ExxonMobil Boosts Rovuma LNG, Elevates Mozambique’s Key Export Role
ExxonMobil, along with industry leaders Eni and CNPC, is propelling forward the Rovuma LNG project in Mozambique's offshore Rovuma Basin
April 23, 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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UK’s Rwanda Asylum Bill: A Polarizing Shift in Migration Policy
The UK Parliament recently passed the contentious Safety of Rwanda (Asylum and Immigration) Bill, enabling the transfer of asylum seekers.
April 23, 2024
Mozambique’s Economic Outlook and Credit Stability in 2024
In 2024, Mozambique's inflation rate impressively fell to 3% in March, decreasing from 4% in February and 4.19% in January.
April 21, 2024
Wealth Flight and Future Prospects in Africa
Over the past decade, Africa has seen about 18,700 high-net-worth individuals leave the continent for several reasons.
April 18, 2024
Ethiopia’s Path to WTO Membership and Economic Reform
Ethiopia is on an assertive path to secure its membership in the World Trade Organization (WTO) by 2026
April 16, 2024
Africa’s Robust Economic Outlook for 2024
In 2024, Africa's economy is set for a significant rebound, demonstrating resilience amid past global challenges and the pandemic.
April 10, 2024
Ethiopia Opens Real Estate Market to Foreign Investors
In a groundbreaking move, Ethiopia has decided to open its real estate market to international investors, ending a long-standing restriction
April 5, 2024
Africa’s Richest Nations: A Decade in Review
The prestigious Inanda Country Club in Johannesburg, served as a vivid snapshot of wealth, with polo players leading their horses.
April 3, 2024
Powering Progress: Mozambique’s Leap in Electricity Access
In 2023, Mozambique connected over 500,000 homes to electricity, crossing the 50% coverage mark
March 29, 2024