Tag Archives: Economy

10 April 19

Tanzania: IMF cuts 2019 economic growth forecast to 4 percent

The International Monetary Fund (IMF) has cut its forecast for Tanzania’s economic growth for this year and 2020 to four percent, down from previous expectations.

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23 February 19

Ethiopia earned $1.4 billion from tourism in second half of 2018

Ethiopia generated $1.4 billion USD from tourism revenue in the second half of 2018, state-affiliated broadcaster FBC reported on Wednesday.

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18 February 19

Ethiopia, Djibouti sign gas pipeline deal

Ethiopia and Djibouti have agreed to build a pipeline that will carry gas from land-locked Ethiopia to an export terminal in its neighbouring coastal port nation, Djibouti.

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11 February 19

South Sudan to reach pre-war oil production levels by mid-2020

South Sudan’s oil minister says the country will return to pre-war oil production levels by mid-2020.

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20 January 19

What would a Chinese economic slowdown mean for Africa?

China’s extensive investment in Africa has drawn a lot of attention in the Western media over the past couple of decades. The Asian powerhouse has established itself as the single largest investor in Africa, promising to invest $175 billion across
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14 January 19

Eritrea and Somalia among the world’s least powerful passports

Eritrea and Somalia have been named among the countries with the least powerful passports in the world.

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21 December 18

Year in Review: The key things that happen in Eat Africa 2018

A lot can happen in East Africa over a 12-month period and every year there are landmark events that promise to shape the future of the region. Change comes quickly in this part of the world – both good and
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19 December 18

Uganda set to sell $103m debt to fund defence ministry

Uganda’s Ministry of Finance has announced the country plans to sell $103 million (380 billion shillings) of debt to help fund the Ministry of Defense.

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27 November 18

Ethiopia set to launch its first satellite in 2019 – with help from China

Ethiopia’s space agency has announced plans to launch its first satellite during 2019, with financial and logistical help from Beijing.

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12 November 18

Tanzania: President threatens to deploy army in cashew nut crisis

Tanzania President John Magufuli has threatened to deploy the army amid a dispute between farmers and traders over the price of cashew nuts.

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