Tag Archives: Economy

26 April 17

Ethiopia, Rwanda step up cooperation efforts

Ethiopia and Rwanda have set out a number of additional cooperation agreements at a meeting in Kigali on Tuesday.

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30 September 16

African Nations Urged to Invest in ‘Blue Economy’

African nations should invest more into the blue economy – which includes fisheries, marine biotechnology, aquaculture, tourism and transport – according to African ministers.

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18 July 16

Ethiopia: Tourism Hits Record High in 2015

Ethiopia’s tourism industry is booming after revenue jumped 20.7 percent to a record $3.5 billion in 2015. 

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01 June 16

World Bank Warns Tanzania Against Relying on Chinese Investment

The World Bank has warned Tanzania against becoming over-reliant on Chinese investment as the country seeks to continue its economic growth.

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23 May 16

Sudan Plans New Measures to Curb Rising Dollar Prices

Sudan’s government on Saturday said it plans to announce new measures over the coming weeks to curb the rising cost of US dollar prices on the black market.

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23 May 16

Oil Rebound Puts Pressure on East African Economies

Crude oil’s continued rebound is putting pressure on East African countries as prices and inflation rates fluctuate across the region.

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18 May 16

Ethiopian Airlines to Expand Operations in India

Ethiopian Airlines is continuing its overseas expansion amid plans to extend operations in India.

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09 May 16

Tanzania Announces Plans For Uganda Gas Pipeline

Tanzania announced plans on Wednesday to build a pipeline to supply neighbouring country Uganda with natural gas.

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06 May 16

Kenya: Farmers Ditch Coffee For Macadamias

Farmers in the Kenyan counties of Nyeri and Murang’a are increasingly turning to macadamia nuts due to poor profits from the coffee market.

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12 April 16

Senators Call For CBK Governor Questioning Over Collapsed Banks

Senators in Kenya have called on the Director of Criminal Investigations to question Central Bank of Kenya (CBK) governor Patrick Njoroge and senior officials following the collapse of Chase Bank.

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