30% as Central Bank devalues currency

Ethiopia is facing a significant monetary shift as its central bank devalued its currency, the birr, by a whopping...

Ethiopian Airlines soars to record $7 billion revenue amid 14% growth

Ethiopian Airlines, the pride of Africa's aviation industry, has once again proven its resilience and capability as it reached...

Ethiopia moves to stabilize economy with market-based FX system

Ethiopia, a country known for its rich cultural heritage and stunning landscapes, is making headlines as it takes a...

Ethiopia and South Sudan to construct $738 million highway

Ethiopia and South Sudan have taken a significant step towards strengthening their economic ties and enhancing connectivity with the...

Ethiopia and allies accused of targeting Tigrayans

In a damning report released by the New Lines Institute, Ethiopian forces, along with their allies, have been accused...

How Eritrea outsmarted a massive cyberattack

The Eritrean government has hinted that the orchestrators of the attack are known to them and their identity will be revealed in due course.

AfDB provides $42.86 million grant to boost Ethiopian SMEs

This initiative is aimed at boosting the growth and productivity of over 8,000 micro, small, and medium-sized businesses run by young people and women

How Boeing’s new African headquarters will boost Ethiopia economy

This move not only solidifies Ethiopia's position as a key player in the African aviation industry but also opens up opportunities for job creation