Ethiopia and the World Bank have signed a pact for a grant of $300 million to assist reconstruction and recovery in conflict-hit areas, the finance ministry said. Fighting that erupted …
Eastern Africa
- Banking, Finance & InvestmentEastern Africa
Pump prices have shot to historic highs, with a litre of super petrol and diesel jumping by Ksh5.50, signaling a further increase in the cost of basic goods and services. …
On Thursday, Arc Minerals said that Anglo American will take majority control of its Zambia copper cobalt exploration licenses. It marks the first new investment by Anglo in Zambia in …
- Eastern AfricaInformation & TechnologyKenyaTechnology
Ex-Facebook moderator in Kenya sues Meta platform over Poor working conditions.
A former Facebook moderator has filed a lawsuit against its owner, Meta Platforms, alleging poor working conditions for contracted content moderators violating the Kenyan constitution. The petition, also filed against Meta’s local …
Gondar University Ethiopia has denied reports that some of its experts helped Amhara militia destroy evidence of mass graves containing bodies of Tigrayans. Witnesses told the BBC that they had …
Bank of Uganda has not banned cryptocurrencies but has concerns about the risk from the technology, uganda’s central bank is currently doing preliminary studies on whether or not a central …
Somalia’s government has asked the International Monetary Fund (IMF) to extend its financial support by three months to Aug. 17, the head of the IMF’s country mission told Reuters. The …
A Tigrayan general and former commander in the African Union mission in Somalia died in custody after he was arrested along with other senior officers in the early days of …
Rwandan President Paul Kagame suspended his minister for youth and culture, the authorities have said. Edouard Bamporiki’s suspension was as a result of “matters of accountability under investigations”, a statement from the …
- Eastern AfricaPolitics
Presidential candidates to address Parliament on May 11 and 12, Somali Parliament Says
The Somali parliament announced Thursday that the long-awaited presidential election will finally take place on May 15 and that 329 lawmakers from both houses, 54 from the Senate or Upper …