Browsing Tag

Standard

Standard Chartered Expands Focus on Africa After Divestments

In the ever-evolving landscape of finance, every strategic move tells a story. Take Standard Chartered Plc, for example, a banking giant that's now setting its sights on broadening its horizon in Africa. But what drives this ambition, and why now? The journey began after the bank decided to retract from several smaller African markets. This was a decision that unfolded over a three-year spell. Their strategic exits might prompt the curious mind to ask: what next for the bank on this diverse and promising…

Ethiopia reinstates Addis Ababa Standard license

Ethiopia reinstates Addis Ababa Standard license ADDIS ABABA - Ethiopia's Federal Media Authority reinstated the publishing license of the Addis Ababa Standard, one of the online newspapers accused of working with "enemies" in order to "discredit" the sovereignty of the nation from the Horn of Africa. Last week, the Addis Ababa Standard disputed the allegations and pledged to "seek justice"…

Ethiopia withdraws Addis Ababa Commonplace license amid Tigray battle

NAIROBI, Kenya - Ethiopian authorities on Thursday withdrew Addis Ababa Standard's license, a move widely condemned as a strategy to gag independent media in the conflict-ridden Horn of Africa country. Ethiopia has been embroiled in a deadly internal war for eight months between the Ethiopian National Defense Forces and its partners against the Popular Front for the Liberation of Tigray otherwise known as the Tigray Defense Forces . Earlier this week, Prime Minister Abiy Ahmed indicated the possibility of suspending…

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