The Daily Horn News and Beyond
East Africa’s Voice – From the Horn to the Heart of the Continent
Potential investors from the United States, China, South Africa and Singapore have expressed interest as the national carrier considers a major ownership and debt restructuring. NAIROBI, Kenya — Kenya Airways…
Ethiopia’s Inflation Rises to 15.3% as Sugar and Coffee Prices Surge ADDIS ABABA — Ethiopia’s annual inflation rate rose to 15.3% in July 2026, up from 13.9% in June, as…
For more than a decade, Egypt treated Ethiopia’s Grand Ethiopian Renaissance Dam as a project that could still somehow be stopped, constrained or placed under rules acceptable to Cairo. Diplomatic…
A New Chapter for Ethiopia’s Financial Future For decades, Ethiopia remained one of the world’s largest economies without a functioning stock market. Businesses depended heavily on bank loans and retained…
The International Monetary Fund (IMF) has reaffirmed its commitment to helping African economies cope with the economic impact of the ongoing conflict in the Middle East, warning that the effects…
For decades, African leaders have spoken about industrialization as if it were a distant dream. Summit after summit has produced ambitious declarations about economic transformation, food security, energy independence and…
Ethiopia’s annual inflation rate dropped to 9.7 percent in February 2026, down from 15 percent recorded during the same period last year, according to newly released official data. The figures…
Addis Ababa / Nairobi – October 10, 2025Ethiopia has formally commenced trading with Kenya under the African Continental Free Trade Area (AfCFTA), marking a major milestone in the Horn of…
After 25 years of fostering trade between the United States and Africa, the African Growth and Opportunity Act (AGOA) officially expired on Tuesday, leaving many to wonder what the future…
September 6, 2025 Kenya has announced plans to restructure its multibillion-dollar debt to China by switching repayments from US dollars to Chinese yuan. The move, described by analysts as a…
For decades, we Africans have been told to look at our airlines as symbols of national pride. Ethiopian Airlines. Kenya Airways. RwandAir. They are paraded as “African pride,” proof that…
Economy 📍 Nairobi, Horn Daily | August 13, 2025 Kenya is seeking a new funded program with the International Monetary Fund (IMF) as the country faces growing fiscal pressures, Central…
Ethiopia is about to make its biggest trade move in decades. In just a month, it will officially start trading under the African Continental Free Trade Area (AfCFTA), throwing its…
At a high-stakes meeting of Horn of Africa finance ministers in Nairobi, one country stole the spotlight. Not Kenya. Not Djibouti. It was Ethiopia. With 19 million citizens already enrolled…
Addis Ababa’s latest tax shake-up hits the biggest earners first, and hard Ethiopia is flipping its tax playbook. The government has unveiled a sweeping draft income tax reform that could…