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However, some of the negative impacts COVID-19 on the free trade agreement, according to PwC, include the introduction of border closure and travel bans by key African economies, which have undermined the process of strengthening economic integration and economic development in A...

Foreign Minister Gedu Andargachew and his Chinese counterpart Wang Yi held a telephone conversation today to discuss about ways of further strengthening the relationship between Ethiopia and China.

The WHO recommends that countries look at whether the need to fight widespread virus transmission outweighs the economic benefits of opening borders. “It is also crucial to determine whether the health system can cope with a spike in imported cases,” it says.

The World Bank (WB) upgraded Tanzania's country classification by income level from low income to lower-middle income in 2020-21.

The World Bank on Wednesday classified Mauritius as a High Income country while Tanzania and Benin are now considered Lower-middle income countries, classifications that are being celebrated in these African economies.

Morocco currently imports all of its infrared thermometers, but the new invention will allow institutions and companies to use locally-made temperature-monitoring equipment.

Twelve telecom companies have thrown their hat into the race to enter the Ethiopian market according to the country’s communications regulator. The bidders range from top players across the continent and a number of global players.

The last time the southern African country saw a similar steep rise in fuel prices, in January 2019, violent protests broke out, leaving as many as 17 people dead after a crackdown by the security forces.

The economic costs are already being felt in Tanzania, and even with additional policy actions to strengthen the health response and mitigate the economic effects, 2020 GDP growth will likely slow sharply. Tourism has halted, and exports of manufacturing and agricultural goods ha...