Sunday, January 19, 2020

Can Ethiopia’s railway bring peace to Somalia?

"We decided to open the railway early because of the drought, the worst in decades," says Getachew Betru, chief executive of the Ethiopian Railways...

NIGERIA’S AUTO LANDSCAPE: FROM DUMPING GROUND TO MANUFACTURING HUB

Before 2013, Nigeria was Africa’s biggest market for tokunbos—the local name used to describe used cars shipped from Europe and the US. Vehicles (mostly...

Western Union Exploring ‘Pilot Settlement Project’ With Ripple Labs

The global remittance giant Western Union might use the digital currency ripple in a pilot program. Western Union has confirmed it is currently in...

Mobile Money Vs ATMs, what is the result?

There is a lot of excitement around the use of mobile money these days, so much so that one is almost tempted to ignore...

Kenya: Sh200m Anglo Leasing cash in Swiss banks frozen

More than $2 million (about Sh201 million), suspected to be proceeds of corruption in Kenya, has been frozen in Swiss bank accounts as part...

AP Interview: Somaliland president defends UAE military deal

Somalia's breakaway northern region of Somaliland declared its independence nearly three decades ago, but despite having its own currency, parliament and military the predominantly...

Mombasa port not mortgaged to China, Uhuru says

President Uhuru Kenyatta has said the government will continue to borrow loans from China and the rest of the world despite criticism from different...

DP World signs $442m joint venture with Somaliland – Gulf News

Joint venture entity will ‘invest and manage’ Port of Berbera, which it aims to transform into a ‘regional and logistic hub’. DP World, the port...

Mayor Murray Lobbies John Kerry on Somali Remittance Crisis

Mayor Ed Murray met with Secretary of State John Kerry yesterday during the Secretary’s visit to Seattle. As promised, the mayor took the opportunity...

Bank of China fraud: Italy seeks trial for 300 people

Italian prosecutors want to indict the Bank of China's Milan branch and almost 300 people over a money-laundering scheme.Prosecutors in Florence allege €4.5bn ($5.1bn,...

Latest article

Ahmed Karaash. Somtribune.com

Somalia: President Deni Sidelines VP Karaash Curtailing His Powers

Rumours are surfacing that the flamboyant, ex-career army officer of Somalia, Ahmed Elmi Osman 'Karaash', currently serving as the Vice President of the Federal...

Somaliland: Ambassador Fender Sees Wide Support for VMC Proposals

Ambassador Ben Fender of the United Kingdom to Somalia and Somaliland, concluding a visit to the Republic of Somaliland, expressed hope that support for...

Somalia: Al Shabaab Keeps up Pressure in Bold Raids on UN-Backed Villa Somalia Government

The militant Qaeda-linked group, Al Shabaab, keeping up the pressure on the weak, UN-backed federal government at Villa Somalia attacked Afgooye on Friday evening,...