Tag Archives: Economy
Sanctions may Affect Eritrean Economy
The AU is calling on the Security Council of the United Nations to implement sanctions against Eritrea. These sanctions can imply the suspension of trade relations, rail, sea, air, postal,… Read more
Eritrean President Cautions on Economy
Being in the middle of an economical downturn is definitely not going to be a very easy situation for many people around the world. Nevertheless, it is a periodic occurrence, which is… Read more
Eritrea to Attract Investors with Free Trade Zone at Sea Ports
The CEO of Eritrea’s Free Zones Authority Araia Tseggai confirmed in a interview with Reuters, that Eritrea is planning to launch a free trade zone for Massawa harbour later this… Read more
Chinese News Agency Interviews President of Eritrea
ASMARA, May 7 (Xinhua) — Eritrean President Isaias Afwerki on Thursday underscored that stability is the most important factor to promote economic and social development in the African country. Isaias made… Read more
Wind Energy Reduces Fuel Dependency in Eritrea
Along Eritrea’s coastline, in the desert strip between Massawa and Assab, most people live from fishing. This is because the region is not suitable for green agriculture as it belongs to the… Read more
Ethiopians Concerned About Dependency on Djibouti Port
Landlocked Ethiopia this week admitted the nation’s high dependency to only Djibouti port has become a big concern to her as the volume of its fast growing import-export trade keeps… Read more
United Arab Emirates Foreign Minister Visiting Eritrea
According to the Qatar News Agency, Sheikh Abdullah bin Zayed Al Nahyan met on Sunday with the President of Eritrea in Asmara, in order to discuss bilateral relations on investment, economy… Read more
African Aviation Growth Slows Down
The recession and the economical slowdown is hurting the African aviation sector at the most inconvenient time. Just when it seemed that the sector was experiencing tremendous growth rates due… Read more
Malaria Fight- A Success Story in Eritrea
In a recent Wall Street Journal report, Mr. Chernin (Board of Directors Fight against Aids, Malaria and Tuberculosis) is explaining that the fight against Malaria has been a success story… Read more
Western Companies, Natural Recourses and Africa
For the past few years African countries exporting mining products were in a good bargaining position, due to a strong world demand and high prices. This has recently changed due… Read more
