By Daily Nation The Competition Authority of Kenya(CAK) has approved a proposed acquisition of a 62.5 percent stake in First Community Bank by Somalia’s Premier Bank. The value of the detail was not immediately clear with the two transacting banks set to merge on the closure of the deal. “Pursuant to the provisions of section

File Photo Somali Times/Somalia flag In a statement published on the website of the government of Qatar, it said that it will hold a meeting of the United States, Britain, Turkey, the United Arab Emirates and Somalia, which will discuss how to support Somalia. In this preliminary meeting that took place in Washington DC, the

Travellers queue inside the departures terminal of Terminal 2 at Heathrow Airport in London, Britain: Credit to Photographer Henry Nicholls/Reuters MyLondon By Anna Highfield Brits hoping to travel to 27 different European countries should be aware of a big change in the pipeline. While many British travellers were concerned they would need a visa to

By Reuters China has a “stunning lead” in 37 out of 44 critical and emerging technologies as Western democracies lose a global competition for research output, a security think tank said on Thursday after tracking defence, space, energy and biotechnology. The Australian Strategic Policy Institute (ASPI) said its study showed that, in some fields, all

In this photo from the U.S. Army, anti-tank missiles and medium-range ballistic missile components seized by the United Kingdom Royal Navy sit pier side at an undisclosed location in the Middle East on Feb. 26, 2023. The British navy seized anti-tank missiles and fins for ballistic missile assemblies during a raid on a small boat

File Photo Somali Times/Somalia flag By The Associated Press The United States is increasing its military assistance to Somalia as the country sees success in battling what the U.S. calls “the largest and most deadly al-Qaida network in the world.” Sixty-one tons of weapons and ammunition arrived Tuesday in Mogadishu, the U.S. said in a

By Anadolu Agency The death toll from a collision between a passenger train and a cargo train in northern Greece has climbed to 36, with the search for survivors continuing, local media reported on Wednesday. According to Vassilis Vathrakogiannis, a fire department spokesman, rescue teams are looking for people trapped in the wreckage at the

Presidential candidate Bola Ahmed Tinubu arrives with his wife Oluremi Tinubu at a polling station before casting his ballot in Ikeja, Lagos, Nigeria February 25, 2023. Photographer James Oatway/File Photo/File Photo By Reuters For much of his political career, Nigerian President-elect Bola Tinubu has exerted power from behind the scenes, widely regarded as a “godfather”

By Business Daily Africa Kenya’s inflation in February edged up for the first time in four months on renewed pressure on food and cooking gas prices, the statistics agency has reported. Inflation — a measure of the cost of living over the last 12 months— rose to 9.2 percent from 9.0 percent the month before,

File Photo Somali Times/Hargeisa SNM leaders massacring women and children Qatar, Turkey, United Arab Emirates, United Kingdom and the United States have expressed concern over fighting in the northern Somalia region of Las Anod. ”They have destroyed the electricity system of the hospital, the oxygen system, the blood bank, the office of the human resources