Business

Putin aims to boost Moscow’s clout with Russia-Africa summit

Russian President Vladimir Putin, right, welcomes South Africa’s President, Cyril Ramaphosa on the sideline of the Black Sea resort of Sochi, Russia, Wednesday, Oct. 23, 2019. (Sergei Fadeyechev, TASS News Agency Pool Photo via AP) Russian President Vladimir Putin hosted dozens of leaders of African nations Wednesday for the first-ever Russia-Africa summit, reflecting Moscow’s new

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Russia Vows to Forgive Ethiopia’s Debts Amid Growing Push for Influence in Africa

Yegor Aleyev / TASS Russia hopes its debt forgiveness will expand opportunities for military and economic influence on the continent. Putin made the announcement on the eve of the first-ever Russia Africa Summit, which will bring more than 50 African leaders to Sochi on Oct. 23-24. Speaking with the state-run TASS news agency, Putin said

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Putin, Erdogan strike deal to remove Kurdish YPG from Syria border

Russian President Vladimir Putin shakes hands with Turkish President Tayyip Erdogan during a news conference following their talks in Sochi, Russia October 22, 2019. Sputnik/Alexei Druzhinin/Kremlin via REUTERS Syrian and Russian forces will deploy in northeast Syria to remove Kurdish YPG fighters and their weapons from the border with Turkey under a deal agreed on

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Somalia President arrives in Russia

Photo/Somali Times The President of the Federal Republic of Somalia, Mohamed Abdullahi Farmajo and his delegation arrived in Sochi, Russia on Friday, for the opening of the Russian-Africa Economic Forum. The summit, which runs from 23 to 24, will be filled by leaders of the countries, the African Union, investors and experts on the future

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KDF operations in Somalia paralysed as EU delays disbursement of funds

The Kenya Defense Forces operations in Somalia could be grounded in few months time due to delayed disbursement of funds by European Union, For the last three months, records reveal, EU has not been able to fulfill her financial obligations, with the burden now left to the government of Kenya despite the troops serving under

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Canada’s Trudeau wins 2nd term but loses majority

Liberal leader Justin Trudeau and wife Sophie Gregoire Trudeau wave as they go on stage at Liberal election headquarters in Montreal, Monday, Oct. 21, 2019. (Ryan Remiorz/The Canadian Press via AP) Prime Minister Justin Trudeau won a second term in Canada’s national elections Monday, losing the majority but delivering unexpectedly strong results despite having been

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Uhuru Kenyatta dims plan to build a refinery for Kenya crude Lamu Port

President Uhuru Kenyatta said Sunday that Kenya would use the Lamu Port to export crude from the Turkana oil fields, dimming plans of building a refinery at the facility. President Uhuru Kenyatta said Sunday that Kenya would use the Lamu Port to export crude from the Turkana oil fields, dimming plans of building a refinery

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Putin steps up push for influence in Africa with broadside against West

Russian President Vladimir Putin chairs a meeting on measures to eliminate consequences of the floods in the country’s Far East region, at the Novo-Ogaryovo state residence outside Moscow, Russia October 16, 2019. Sputnik/Alexei Druzhinin/Kremlin via REUTERS President Vladimir Putin stepped up Russia’s push for influence in Africa days before he hosts a summit with African

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Somali President Farmajo and his delegation are going to attend the Russian-Africa Cooperation Forum.

Photo/Somali Times Moscow, The President of the Federal Republic of Somalia, Mohamed Abdullahi Farmajo and his delegation have left for Russia to attend the Russian-Africa Cooperation Forum. The summit, which runs from 23rd to 24th, will be filled by leaders of the countries, the African Union, investors and experts on the future of bilateral relations,

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Somalia aims to reduce poverty, pump up infrastructure after debt erased

Photo/Somali Times Somalia will press ahead with poverty reduction efforts and a major regional ports and corridors initiative if international creditors forgive the country’s $5 billion debt this February, as expected, the country’s finance minister said on Sunday. Finance Minister Abdirahman Duale Beileh said he was heartened by progress made during discussions with officials from

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