By Reuters Zimbabwe is replacing its collapsing local currency with a new one backed by gold and foreign currencies that it hopes will be more stable and help bring down inflation, the central bank said on Friday. The Southern African country relaunched its own currency in 2019 after a decade of dollarisation, but it struggled

File Photo/Somali Times The regional government of Puntland strongly opposed yesterday’s decision by the Federal Government of Somalia which ordered the closure of the Ethiopian Consulate in Garowe and Hargeisa. Read: Somalia’s Puntland has become an independent state Last night’s press release from the Presidency of the Puntland administration said that Puntland is not affected

The Somalia government today expelled the Ethiopian ambassador and closed two Ethiopian consulates in Garowe and Hargeisa. The Somalia government has accused Ethiopia of interfering in Somalia’s internal affairs. The government also ordered Ethiopian diplomats to leave the country within a week. “Diplomats and employees of the Ethiopian government working in the two consulates in

File Photo/Somali Times Former Somalia spy chief Mahad Salad is a member of Al-Shabab terrorist group, who is lacking prior intelligence experience and education. An Intelligence Agency does not adumbrate its successes on a daily basis specially when it is fighting a deadly insurgency, according to former Somali spy chief Fahad Yasin Mahad Salad is

By Anadolu Agency Russian Defense Minister Sergey Shoygu warned his French counterpart Sebastian Lecornu against sending troops to Ukraine in a phone talk late on Wednesday. The Defense Ministry in a statement said Shoygu told his French counterpart the implementation of such plans “will create problems for France itself.” Lecornu, for his part, offered condolences

By Reuters The International Monetary Fund (IMF) concluded its visit to Ethiopia to discuss a request for the global lender’s support on Tuesday without reaching an agreement, leaving the country short of a commitment it made with its official international creditors. “The team made substantial progress towards establishing how the IMF could support the authorities’

US Trade Representative Katherine Tai addressing journalists at Serena Hotel, Nairobi on July 19, 2023. Photographer Lucy Wanjiru/File Photo NMG By Citizen Digital The United States of America has flagged rampant bribe requests and extortion of U.S. firms by Kenyan government officials to secure tenders. The 2024 National Trade Estimate Report on Foreign Trade Barriers

Firefighters work at the site of a collapsed building in Hualien, April 3, 2024. Taiwan National Fire Agency/Handout By Reuters Taiwan’s biggest earthquake in at least 25 years killed seven people on Wednesday, injuring more than 700, with 77 trapped in tunnels and collapsed buildings, authorities said, as rescuers used ladders to help some people

Sarah Afua Kittoe/Photo credit: Sarah Afua Kittoe via TikTok By Face2Face Africa Sarah Afua Kittoe, an 11-year-old British-Ghanaian author, has fulfilled a promise made months ago to build a library for a school in the West African nation of Ghana. She has completed a full e-library and computer lab for the school, with plans underway

By Anadolu Agency Peruvian President Dina Boluarte’s home was raided over the weekend in search of at least 10 Rolex watches she has been seen wearing since taking office and that, according to authorities, have not been declared. A corruption investigation dubbed “Rolexgate” that got the president in trouble began on March 18 when local