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.
Ethiopia generated $1.4 billion USD from tourism revenue in the second half of 2018, state-affiliated broadcaster FBC reported on Wednesday.
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.
South Sudan’s oil minister says the country will return to pre-war oil production levels by mid-2020.
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
Eritrea and Somalia have been named among the countries with the least powerful passports in the world.
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
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.
Ethiopia’s space agency has announced plans to launch its first satellite during 2019, with financial and logistical help from Beijing.
Tanzania President John Magufuli has threatened to deploy the army amid a dispute between farmers and traders over the price of cashew nuts.