Thursday, June 4, 2020

Ethiopia Suspends Berbera Share to Develop New Port in Sudan

Ethiopia also took a 19 percent share on the new development of Berbera Port but it was reported this week that the project is...

World Bank Accused over ExxonMobil Plans to Tap Guyana Oil Rush

Washington DC-based bank grants funds to redraft south American state’s oil laws by lawyers linked to oil giant The World Bank is to pay for Guyana’s oil...

Somaliland Parliament Untethers Fibre Optic Provision From Monopoly, Telesom, Somtel Welcome Move

The House of the Representatives of the Republic of Somaliland, Saturday, took off all fetters from the free provision of Internet Fibre optic services...

SCAMMED! False Forex Traders Lure Victims Through Social Media Platforms

A great number of sham Forex traders, using sponsored adverts on social media, continue to filch millions of hard-earned savings of hapless 'investors' As soon...

Constructing Commercial Empire: The United Arab Emirates in the Red Sea and the Horn

Almost a decade ago, the late Ethiopian prime minister Meles Zenawi described a “nightmare” he had for his country: “an Egyptian agenda that is...

Somalia: African Development Bank Group Approves Framework to Clear Nation’s Arrears

The African Development Bank and African Development Fund today approved a framework  for $122.55 million to clear Somalia’s arrears, paving the way for the...

IMF Secures $334 Millon Debt Relief for Somalia

More than 100 IMF members have pledged to provide $334 million in debt relief for Somalia, which then will unlock fresh funds to help...

“Our goal is to surpass developed countries,” African Development Bank VP tells fourth industrial...

Africa is not only ready for the fourth industrial revolution. It is set to outdo the achievements of the developed world. That was one...

Ethiopia’s Oil Supply Constrained by Djibouti Logistics Battle

Ethiopia, whose energy needs are constantly growing, remains dependent on Djibouti's infrastructure policies - and keeps demanding more. But the announced extension of the...

Next Steps to U.S.-Kenya Free Trade Agreement

A Kenya-U.S. Free Trade Agreement (FTA) would build on the success Kenya has experienced in producing and exporting a range of value-added products to...

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New Charges for Former Minneapolis Police Officers as Protests Persist for the killing of...

ST. PAUL, Minn. — The three Minneapolis police officers who failed to intervene while George Floyd was killed were charged on Wednesday with aiding...

Somaliland: Covid19 Update for June 3

The Ministry of Health Development of the Ministry of Health Development of the Republic of Somaliland has, today, Wednesday, made it known that 18...

Somalia: Puntland Rejects Clan-based Election Model

The much-anticipated polls in Somalia suffered yet another blow on Monday, with Puntland President Said Abdullahi Deni rejecting the popular clan-based electoral model, which...