Ethiopia’s birr faces further losses as the nation restructures its debt after a steep depreciation made it one of the world’s worst currencies this year. The unit fell more than 15% against the dollar in 2025, the weakest performance among those tracked by Bloomberg, after the Argentine peso and Turkish lira. “Our view is one of gradual…
Madaxweynaha JSL Mudane Cabdiraxmaan Maxamed Cabdilaahi (Cirro) ayaa maanta Daah-furay Carwada Ganacsiga iyo Wax-soo-saarka Xoolaha JSL oo lagu qabtay Grand Haadi Hotel, magaalada Hargeysa. Carwada Ganacsiga iyo Wax-soo-saarka Xoolaha dalka oo ahayd tii ugu horraysay ee nooceeda ah ee lagu qabto Somaliland, waxa si heer sare ah u soo agaasimay Wasaaradda Xannaanada Xoolaha iyo Horumarinta…
South Africa’s central bank is planning the most significant overhaul of the country’s cash system in decades, proposing the creation of a cash-management utility, the rollout of white-label ATMs and stricter oversight of how physical money circulates to reduce costs and improve access. Cash circulating through Africa’s largest economy exceeds 180 billion rand ($10.7 billion),…
Marka la dhisayo garoomada diyaaradaha ama dib loo casriyeynayo mid hore u jiray, waxa lagama maarmaan ah in lagu xisaabtamo oo qorshaha lagu daro, maankana lagu hayo, arrimo badan si loo xaqiijiyo airportku in uu noqdo mid wakhti badan jira, ammaan ah, badqabkiisu sugan yahay, dakhli soo saara, deegaanka aan dhib u gaysan, adeeg fiican…
The Middle East-based terminal operators continue to expand their footprint in Africa, with governments in the region opening ports to private investors. Last week, Saudi Arabia’s Red Sea Gateway Terminal (RSGT) signed a 30-year concession agreement with Djibouti Ports and Free Zones Authority (DPFZA) to operate and develop the Port of Tadjourah. The concession builds…
Bishoftu International Airport will ease capacity pressures, connect Africa globally, and attract international investment, positioning Ethiopia as the continent’s aviation and infrastructure leader. Ethiopia is advancing a major step in reshaping Africa’s aviation landscape through the development of Bishoftu International Airport (BIA), a flagship greenfield project designed as a continental hub that will serve both…
Faced with taxes and charges across Africa that are already “15% higher than the rest of the planet” and continually rising and multiplying, IATA, the Airlines Association of Southern Africa (AASA) and the Airlines Association of Africa (AFRAA) resolved to work together to tackle the issue at AFRAA’s Annual General Meeting in Angola in early…
In interviews with Aerospace Global News, ASKY Airlines’ Commercial Director and analyst Sean Mendis discuss the cost of taxes on Africa’s aviation industry. Is it all bark and no bite at the African Union? Despite all members committing to effectively liberalise the continent’s aviation industry, unlocking expansion and alleviating many unnecessarily high costs, very few…
