Category: Markets

  • Ethiopia: Govt Strategic Plan to Boost Freight Service Focuses On Rail Way

    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

    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

    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 &…

  • Ethiopia unveils new currency notes

    Ethiopia unveils new currency notes

    Addis Ababa (HAN) September 14. 2020. Public Diplomacy and Regional Stability Initiatives News. Monitoring Regional Issues. The Ethiopian government on Monday revealed new currency notes in an effort to curb financing of illicit activities. The announcement was made by the Ethiopian Prime Minister Abiy Ahmed on Monday as he noted that the East African country’s…

  • Kenya’s Amina Mohamed eyes top global job three years after failing to clinch AU job

    Kenya’s Amina Mohamed eyes top global job three years after failing to clinch AU job

    Kenya’s Secretary of Sports Amina Mohamed is among six candidates vying to become the next director-general of the World Trade Organisation (WTO) to replace Brazil’s Roberto Azevedo. Africa has two other contenders from Nigeria and Egypt. The new head will have to repair relations with the United States which threatened to leave the WTO. Azevedo…

  • Ethiopia: Italian Espresso Originally From Harar

    Ethiopia: Italian Espresso Originally From Harar

    Harar (HAN) December 8th, 2019. Regional Public Diplomacy and Infrastructure Investments for trade. Italians do love their coffee. According to the Italian Coffee Committee, a trade group, there are more than 800 coffee roasters in Italy, and more than 150,000 cafes that make espresso. In 2018, Italians consumed 5.9 kilos, or 13 pounds, of coffee…

  • Somalia: Qatar with NISA Have a Road Map for  Security in Mogadishu

    Somalia: Qatar with NISA Have a Road Map for Security in Mogadishu

    Nairobi (HAN) December 8th, 2019. Regional Security and Public Diplomacy initiatives. The following steps shall be taken to create an environment of trust for peace and security in Mogadishu, in order to have your national capital to be safe from the skirmishes and to have its consequences, violence, and devastation decreased, said by Qatari Security…

  • Eritrea: Hope Has Given Way to Disenchantment

    Eritrea: Hope Has Given Way to Disenchantment

    Asmara (HAN) – December 4th, 2019. key step in the two rivals in the Horn of Africa….while Economic activity is expected to be moderate in 2019, being driven by the performance of just one sector: the extractive industry. The Bisha mine; copper, zinc, gold remains the main contributor to growth in Eritrea, and its acquisition…

  • KENYA’S PLAN TO REGAIN EAST AFRICA’S PETROLEUM EXPORT MARKET

    KENYA’S PLAN TO REGAIN EAST AFRICA’S PETROLEUM EXPORT MARKET

    kenya is adopting measures to address challenges in its petroleum export industry which has led to the loss of up to 30 percent of market share to neighbouring Tanzania. Some of these issues, which has threatened Nairobi’s position as East Africa’s top petroleum exporter, are high pipeline tariffs, fuel adulteration and smuggling. Last year, Kenya…

  • The US stock Market ‘Will Get Crushed’ – Africa Impact

    The US stock Market ‘Will Get Crushed’ – Africa Impact

    New York (Yahoo Finance Clip) December 4th, 2019. Regional Financial institution and Global assets. Influential bond investor Jeffrey Gundlach, the CEO of $150 billion DoubleLine Capital, sees a scenario where U.S. stocks get crushed in the next recession — and likely won’t recover for quite some time to come. Even with Wall Street benchmarks just days…

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