New Djibouti sea route to reduce shipping time between Turkey, Horn of Africa from 50 days to 10
The first container ship of the Djibouti Shipping Company, which will exclusively operate between Turkey, Djibouti and Somalia, was launched…
Horn faces its worst locust invasion in 25 years
East Africa is on the verge of another locust invasion, the worst in 25 years, says the United Nations’ Food…
Ethiopia – Eritrea Planning Economic Union
Needless to say, the rapid thawing of relations between Ethiopia and Eritrea in the last couple of years has triggered…
Djibouti is Maximizing its Strategic Position in Maritime Trade
One of the stark distinctions between Djibouti and other African nations is its characteristic barrenness. Its natural resources are limited,…
Ethiopia suspends privatization of Ethiopian Airlines
Ethiopia has suspended plans to privatize the country’s national carrier, the country’s finance minister told a press conference on Tuesday…
Ethiopia opens up sectors to diaspora
Members of the Ethiopian diaspora, the largest outside of Ethiopia, cheer as they respond to remarks by Ethiopia’s Prime Minister…
World First Covid-Era, Contactless Terminal Opened at Ethiopian Airport
From government bailouts to layoffs, commercial airlines have taken drastic measures to stay afloat since Covid-19. Not Ethiopian – now…
Suspected arms dealers moved millions in Somali money transfers
Somali money transfer companies moved more than $3.7 million in cash between suspected weapons traffickers in recent years, including to…
Ethiopian government unveils new currency notes
Ethiopians have a three-month window within which they will be able to exchange old currency notes for new ones from…
Investigation: East African migrants ‘left to die’ in Saudi Arabia’s hellish Covid detention centres
‘The guards just throw the bodies out back as if it was trash,’
Juba Express and WorldRemit launch international payments to Somalia
The money transfer service will empower Somalis at home and abroad. 3 September 2020: London: Juba Express, one of the fastest…
The Next Steps for the Ethiopian Dam
Prime Minister Abiy Ahmed (PhD) vows to proceed with the second impoundment of the reservoir behind the Grand Ethiopian Renaissance…
Ethiopia warns Egypt: This is a red line for us
Proposed Egyptian military base in self-declared breakaway territory Somaliland causes regional tension. ADDIS ABABA, Ethiopia—Ethiopia said Friday the relations Egypt…
Hajj Wreaks Havoc on Somalia’s Camel Exports
The coronavirus pandemic has wreaked havoc on trade and supply chains around the world. Not even the niche market in…
Ethiopia Plans New Key Rate, Floating Currency to Boost Economy
Ethiopia plans to start setting a central bank benchmark interest rate and to introduce a floating exchange rate, according to…
