Uganda will receive more than two billion U.S. dollars in new concessional financing from the World Bank over the next three financial years to support the East African country’s development agenda, a senior government official said Tuesday, according to Xinhua News Agency reported. Ramathan Ggoobi, permanent secretary and secretary to the Treasury at the Ministry

Former French President Nicolas Sarkozy leaves his house with his wife Carla Bruni-Sarkozy on the day of his incarceration at the Sante prison to begin his five-year prison sentence for criminal conspiracy over attempts to raise campaign funds from Libya, in Paris, France, October 21, 2025. Photographer Sarah Meyssonnier By Reuters Former French President Nicolas

File Photo/Somali Times President Ahmed Mohamed Islam Madobe has strongly stated that the Jubaland Intelligence and Security Agency (JISA) is now the most powerful and knowledgeable agency in security matters in the Horn of Africa. Read: Somalia at risk of reimposition of UN arms embargo Read: Somalia is the number 1 country for corruption Read:

By Reuters Jitters around U.S. banks’ exposure to loan losses have fueled expectations for more mergers and acquisitions as big buyers may be spurred to look to absorb smaller or weaker rivals, according to four senior industry sources. More than two years after the sudden failure of Silicon Valley Bank that destabilized the industry, auto

By Anadolu Agency US President Donald Trump said Sunday that his administration would end all financial aid to Colombia and impose tariffs on the South American country, accusing its government of failing to combat drug production and calling its president, Gustavo Petro, “a lunatic.” Speaking to reporters upon returning to Washington, Trump confirmed that a

File Photo/Somali Times Puntland government has sentenced 15 Iranian fishermen to $500 each and deported them after they were caught fishing illegally off Puntland’s coast. Read: Somalia is the number 1 country for corruption Read: Why is Somalia an unfortunate country Read: Puntland says lifting of arms embargo on Somalia a major threat Puntland also

By Xinhua News Agency Cambodia deported 64 South Korean online scam suspects, including five women, to their birth country on Friday night, said a news release from Cambodia’s Ad-Hoc Committee to Combat Online Scams on Saturday. The suspects were expelled from the kingdom through the Techo International Airport in southern Kandal province, the news release

By Anadolu Agency US President Donald Trump said Thursday that he plans to sit down with his Russian counterpart, Vladimir Putin, in Hungary within two weeks. Trump alluded to next week’s meeting between Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov, saying the top diplomats will determine the time and place for

File Photo/Somali Times The President of the Republic of Somalia Hassan Sheikh has so far failed to hold election one-person, one-vote election, despite major obstacles that appear to be slowing him down. Read: Somalia at risk of reimposition of UN arms embargo Read: Somalia is the number 1 country for corruption Read: Why is Somalia

By Kenyans Former Prime Minister Kenya Raila Odinga is dead. Raila, who was undergoing treatment in India, is said to have died after suffering a cardiac arrest during a morning walk on Wednesday, October 15. He was rushed to hospital where he was pronounced dead at around 9:52am (Indian time), according to a spokesperson for