News

A "go it alone" culture has long been central to Eritrea, including its economy, but recent policies, especially a currency reform, mean many people are now struggling in what was already one of ...
Eritrea's debt stands at 175 per cent of its GDP. This is very high for the agriculture-based economy. Eritrea is an outlier on the African continent.
Last year Eritrea's leader, Isaias Afwerki, and Ethiopian Prime Minister Abiy Ahmed signed a historic peace deal For decades, the Eritrean economy has struggled because of a combination of war ...
The potential role for mining to help spur Eritrea’s economy is not hard to see. The Eritrean National Mining Corporation (Enamco) gets an automatic 10% stake in every mining project, as well as the ...
Eritrea’s president criticized what he said were international campaigns to undermine the country’s economy, as the Horn of Africa nation marked 25 years since the end of the war that led to ...
Nevsun says its investment in Eritrea brings social and economic benefits that mitigate the pressure for emigration. Even so, the number of Eritreans seeking refuge in Europe has increased about ...
Eritrea said on Wednesday that its economy will be unaffected by the U.N. sanctions imposed on the nation, which were an international response to Asmara's alleged support of Islamist rebel groups ...
For decades, the Eritrean economy has struggled because of a combination of war, authoritarian rule and the impact of United Nations sanctions. But the East African country's recent rapprochement ...