Mozambique Ruby Production Falters
In the latest development, Mozambique's ruby production experienced a significant decline in 2023, reaching only 2.7 million carats.
March 11, 2024Section
Eastern Africa
Eastern Africa – Kenya, Ethiopia, Tanzania, Uganda and Rwanda – is the continent’s fastest-integrating bloc, a hub for tech, logistics, ports and a rising consumer class along the Indian Ocean trade routes. The Rio Times tracks the region’s growth, currencies, infrastructure megaprojects, and the contest among China, the Gulf and the West for influence. This hub gathers our daily Eastern Africa coverage through a business and investment lens.
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Islamic Militants Displace 80,000 Christians in Mozambique
In the northern province of Cabo Delgado, Mozambique, armed Islamic radicals have launched a series of violent attacks.
March 9, 2024
Mozambique’s Natural Gas Exports Triple in 2023
In 2023, Mozambique's natural gas exports skyrocketed, hitting $1.726 billion, tripling the figures from 2022 and potentially overtaking coal
March 8, 2024
Mozambique Achieves Record Gold Production in 2023
In 2023, Mozambique broke records by producing over 1.6 tons of gold, surpassing both previous and expected figures for the...
March 5, 2024
Zambia’s Drought Emergency Amidst El Niño’s Grip
Zambia has declared a national emergency as a severe drought, worsened by El Niño, ravages food and electricity production across...
March 1, 2024
Kenya and Namibia’s Grey Listing: A Call for Financial Integrity
In February 2024, FATF gray-listed Kenya and Namibia due to anti-money laundering and counter-terrorist financing concerns
March 1, 2024
Islamic State’s Deadly Surge in Mozambique Claims 70 Lives
The Islamic State (IS) has taken credit for 27 assaults on villages in Mozambique's Chiùre district, killing 70 people
February 28, 2024
Red Sea Disruptions Impact Ethiopian Coffee Shipments
Middle East logistic issues are disrupting global coffee exports. Ethiopian shipments to China and Japan face delays because ships
February 27, 2024
Rising Tensions Between DR Congo and Rwanda
This situation worsens the plight of about 800,000 displaced people in the area and 2.5 million in North Kivu province
February 26, 2024