DP World chairman says Djibouti dispute hurt company’s ability to borrow
Global ports operator DP World DPW.DI has struggled to borrow from banks to finance new investments since a port it partially owns in Djibouti was...
Author : warsan
Somalia Eyes Infrastructure Boost if International Creditors Erase $5 Billion Debt
Somalia will embark on a journey to reduce poverty and establish its infrastructure if global lenders write off its debt. The country plans to build...
Kenya’s exports to Somalia hit 10-year low
Kenya’s earnings from exports to Somalia have fallen to a decade low, provisional statistics show, on the back of reduced production and diplomatic tensions arising...
Somali refugee named director of Seattle clinic that cared for her as a child
A woman who came to the United States as a young refugee in the 1990s now leads the Seattle clinic where she was cared for...
Conflict and drought displace 300,000 in Somalia so far this year
Over 300,000 people have been displaced due to drought and conflict in Somalia so far this year. The Norwegian Refugee Council (NRC) said insecurity is...
Putin hosts major summit as Kremlin scrambles for Africa
President Vladimir Putin on Wednesday hosts dozens of African leaders for the first Russia-Africa Summit, as Moscow seeks greater influence on a continent where the...
Justin Trudeau wins second term in hard-fought Canada election
Justin Trudeau was on course to win a second term as Canada’s prime minister in an election seen as a referendum on the Liberal leader...
Rwanda bans all single-use plastics
Rwanda becomes the first regional country to issue a complete ban on all single-use plastics and retailers have three months to clear their stocks and...
Tens of thousands rally against former ruling party in Sudan
Tens of thousands of Sudanese demonstrated in Khartoum and other cities on Monday to call for the former ruling party to be dissolved and for...
Somalia aims to reduce poverty, pump up infrastructure after debt erased
Somalia will press ahead with poverty reduction efforts and a major regional ports and corridors initiative if international creditors forgive the country’s $5 billion debt...