Eritrea Orders Citizens to Deposit All Nakfa Cash in Banks by End of July Under New Central Bank Directive

July 1, 2026 By Staff Writer | Borkena NAIROBI, Kenya — The Central Bank of Eritrea issued a directive on Tuesday ordering all citizens and organizations to deposit all cash holdings in local currency (Nakfa) into commercial banks by the end of July, effective immediately. In its statement, the Bank said the Nakfa remains the only legal tender…

Why Trump wants to treat with Issayas

27 Apr 2026 Washington is exploring normalisation with Asmara in talks driven by its control of over 1,000 kilometres of Red Sea coastline United States officials have been talking with Eritrea to explore normalising relations. Initiated by Egypt and Massad Boulos, Senior Africa Advisor to US President Donald J Trump, the meetings have involved Eritrea’s President Issayas Afewerki. Further meetings…

Olympian and other Eritreans freed after 18 years without trial, relatives tell the BBC

Editor, BBC Tigrinya Thirteen people held for more than 18 years without trial in Eritrea have been released from a notorious military prison, relatives of the detainees have told the BBC. Among those freed were several prominent figures, including 69-year-old Olympian cyclist and businessman Zeragaber Gebrehiwot. They had been held at Mai Serwa prison, known…