Ethiopia’s Leap Towards Medical Tourism
Ethiopia is embarking on a journey to become a hub for medical tourism in Africa, with a $400 million medical...
February 26, 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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Mozambique’s Revenue Sees 13% Surge in 2023
In 2023, Mozambique witnessed a significant 12.7% growth in state revenue, amounting to 321.921 billion meticais (€4.675 billion)
February 21, 2024
Global Brands Boost East Africa’s Luxury Tourism
Luxury tourism in East Africa surges post-air travel reopening, driven by major investments from Marriott and Radisson Blu.
February 21, 2024
Africa’s Vaccine Revolution: A Roadmap to 2040
In a significant development, the African Union aims for 60% local vaccine production by 2040, steering towards health independence.
February 19, 2024
Cholera Vaccine Shortage Hits Southern and Eastern Africa
A severe cholera outbreak has hit southern Africa hard, creating a critical vaccine shortage during the worst episode in years.
February 16, 2024
Africa’s Push for Better Debt Handling
The African Forum and Network on Debt and Development is partnering with the Southern African Development Community.
February 15, 2024
New Crisis Unfolds as Hundreds Escape Terror in Mozambique
In just five days, over 800 people fled their homes in Cabo Delgado, Mozambique, due to terrorist attacks.
February 15, 2024
Mozambique Aims for Universal Energy Access by 2030
Mozambique is on a mission to secure universal energy access by 2030. The plan involves both expanding the electrical grid...
February 13, 2024
Mozambique’s Gas Reserves to Generate $100 Billion
Deloitte forecasts Mozambique's natural gas reserves could yield $100 billion, signaling the nation's key role in the energy shift
February 12, 2024