China Scales Back Investment in Ethiopia

Ethiopia’s economy pressured by rising debt and foreign exchange crisis BY THE FINANCIAL TIMES China is scaling back investment in Ethiopia in the face of rising foreign exchange shortages and government debt, highlighting the fragility of the African nation’s economy as the new prime minister prioritizes political reform to quell three years of deadly social […]

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Investment, not charity, the key to future prosperity for Africa: President Afwerki

“We need investments, real investments. Charity is not going to save Africa, or transform Africa into a real market,” President of Eritrea Isaias Afwerki By Shanghai Daily, As the mining sector opens up, Eritrea looks forward to building a sustainable economy. “We need investments, real investments. Charity is not going to save Africa, or transform […]

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