Ethiopia, Turkey ties stretched over Somalia maritime deals that threaten to shift dynamics
Turkey and its predecessor state, the Ottoman Empire, have had a long history of interactions in the Horn of Africa, going back to the 16th century. But formal diplomatic ties between Ethiopia’s Emperor Menelik II and the Ottoman Empire’s Sultan Abdul Hamid II were not initiated until 1896. At the time, the Ethiopians had just defeated the Italians at the Battle of Adwa.
Once a well-armed and formidable military, Sudanese army faces collapse at hands of RSF
As the war between the SAF and RSF grinds on, it is devastating Sudan’s economy, costing the country an estimated $80 million per day and shrinking the gross domestic product by up to 18 per cent. Economist Haisam Fathi told Radio Dabanga in December that the formal economy has come to a “near standstill.”
Kenyan private sector activity slows as impact of easing of fuel prices and stronger shilling is felt
The Stanbic Bank Kenya Purchasing Managers’ Index (PMI) fell to 49.7 in March from 51.3 a month earlier. Readings above 50.0 signal growth, while those below point to a contraction. In February, it was the first time since August that the figure had gone above 50.
Economic turmoil: Zimbabwe introduces ZiG as its new currency to replace battered Zim dollar
The Zimbabwe dollar has come under sustained pressure in recent weeks, making it one of the world’s worst performing currencies. Since January, the Zimbabwe dollar lost over 70 per cent of its value on the official market, and was plunging even further on the thriving but illegal black market.
30 years after genocide Rwanda discovers new mass graves, widening cracks in ethnic healing
In the months since, Rwandan authorities say the remains of at least 1,000 people have been found in this farming community in the district of Huye, a surprisingly high number after three decades of government efforts to give genocide victims dignified burials.
