Ethiopia-IMF currency compromise is key to limiting inflation, economist says
The Africa Report » Ethiopia
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1y ago
Ethiopian security forces said Sunday they had arrested 47 suspects after the killing of a leading member of Prime Minister Abiy Ahmed's ruling party, accusing them of having plotted to overthrow the authorities ..read more
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Ethiopian fintech eQub seeks banking partners for African expansion
The Africa Report » Ethiopia
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1y ago
Ethiopia’s eQub, which provides digital versions of traditional collective savings mechanisms, is looking for banking partners to expand into the rest of Africa, CEO Alexander Hizikias tells The Africa Report ..read more
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Ethiopia: Who’s who in Getachew Reda’s cabinet
The Africa Report » Ethiopia
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1y ago
After being named head of the new interim administration governing Ethiopia’s war-torn Tigray region, Getachew Reda has appointed his cabinet. It contains a mixture of military men and longstanding Tigray People’s Liberation Front (TPLF) officials, many of them familiar faces ..read more
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Sudan: As ceasefire falters, could the country be headed for Libyan-style partition ?
The Africa Report » Ethiopia
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1y ago
The 72-hour ceasefire agreed between Sudan’s Rapid Support Forces (RSF) and the Sudanese Armed Forces (SAF) was violated less than 24 hours after it was announced. As the fighting continues in the capital and surrounding areas, we look at three possible outcomes from this conflict ..read more
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Ethiopian Airlines, Royal Air Maroc, Air Senegal: What SAF deal will mean for African aviation
The Africa Report » Ethiopia
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1y ago
Starting in 2025, all aircraft departing from European airports must incorporate a proportion of sustainable aviation fuels (SAF) within their paraffin oil, which will lead to an increase in fuel prices ..read more
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Ethiopia: 47 arrests after murder of Girma Yeshitila, head of Abiy’s Propserity Party party in Amhara
The Africa Report » Ethiopia
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1y ago
Ethiopian security forces said Sunday they had arrested 47 suspects after the killing of a leading member of Prime Minister Abiy Ahmed's ruling party, accusing them of having plotted to overthrow the authorities ..read more
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Exclusive: Avanti in talks with Safaricom, Ethio Telecom on Ethiopia entry
The Africa Report » Ethiopia
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1y ago
British satellite operator Avanti Communications aims to enter Ethiopia to increase the country’s Internet penetration, CEO Kyle Whitehill tells The Africa Report ..read more
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IMF, World Bank embrace Ethiopia after peace deal
The Africa Report » Ethiopia
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1y ago
A resurgent Ethiopia returned to Washington this past week for the spring meetings of the World Bank and IMF with a message that the country is open for business after last fall’s ceasefire ended two years of war in Tigray ..read more
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Ethiopian Airlines boss Mesfin Tasew, man of few words and big feats
The Africa Report » Ethiopia
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1y ago
In charge of Ethiopian Airlines (EA) new development plan, Mesfin Tasew, who took the helm at Africa’s largest national carrier last year, is as discreet as he is ambitious ..read more
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Black Sea Grain Initiative: Renewal gives Africa a painkiller, not a remedy
The Africa Report » Ethiopia
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1y ago
A March 18 deadline was signalling the end of an eight-month initiative that ensured the flow of grain exports from Ukraine and Russia – at war with each other – to other vulnerable and food-insecure regions. Top diplomats and stakeholders relentlessly pushed for an extension of the Black Sea Grain Initiative, which is now slated to end in May, but how beneficial to Africa has it been since the Eastern Europe battle broke out last year ..read more
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