Category Archives: Market

Japanese Ship Operator to Put $9.4M Toward Mauritius Oil Spill Recovery

The operator of a Japanese-owned bulk carrier that crashed into a reef in late July, causing a widespread oil spill in Mauritius, will pay at least $9.4 million over several years to fund environmental projects and support local fishing communities.…

South Sudan, Sudan Address Economic Crises

JUBA / WASHINGTON – South Sudan’s central bank said Friday that it planned to ban the use of foreign currency nationwide to prevent further depreciation of the South Sudanese pound against the U.S. dollar after prices of food and other …

Renewed Violence in DRC’s Kasai Region Could Trigger Mass Displacement, UN Says

GENEVA – The U.N. refugee agency warns that renewed violence and tensions in the Democratic Republic of Congo’s Kasai province could trigger a new wave of mass displacement.

More than 24,000 people in troubled Kasai province have fled violent attacks …

Ethiopia Demands Explanation on US Aid Cut

ADDIS ABABA – Ethiopian officials are demanding an explanation from the U.S. after it announced this week it would cut millions of dollars in aid after Ethiopia’s decision to begin filling a reservoir at a massive hydropower dam on the

Contribution to bolster National Fund

Asmara, According to report from the Ministry of Health, nationals inside the country contributed over 200 thousand Nakfa to bolster the National Fund to combat COVID-19 pandemic.

Accordingly, the regional Assembly of Southern region contributed 64 thousand and 924 Nakfa, …

Financial support to disadvantaged families

Mendefera, Financial contribution was extended to disadvantaged families in the sub-zones of Dubarwa and Adi-Quala, Southern region as well as in Massawa.

Accordingly, in Dubarwa sub-zone the residents of the administrative area of Temajla contributed 159 thousand Nakfa, residents of …