Via The Africa Report, a look at how Egypt and Eritrea are closing ranks over Ethiopia’s Red Sea push: Addis Ababa’s renewed bid for maritime access is reshaping alliances across the Horn, pushing Cairo and Asmara into rare strategic alignment. When Egyptian President Abdel Fattah al-Sisi welcomed Eritrean President Isaias Afwerki to Cairo this week, […]
Read more »Via The Africa Report, a look at where the World Bank sees the strongest growth in Africa: The World Bank has raised growth forecasts for 30 African economies, hailing the continent’s resilience to global shocks and urging a faster push on job creation. Between 2025 and 2050 Africa’s working-age population will expand by 625 million […]
Read more »Via The Economist, a look at why African governments are building higher: AFRICA IS a low-rise continent. It has just 26 buildings taller than 150 metres, compared with nearly 300 in Dubai alone. Yet 12 of them have sprung up in the past five years alone, suggesting a mini-boom in skyscrapers. The tallest, Egypt’s Iconic Tower, […]
Read more »Via The Africa Report, a look at Ethiopian Airlines’ aggressive growth plans: Flush from record results, Ethiopian Airlines will open a $10bn mega-airport in Bishoftu in 2029, as competition intensifies on Africa-Asia routes. Ethiopian Airlines is doubling down on its ambition to be Africa’s dominant carrier and a global player. In 2029, it plans to open […]
Read more »Via Semafor, commentary on how recent Kenyan unrest is offering its East African rivals an investment opportunity: Kenya’s neighbours stand to attract investors who are increasingly wary of the political volatility that has gripped East Africa’s biggest economy. Deadly protests marking a year since the wave of anti-government demonstrations that shook Kenya — once again […]
Read more »Via Reuters, an article on recent investments into Ethiopia’s minerals and energy sector: Ethiopia has signed investment deals for its minerals and energy sectors worth more than $1.7 billion, mostly with Chinese firms, its finance ministry said. The East African nation, which struck a four-year, $3.4 billion program deal with the International Monetary Fund last […]
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