IMF Approves $3.4 Billion Loan for Ethiopia to Aid Economic Reforms
ADDIS ABABA – The International Monetary Fund (IMF) has approved a $3.4 billion loan for Ethiopia to support its economic reforms over the next four...
Category : All East Africa – Latest News
Kenyan President Denies Airport Lease to India’s Adani Group Amid Controversy
NAIROBI — In a town hall meeting on Sunday, Kenyan President William Ruto dismissed reports claiming that the government plans to lease the country’s main...
Detained Protesters Granted Bail Amid Anti-Corruption Demonstrations in Uganda
KAMPALA — Ten protesters arrested during last week’s anti-corruption demonstrations in Kampala have been granted bail. The Chief Magistrate’s Court at Buganda Road set the...
Tanzania Settles $90 Million Dispute with Australian Mining Firm
Dar Es Salaam — In a significant resolution to a protracted legal battle, Tanzania has reached an out-of-court settlement with Australian mining company Indiana Resources....
Kenya Backs Raila Odinga for AU Chairperson’s Candidacy
ADDIS ABABA — In a significant diplomatic move, the Kenyan government has officially endorsed Raila Odinga for the position of African Union Commission (AUC) chairperson....
Ethiopia Reforms Currency System in Bid to Alleviate Economic Pressures
ADDIS ABABA — The National Bank of Ethiopia (NBE) has unveiled a sweeping set of economic reforms, including a move to let market forces determine...
Ugandan President Museveni Says Lifestyle, Not Poverty, is Uganda’s Real Challenge
KAMPALA — In a significant meeting held on Thursday, July 25, 2024, President Yoweri Kaguta Museveni engaged with Mr. Yohei Sasakawa, the Chairman of the...
Odinga Faces Criticism Over Alleged Deal with President Ruto Amid Youth Protests
NAIROBI — Leading Kenyan opposition leader Raila Odinga is facing mounting criticism from civil society groups and factions within the opposition for his perceived support...
Kenya, Uganda Plan to Upgrade Border Post to Ease Congestion
NAIROBI – Kenya and Uganda are set to upgrade the Lwakhakha border post in a bid to reduce congestion at the Malaba and Busia border...
19 People Missing After Boat Capsizes in Northern Ethiopia
ADDIS ABABA — Nineteen people are missing after a boat capsized in the Tekeze River in northern Ethiopia, local media reported on Sunday. The incident...
