Somalia, Eritrea, Ethiopia to discuss issues between Djibouti and Eritrea

Asmara-Somali Times. The capital city of Asmara in Eritrea was in a three-dimensional between Somalia, Ethiopia and Eritrea, with the leaders of the countries to discuss how to reach solution issues between Djibouti and Eritrea. Somali Foreign Minister Ahmed Issa Awad speaking to the media said the leaders of Somalia, Eritrea and Ethiopia discussed the

Read More

Time to invest in Turkish assets, investment guru says

The U.S.’s rift with it’s NATO ally Turkey is “madness” and the smart people are currently investing in Turkish assets, Jim Rogers, one of the world’s best-known investment gurus, told Anadolu Agency on Wednesday. “It is madness. I have no idea why America is doing this. Turkey has been a long-term ally of the U.S.

Read More

Turkey seizes over 200,000 cannabis roots

DIYARBAKIR, Turkey Turkish security forces confiscated cannabis roots and hashish in southeastern Turkey, the local governorship said on Wednesday. Diyarbakir Governor’s Office said in a statement that the Turkish army conducted an anti-terror operation against PKK terrorists in Lice and Hani districts of the Diyarbakir province between Sept. 2 and 5. A total of 218,500

Read More

Al-Shabaab militants kidnapped 70 elders in Galgudud region

Mogadishu-Al-Shabaab militants on Tuesday abducted 70 elders from areas between Guri’el and Mataban towns in Galgudud and Hiiraan regions in central Somalia, Galmudug State president, Ahmed Duale Gale said that the terrorist militants took the elders to Elbur town, a stronghold for the group in Galgudud region. Al-Shabaab militants often demand from locals to contribute

Read More

Somalia president tours Huawei’s offices in China

The President of the Federal Republic of Somalia, HE Mohamed Abdullahi Mohamed visited Huawei’s Beijing Executive Briefing Centre and met with Yi Xiang, SVP at Huawei. president Mohamed said he looks forward to seeing Huawei contributing to a digitalised Somalia. He expected Huawei’s active involvement in the construction of Somalia by leveraging the power of

Read More

Dutch bank ING pays $897M to settle money laundering case

Dutch bank ING has paid 775 million euros ($897 million) to settle a huge money laundering case in the Netherlands, prosecutors said Tuesday. The country’s financial prosecution service said in a statement that ING for years failed to adequately implement a law aimed at preventing money laundering and the financing of terrorism by not carrying

Read More

South African president rejects claims of Chinese ‘colonialism’

South African President Cyril Ramaphosa on Monday dismissed allegations of China practising colonialism in Africa, saying China instead has been a partner in boosting social and economic development on the continent. Ramaphosa made the remarks in a speech delivered at the opening ceremony of the 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC)

Read More

Somali security minister says plan to improve Somali police forces

Somali security minister Mohamed Abukar Islow Du’ale said they are working a plan to enhance the performance and capacity of Somali police forces. Minister Duale said the plan will be coordinated by EU officials, who provide training to Somali police forces as the country is preparing to take over security from AU troops. He underlined

Read More

China pledges $60 billion for Africa’s development

Chinese President Xi Jinping on Monday pledged $60 billion in financing for projects in Africa in the form of assistance, investment and loans, as China furthers efforts to link the continent’s economic prospects to its own. Speaking to a gathering of African leaders in Beijing, Xi said the figure includes $15 billion in grants, interest-free

Read More

Xi Jinping calls for closer China-Africa business ties

Beijing-Chinese President Xi Jinping said on Monday that China is willing to cooperate with Africa to forge closer business ties, noting that China welcomes African entrepreneurs who want to come to China to do business and that Beijing also encourages Chinese businessmen to invest in Africa. Xi made the remarks in a speech at the

Read More