By Wendell Roelf Up to 15 blocks could be offered in first round Blocks may contain 30 bln barrels of oil – minister Somalia is planning to launch its first ever oil and gas licensing round in December, its oil minister said on Tuesday, as the frontier market looks to attract new investment after decades

American officials, accompanied by business tycoons, will jet into Nairobi today to start a packed two-day meeting with government and private sector leaders in hunt for trade and investment deals in Kenya. The US delegation led by Deputy US Trade Representative C.J. Mahoney is expected to scout for business opportunities in East Africa’s largest economy

Labour MP Chris Bryant gives a speech during the election for the new Speaker of the House of Commons, in London, Britain November 4, 2019, in this screen grab taken from video. Parliament TV via REUTERS. Opposition Labour lawmaker Lindsay Hoyle was elected speaker of Britain’s House of Commons on Monday and will take on

Photo/Somali Times Mogadishu, Somali Parliament Speaker Mohamed Mursal Sheikh Abdirahman on Monday received a British Ambassador to Somalia. Ben Fender. The ambassador the discussed the strengthening of bilateral relations, and the ambassador briefed the Parliament Speaker on the plight of Somalia. British Ambassador to Somalia Ben Fender OBE, Chairman of the House of the People

Deputy Prime Minister and Minister of Foreign Affairs H E Sheikh Mohamed bin Abdulrahman Al Thani has said that the State of Qatar will continue to be a key supporter of Somalia and will spare no effort in providing the necessary assistance for development plans and programmes of government of Somalia in partnership with the

Photo/Somali Times Mogadishu, The President of the Federal Republic of Somalia, Mohamed Abdullahi Farmajo, has held a welcoming meeting with World Bank officials who have come to the country to finalize Somalia’s debt repayment process. The meeting, which was part of the World Bank’s prestigious luncheon, was attended by the Prime Minister, Hassan Ali Khaire,

U.S. President Donald Trump poses for a photo with China’s President Xi Jinping before their bilateral meeting during the G20 leaders summit in Osaka, Japan, June 29, 2019. REUTERS/Kevin Lamarque U.S. President Donald Trump on Friday suggested he could sign a long-awaited trade agreement with China in the farm state of Iowa, which has been

Mevlut Cavusoglu’s remarks come at Organization of Islamic Cooperation (OIC) Somalia Contact Group meeting in Doha The Turkish foreign minister on Sunday said Somalia needs Turkey’s help to ensure political stability, to restructure national security forces and to create an environment that will allow economic development. Mevlut Cavusoglu’s remarks came at the Organization of Islamic

A man walks near a compound for Saudi Aramco in Jiddah, Saudi Arabia, Sunday, Nov. 3, 2019. Saudi Arabia formally started its long-anticipated initial public offering of its state-run oil giant Saudi Aramco on Sunday, which will see a sliver of the firm offered on a local stock exchange in hopes of raising billions of

President Uhuru Kenyatta at a past function [Source/ State House/Twitter] The family of President Uhuru Kenyatta is Sh2 billion richer after a surge in bank share prices. According to Business Daily Africa, the other beneficiaries are the family of former Central Bank governor Philip Ndegwa and Equity Group chief executive James Mwangi. The trio gained