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Maggie Mutesi

Japan grants $4.8 million to Ethiopia for road operations

Ethiopia will receive a $4.8 million grant from Japan, following an agreement signed between both countries aimed at enhancing road operations and maintenance. The pact was signed by Ethiopia’s Minister of Finance Yasmin Wohabrebbi and Japanese Ambassador to Ethiopia Ito Takako. According to Yasmin, due to the rapid...

Maggie Mutesi

Rwanda’s economy to contract by 0.2% in 2020 - IMF

Rwanda’s economy is projected to shrink by 0.2% this year, but will rebound strongly next year to grow by 5.7%, according to the International Monetary Fund (IMF). The IMF said an economic recovery was underway but warned that spending to contain the effects of COVID-19 pandemic would...

Maggie Mutesi

Sudan’s government cuts petrol and diesel prices

Sudan’s acting energy and mining minister Khairy Abdel Rahman has announced a cut in pump prices for petrol and diesel for consumers. The transitional government, that came into power after the ouster of long time autocrat former President Omar Bashir in 2019, has been phasing out fuel subsidies to...

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