Thursday, December 14, 2017

Serious Fraud Office investigating oil firm Soma

Britain's Serious Fraud Office (SFO) has launched a criminal investigation into the British exploration firm Soma Oil and Gas, which has been searching for...

African air travel primed for take-off

Africa has long been the El Dorado just over the horizon for airlines, but sustained economic growth and the emergence of a middle class...

British firms still keen for deals despite global M&A slowdown

Research suggests companies are gaining confidence to make takeover bids Big companies still have the motive and means to embark on takeovers despite headwinds in...

When capitalism turns to cannibalism

When people say “capitalism has failed” or “capitalism has succeeded,” we have to ask: what type of capitalism do you mean? Authentic capitalism, in which...
video

Planes carrying khat resume operations from Kenya to Somalia

Planes transporting khat from Kenya to Somalia are back in business after Somalia lifted a weeklong ban on the stimulant. The ban took effect on...

Investing in Africa: Shedding the developed market mind-set

Excerpted from THE NEXT AFRICA: An Emerging Continent Becomes A Global Powerhouse by Jake Bright and Aubrey Hruby. Copyright © 2015 by the author...

Munya does not regret Somaliland visit, puts heat on gov’t

Meru Governor Peter Munya has defended his visit to Somaliland insisting he did not interfere with territorial integrity as claimed by the Somalia government. The...

Ethiopia: NOC to Open Branch in Djibouti

National Oil Ethiopia (NOC) announced that it would soon begin the distribution of petroleum products in Djibouti. NOC Chief Executive Officer Tadesse Tilahun said, the...

Messebo Cement Conducts Feasibility Study for Plant in Addis

Messebo Cement Factory Plc has hired Industrial Projects Service (IPS), a state-owned consultant, to conduct an assessment of market for cement around Addis Abeba....

Dollar’s Rise Reshuffles Global Economy Into Winners and Losers

    The rising U.S. dollar is redistributing growth throughout the global economy. The greenback’s ascent to the highest in a dozen years on a trade-weighted basis...

Latest article

In Somalia, an Overlooked Extremist Hotbed Simmers

Maimed in the war between Somalia government and al Qaeda’s affiliate al-Shabaab, the patients of De Martino Hospital prefer not to talk about what...

Somaliland applies global resilience expertise to drought response

Somaliland authorities are carrying out a “ Drought Impact Needs Assessment” (DINA), based on a globally recognized methodology, that is identifying long term solutions...

Republic of Somaliland Inaugurates Its Third-elected, Fifth President

The newly elected president of Somaliland Muse Bihi Abdi was sworn in for office on Wednesday, a month after the Election Day on the...