Gold in the Soil: Mozambique’s Climb in Global Mining
Mozambique's gold production has leaped impressively in early 2024, topping over 460 kilograms—a 33% increase from the previous year. This...
June 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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Rising Tide: Mozambique’s Economic Surge and Agricultural Innovations
Mozambique predicts a strong 5.2% GDP growth through 2025 driven by surging gas agriculture and consumer spending. Analysis from The...
June 5, 2024
Navigating High Waters: Mozambique’s Banks Amid Rising Debt
Mozambique's banking sector shines as a pillar of stability facing a surge in public debt with resilience. Coverage and analysis...
June 4, 2024
Ethiopia’s Economic Growth Attracts Global Attention
Ethiopia has attracted $3 billion in foreign direct investment (FDI) in just ten months. This aligns with the Ethiopian Investment...
May 29, 2024
U.S. Deepens Ties with Kenya Aiming to Strengthen Influence in Africa
In a strategic move to fortify its global stance, the United States is enhancing its alliance with Kenya, now recognized...
May 24, 2024
Ethiopia’s Coffee Exports Hit $1 Billion Milestone
Ethiopia's coffee industry has reached a significant milestone, earning $1 billion in the first ten months of the 2023/24 fiscal...
May 21, 2024
Navigating Change: Ossufo Momade’s Renewed Bid for Mozambique’s Presidency
Ossufo Momade, the leader of Mozambique's main opposition party, Renamo, has officially been nominated to run for president
May 20, 2024
Tensions Surge in Cabinda: Independence Movement Clashes with Angola and DRC Forces
Over 5,000 soldiers deployed in Maiombe forests as FLEC-FAC accuses Angola and DRC of a joint operation and human rights...
May 16, 2024
U.S. and Angola Seal $1.3 Billion Deal to Revolutionize Infrastructure
The United States and Angola have finalized funding agreements for three significant infrastructure projects worth $1.3 billion
May 16, 2024