Category: Business
Ethiopia: The Regional Upheavals Caused by Chinese Investments
Djibouti (HAN) October 25, 2020 – Regional Investment projects and financial initiatives. Why Hydropower Dam in Ethiopia Worries the triangle countries of Eritrea, Sudan and Egypt and angered President Trump of United States of America?Rackety trucks rush across Sudan’s border with its backwater neighbor of Ethiopian tribes, stirring up clouds of dust and drowning the tweets of tropical…
Ethiopia: New currency notes will help boost economy
ADDIS ABABA (HAN) September 20. 2020. Public Diplomacy and Regional Stability Initiatives News. Monitoring Regional Issues. The demonetization of the old Ethiopian Birr notes this week will play a crucial role to boost the economy by stabilizing the macroeconomy and controlling illegal money transactions, experts said. In an exclusive interview with ENA, the economist Dr.…
Ethiopia: Govt Strategic Plan to Boost Freight Service Focuses On Rail Way
ADDIS ABABA (HAN) September 19. 2020. Public Diplomacy and Regional Stability Initiatives News. Monitoring Regional Issues. Ministry of Transport and Ethio-Djibouti Rail Way S.C have endorsed a strategic plans aiming at freight service development. The Rail Way also has transported huge amount of cargo and comes with growing capacity of freight service, it was indicated.…
Uganda: Race ahead to forge a single stock market
Three East African countries have joined forces to implement a World Bank-funded financial project that aims to connect regional stock markets electronically. This means they can operate as a single market with a view of reducing the cost and time of trading in shares of companies listed on markets across the borders. Uganda, Rwanda and…
Somalia: Consumer Price Index (CPI) August 2020
Consumer Price Index (CPI) August 2020 The monthly change, August 2020 compared to July 2020, was a decrease of -0.86 percent. This is compared to a monthly decrease of -0.75 percent in the previous month of July 2020. The most significant monthly price increases were Housing, Water, Electricity & Gas (+5.71%), and Miscellaneous Goods &…
Eritrea: Governments Is Ready to Expand Wind Energy Plants
ASMARA (HAN) September 16. 2020. Public Diplomacy and Regional Stability Initiatives News. Monitoring Regional Issues. Since its independence, one of the major challenges Eritrea has been facing is the provision of sustainable energy in the country for industrial, agricultural as well as household consumption and making it equally accessible to the entire population. Currently, Eritrea’s…
NEW DJIBOUTI SOVEREIGN FUND:$1.5 BILLION “VISION 2035”
DJIBOUTI (HAN) September 15. 2020. Public Diplomacy and Regional Stability Initiatives News. Monitoring Regional Issues. The activities of the Djibouti Sovereign Fund (Fonds Souverain de Djibouti – FSD) were officially launched on Monday, September 14 at the presidential palace in the capital. Following the implementation decrees promulgated on June 24, 2020, a special inter-ministerial committee…
French oil firm displaced 12,000 in Uganda, Tanzania
Two research reports on oil released Thursday highlight major risks of oil projects by French energy company Total in Uganda and Tanzania. Oil from Uganda is to be pumped through pipelines to Tanzania’s Port of Dar es Salaam. But many residents on land through which the pipes are planned to pass have been affected. At…
KENYA ALCOHOL BAN TO COST BILLIONS
Alcohol manufacturers and distributors have warned that the alcohol ban placed by the government to control the spread of coronavirus (COVID-19), will cost workers, sorghum farmers, and the government billions of shillings and thousands of jobs in three months to September. The ban which began in July has created a massive disruption of the alcohol value chain with the…
Somalia: Foreign trawlers, illegal fishing, $300m in revenue LOST
After sharks are captured off the coast of Somalia, their meat is salted, sun-dried and transported overland to Kismayo for export to Mombasa, Kenya, the main market in East Africa. Shark fins, on the other hand, are flown to Hong Kong and Singapore, where they are regarded as a delicacy while liver oil from the…
