News Eritrea Finance: China and Russia pursue Eritrea for its strategic location in Africa, resources and transport potential
China and Russia are showing growing interest in Eritrea, a small African country in a strategic location but whose president is being shunned in the West for his autocratic governance. Its geopolitical significance in the Horn of Africa and easy access to the Red Sea had attracted the attention of Beijing and Moscow, observers said, with Eritrean President Isaias Afwerki endearing his country to the big powers and earning finance for projects and investments. In 2021, Eritrea joined the Belt an
News Eritrea Finance: Former finance minister who called Eritrea leader 'dictator' dies in prison
A former Eritrean finance minister who was arrested in 2018 after calling Eritrean President Isaias Afwerki a dictator has died in prison, his family told VOA Horn of Africa Service. The Eritrean ...
News Eritrea Finance: IMF Staff Completes 2019 Article IV Mission to Eritrea
Eritrea is in a difficult economic situation following an ... Policies to restore the health of the fiscal and financial sectors will be central to ensuring macroeconomic stability and broader ...
News Eritrea Finance: Journalists Face Threat and Injustice Worldwide. These 10 Cases Are the Most Urgent
Both are being detained in Dar Naim prison. 9. Seyoum Tsehaye (Eritrea): Nearly 20 years behind bars for doing journalism Seyoum Tsehaye is one of several Eritrean journalists arrested after the ...
News Eritrea Finance: Enforce banking rules to catch cash hoarders
Experience in other countries — such as Zimbabwe, Eritrea and India — should somewhat temper the lofty expectations. Hoarders found ingenuous ways to have unsuspicious amounts deposited in financial ...