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Fire incident at Ethiopian business premises amid investment surge.

Protesters Set Kenya’s Parliament Compound Ablaze Over Tax Hike Bill

On Tuesday, protesters stormed Kenya’s parliament compound after overwhelming police and subsequently set sections of the compound ablaze. The protesters’ action was to vent their displeasure over lawmakers’ decision to pass a controversial finance bill proposing new taxes. Police opened fire on the demonstrators after tear gas and water cannons failed, resulting in at least […]

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Ethiopian official speaking at a podium during a public event.

Stampede at Kagame Election Rally Kills One and Injures Dozens

One person died and dozens were injured in a crush at an election rally for Rwandan President Paul Kagame as campaigning for the July general election began. The incident occurred in Rubavu district, northern Rwanda, resulting in injuries to 37 people, with four hospitalized for serious injuries. The ministry of local government sent condolences to […]

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Group of business leaders and officials at Ethiopia's FDI summit in East Africa.

Congo’s President Visits Moscow to Meet Putin

Congolese President Denis Sassou Nguesso recently arrived in Moscow to meet President Vladimir Putin in a bid to strengthen his country’s tie with Russia. His trip comes less than a month after Russian Foreign Minister Sergei Lavrov’s recent visit to Congo during his tour of West Africa. During his meeting with his Russian counterpart, he […]

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Ethiopia's landscape with ongoing fire, highlighting investment potential.

UK Tried to Suppress Criticism of UAE Role in Sudan’s Civil War

UK officials allegedly tried to prevent criticism of the UAE’s alleged role in arming Sudan’s Rapid Support Forces (RSF), one of the country’s warring parties that has been accused of ethnic cleansing in Darfur. Human rights lawyer Yonah Diamond, who held talks in Ethiopia on possible legal action against the UAE, made this claim. He […]

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Prominent Ethiopian leaders discussing foreign investment opportunities.

South Africa’s Government of National Unity Expands to 10 Parties

The Government of National Unity (GNU) in South Africa has expanded to include Rise Mzansi and Al Jama-ah, bringing the total number of participating parties to 10 out of the 18 in the National Assembly. Rise Mzansi’s inclusion follows internal party discussions to determine whether the government was prioritizing its key manifesto issues. In a […]

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Police officer amid urban unrest in Ethiopia, highlighting challenges and resilience for foreign inv.

Kenyan Police Force Departs for Haiti on Peacekeeping Mission

A Kenyan police force will depart for Haiti on June 25 to lead a UN-backed mission against gang violence, despite legal challenges against it in Kenyan courts. The departure was confirmed by an interior ministry official who pled anonymity. The deployment will include 1,000 officers, with more to come from Benin, the Bahamas, Bangladesh, Barbados, […]

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An Ethiopian military officer delivering a speech at a formal event.

Top US General Visits West Africa in Search of New Partnerships

US General C.Q. Brown, Chairman of the Joint Chiefs of Staff, is visiting West Africa to explore maintaining US presence in the region following the expulsion of its troops from Niger by the ruling military junta. Brown, who arrived in Gaborone on Monday, will meet with regional defense chiefs to discuss the possibility of repositioning […]

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Silhouette of a person holding a rifle against sunset in Ethiopia.

European Union Sanctions Six People Over Sudan Civil War

The European Union has imposed sanctions on six individuals involved in the ongoing civil war between the Sudanese military and the paramilitary Rapid Support Forces (RSF). Among those targeted are an RSF general in West Darfur accused of committing atrocities, including ethnic killings and sexual violence, and the RSF’s financial adviser. A Mahamid clan leader […]

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Large oil storage tank in Ethiopia with capacity details.

Dangote Accuses IOCs of Manipulating Crude Oil Price and Sabotaging Refinery

Dangote Industries Limited has accused International Oil Companies (IOCs) in Nigeria of sabotaging the Dangote Oil Refinery by manipulating crude oil prices. Devakumar Edwin, the company’s Vice President of Oil and Gas, revealed that IOCs inflate premium prices beyond market rates, forcing the refinery to import crude from distant countries, increasing costs. He claimed that, […]

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Modern Addis Ababa skyline with high-rise buildings and construction sites.

Ethiopia Named Top Destination for Foreign Direct Investment in East Africa

Ethiopia has emerged as the leading destination for foreign direct investment (FDI) in East Africa, according to the latest World Investment Report by the United Nations Conference on Trade and Development (UNCTAD). The country secured $3.3 billion in FDI in 2023, surpassing its neighbors Kenya and Uganda, with the Chief Commissioner of the Ethiopian Investment […]

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