Friday, December 14, 2018

Djibouti row with DP World embodies Horn of Africa power struggle

This February, the small African nation of Djibouti took control of the Red Sea container port of Doraleh from DP World, completing what it considers...

New Gold Area Discovered Recently in Somaliland

It’s been known for long time that gold existed in some parts of somaliland, and this was revealed recently after Abdirahman Hassan , an...

European Central Bank: Digital Currencies ‘Inherently Unstable’

The European Central Bank has released a new report on digital currency, describing it as “inherently unstable” but potentially transformative in the realm of...

Squeezing Somalia: U.S. restricts remittances

Somalia gets the equivalent of 35 percent of its gross national product from remittances, at least $1.3 billion from individuals abroad. That's more than...

Kenya Cancels Somalia Flights

Kenya government has cancelled daily flights to Somalia for undisclosed time, a source in Kenyan capital Nairobi has confirmed to Radio Dalsan. It is not...

Survey of Diaspora Investment in Somaliland & Somalia

Money sent from the Diaspora provides essential support to some 41 percent of the population of the Somali territories, according to the most recent...

Sh2bn to help boost power supply system

By IMMACULATE KARAMBU Kenya Power has secured $25 million (Sh2.25 billion) funding from the Africa Finance Corporation. The money is part of a $150 million syndicated...

Dubai’s DP World Agrees to Manage Port in Somaliland for 30 Years – Wall...

Dubai’s DP World has agreed to manage the Somaliland port of Berbera in a landmark deal this month that opens a new point of...

Munya held discussions ‘with what amounts to regional adminsitration’ – Kenya State House

State House had explained the circumstances that prompted the Somali government to ban importation of miraa from Kenya. In a press briefing on Sunday, State...

Moneygram hit with largest fine in Austrac’s history

The Australian Transaction Reports and Analysis Centre has levied its largest ever fine on one of the world's biggest remittance network providers, as a...

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Maka-al-Mukarrama Avenue: The Mogadishu street Al-Shabaab loves bombing

Maka-al-Mukarrama Avenue easily passes for the stretch in Mogadishu that has absorbed the most violence unleashed by the Al-Shabaab jihadists in the past decade. On...

President Kenyatta reiterates pledge on housing, healthcare, food security, manufacture

President Uhuru Kenyatta on Wednesday outlined the progress made so far in his Big Four agenda for economic growth, which he unveiled a year...

Somaliland: The Little Country That Could

Somaliland was an independent state for five days in 1960 before it merged with the former Italian Somalia. Since the Somali Democratic Republic became...