The Daily Horn News and Beyond
East Africa’s Voice – From the Horn to the Heart of the Continent
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…
ADDIS ABABA – On June 2, inside the iconic Nelson Mandela Hall at the African Union headquarters in Addis Ababa, Ethiopia, one of the world’s most influential philanthropists made a…
In a move that could reshape East Africa’s financial future, Kenya Commercial Bank (KCB) Group Limited is poised to become the first foreign bank to enter Ethiopia in half a…
ADDIS ABABA – Ethiopia expects its economy to accelerate in the upcoming fiscal year, projecting real GDP growth of 8.9%, up from the current estimate of 8.4%, according to Finance…
A Nation on the Brink of a Historic Celebration In a monumental stride toward energy independence and regional leadership, Ethiopia’s Grand Ethiopian Renaissance Dam (GERD) is now 98.66 percent complete.…
Posted: May 24, 2025 PARIS – In a high-level bilateral meeting at the Élysée Palace, Ethiopia and France took decisive steps toward strengthening their economic and political partnership, signaling renewed…
Ethiopia is powering up for a digital future — but not everyone is convinced it’s heading in the right direction. As Bitcoin’s global value surges and mining activity rebounds after…
Published: May 14, 2025 Ethiopia is set to receive a substantial influx of foreign investment as five Chinese companies prepare to invest a total of $1.75 billion across the country’s…
How Kenya’s telecom titan is betting big on Ethiopia’s future—despite a currency crash and massive red ink. Imagine spending billions to enter a new market—only to watch the local currency…
Posted: May 9, 2025 In a move that underscores the growing interdependence of East African nations, Kenya has officially begun formal negotiations to increase its electricity imports from neighboring Ethiopia.…
📍 Mogadishu | May 7, 2025 In what may become a defining moment for Somalia’s economic trajectory—and a potential game-changer for the entire Horn of Africa—Turkey has reportedly discovered 20…
Could this be Africa’s Dubai moment? Ethiopia’s new mega-airport project is set to transform not just Addis Ababa—but the entire continent. For years, Africa’s top airline soared above the clouds—while…
Is this the economic turning point Ethiopia has been waiting for? In a move that’s already sending shockwaves through the Horn of Africa and beyond, Ethiopia is on the brink…
In a development that could reshape the economic trajectory of the entire Horn of Africa, Ethiopia is on the brink of securing a critical $3.4 billion agreement with the International…
In a stunning economic shakeup, the International Monetary Fund (IMF) has forecasted that Kenya will officially surpass Ethiopia in 2025 to become East Africa’s largest economy. With a projected GDP…