The Daily Horn News

05/07/2025

After more than a decade of bitter diplomacy, threats of war, and failed negotiations, Ethiopia has done it. The Grand Ethiopian Renaissance Dam (GERD) is now officially complete. Prime Minister Abiy Ahmed made the announcement in parliament on July 3, declaring that the dam will be inaugurated in September.

The news sent shockwaves across the region.

After more than a decade of bitter diplomacy, threats of war, and failed negotiations, Ethiopia has done it. The Grand Ethiopian Renaissance Dam (GERD) is now officially complete. Prime Minister Abiy Ahmed made the announcement in parliament on July 3, declaring that the dam will be inaugurated in S...

05/07/2025

When a war-scarred country announces a billion-dollar airport project, the world doesn't just pay attention—it questions everything. Can Somalia really pull this off? Who's paying for it? And why now?On the dusty plains of Middle Shabelle, just outside the town of Haabaay, President Hassan Sheikh Mohamud laid the foundation stone for what could become the most transformative infrastructure

05/07/2025

He’s calling it holy. Critics call it heresy against the constitution.

President William Ruto has unveiled plans to construct a massive 8,000-seat church inside the official presidential residence in Nairobi. He claims he will fund it himself. But even that hasn’t shielded him from a storm of backlash over what many see as a blatant merger of church and state.

He’s calling it holy. Critics call it heresy against the constitution. President William Ruto has unveiled plans to construct a massive 8,000-seat church inside the official presidential residence in Nairobi. He claims he will fund it himself. But even that hasn’t shielded him from a storm of ba...

02/07/2025

Somalia’s economy grew by 4.1 percent in 2024, according to newly released government data. While the figure reflects continued progress in rebuilding a fragile economy, it represents a slowdown from earlier forecasts and raises new concerns about the country’s ability to sustain momentum.

Somalia’s economy grew by 4.1 percent in 2024, according to newly released government data. While the figure reflects continued progress in rebuilding a fragile economy, it represents a slowdown from earlier forecasts and raises new concerns about the country’s ability to sustain momentum. The M...

20/06/2025

Once a Hero, Now a Phantom Ruler — What Happened to Eritrea’s Dream?
In 1991, Eritrea stood at the gates of a new dawn. The rebel forces of the Eritrean People's Liberation Front (EPLF), led by the sharp-tongued, charismatic Isaias Afwerki, had just delivered a crushing blow to the Ethiopian Derg regime. For the first time in modern memory, Eritreans believed they would chart their own destiny.
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Once a Hero, Now a Phantom Ruler — What Happened to Eritrea’s Dream? In 1991, Eritrea stood at the gates of a new dawn. The rebel forces of the Eritrean People's Liberation Front (EPLF), led by the sharp-tongued, charismatic Isaias Afwerki, had just delivered a crushing blow to the Ethiopian Der...

18/06/2025

At the edge of the Red Sea, a diplomatic standoff is tightening — and Djibouti is the one pulling the drawbridge.
President Ismaïl Omar Guelleh has slammed the door shut on Ethiopia’s decades-long push for sovereign access to the sea. Instead of collaboration, Djibouti is betting on foreign militaries and Egyptian port deals. The implications?

At the edge of the Red Sea, a diplomatic standoff is tightening — and Djibouti is the one pulling the drawbridge. President Ismaïl Omar Guelleh has slammed the door shut on Ethiopia’s decades-long push for sovereign access to the sea. Instead of collaboration, Djibouti is betting on foreign mil...

15/06/2025

In a move that could reshape East Africa’s financial future, Kenya Commercial Bank (KCB) Group Limited is poised to become the first foreign bank to enter Ethiopia in half a century, sources at the National Bank of Ethiopia (NBE) reveal.
Negotiations between KCB executives and Ethiopian regulators are already underway.

15/06/2025

ADDIS ABABA – On June 2, inside the iconic Nelson Mandela Hall at the African Union headquarters in Addis Ababa, Ethiopia, one of the world’s most influential philanthropists made a historic pledge. Bill Gates announced that a significant portion of his nearly $200 billion fortune will be devoted to strengthening Africa’s health and education systems over the next two decades.

ADDIS ABABA – On June 2, inside the iconic Nelson Mandela Hall at the African Union headquarters in Addis Ababa, Ethiopia, one of the world’s most influential philanthropists made a historic pledge. Bill Gates announced that a significant portion of his nearly $200 billion fortune will be devote...

15/06/2025

ADDIS ABABA – Ethiopia expects its economy to accelerate in the upcoming fiscal year, projecting real GDP growth of 8.9%, up from the current estimate of 8.4%, according to Finance Minister Ahmed Shide. The forecast was presented during a parliamentary session reviewing the federal government’s budget proposal for the 2025/26 fiscal year, which starts on July 8.

ADDIS ABABA – Ethiopia expects its economy to accelerate in the upcoming fiscal year, projecting real GDP growth of 8.9%, up from the current estimate of 8.4%, according to Finance Minister Ahmed Shide. The forecast was presented during a parliamentary session reviewing the federal government’s ...

15/06/2025

In the sprawling Kibera slum of Nairobi, where over 250,000 residents grapple with poverty and limited access to formal banking, an unlikely financial revolution is taking root. Bitcoin, the world’s most famous cryptocurrency, is gaining traction—not among wealthy investors, but among garbage collectors, street vendors, and motorcycle taxi drivers.
Spearheaded

In the sprawling Kibera slum of Nairobi, where over 250,000 residents grapple with poverty and limited access to formal banking, an unlikely financial revolution is taking root. Bitcoin, the world’s most famous cryptocurrency, is gaining traction—not among wealthy investors, but among garbage co...

07/06/2025

A flooded retreat, a helicopter crash, and a power vacuum—Al-Shabaab’s advance sends shockwaves through the Horn of Africa. But Turkey may be the wildcard no one expected.
In a stunning setback for Somalia's security, Al-Shabaab militants have captured the strategic town of Hawadley, just 50 kilometers north of Mogadishu.

A flooded retreat, a helicopter crash, and a power vacuum—Al-Shabaab’s advance sends shockwaves through the Horn of Africa. But Turkey may be the wildcard no one expected. In a stunning setback for Somalia's security, Al-Shabaab militants have captured the strategic town of Hawadley, just 50 kil...