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EUR

Erdogan guarantees EUR 2.5 billion in investments

Abiy Ahmed visited Ankara on Wednesday, August 19, where he met his Turkish counterpart Recep Tayyip Erdogan. A visit organized on the 125th anniversary of diplomatic relations between the two countries. The program of the meeting included military relations around the Tigrayan conflict but also obstacles to rebirth, economic…

The EU allocates DKK 53 million EUR to vulnerable people in Ethiopia

The EU said on Monday it would allocate 53.7 million euros ($ 64.6 million) in humanitarian aid to the most vulnerable people in Ethiopia, including those affected by the conflict in the northern Tigray area, according to a statement. EU Commissioner for Crisis Management Janez Lenarcic, who is expected in Ethiopia on Tuesday, said the conflict in the Tigray region has exacerbated an already difficult situation in the Horn of Africa. On November 4 last year, Ethiopia launched a sweeping law enforcement operation…

The EU is elevating EUR 90 million in help of Ethiopia

The European Union is positioning itself in relation to the disaster within the Tigray area of Ethiopia. Brussels will sanction Addis Ababa by suspending the fee of finances help. A choice that's a part of the decision for the 27 European international locations to finish hostilities. Involved concerning the deteriorating…

ABB will return EUR 85 million of embezzled funds to Eskom

In South Africa, the national electricity company Eskom continues to collect money from companies suspected of corruption and irregular payments. Latest profit: EUR 85 million will be paid by Zurich's engineering group ABB Eskom has become one of the symbols of corruption during the presidency Jacob Zuma and embezzlement in connection with the Gupta family has brought the company to its knees, and the…

Cemac has found EUR 3.8 billion in investments for its infrastructure

EUR 3.4 billion to add to the 600 million already acquired, this is the amount that the economic and monetary community of Central African countries came to Paris to seek from potential public and private creditors, during a round table two days. Cemac received 3.8 billion. The least developed sub-region on the African…

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