Business

Kenya: Dam projects costing govt more than they should: report

Photo/Daily Nation/A deserted construction site at Itare Dam in Kuresoi South, Nakuru County. A parliamentary committee has warned that the government risks not getting value for the Sh120 billion invested in the construction of eight dams across the country. It has emerged that some of the projects are way behind schedule while others stalled after

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Somalia now seeking Turkey, Eritrea support

Photo/Somali Times Somalia is negotiating with Turkey and Eritrea for deployment of their military commanders and supply of equipment for the war against Al-Shabaab when the African peacekeepers under Amisom, finally withdraw in 2021. But the deployment can only be bilateral with the approval of the United Nations Security Council, which despite ordering the phased

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‘Number of Turkish embassies in Africa rises from 12 to 42′

Total of 10,480 African students graduate from Turkish universities so far, President Erdogan says Turkish President praised Saturday the high-level bilateral relations between Turkey and Africa. “As a result of our efforts, we have brought up Turkey-Africa relations to a level that could not have been even imagined 15 years ago,” Recep Tayyip Erdogan said

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UK PM Johnson says there’s little appetite in the EU for further delay

Britain’s opposition Labour Party Leader Jeremy Corbyn listens as Britain’s Prime Minister Boris Johnson speaks at the House of Commons as parliament discusses Brexit, sitting on a Saturday for the first time since the 1982 Falklands War, in London, Britain, October 19, 2019, in this screen grab taken from video. Parliament TV via REUTERS British

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IMF, World Bank leaders appeal for an end to trade wars

World Bank President David Malpass walks to the podium before he speaks at the opening ceremony of the World Bank/IMF Annual Meetings in Washington, Friday, Oct. 18, 2019. (AP Photo/Jose Luis Magana) The leaders of the International Monetary Fund and the World Bank appealed to their 189 member countries on Friday to resolve widening disagreements

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Britain clinches Brexit deal, Johnson now faces parliament challenge

FILE PHOTO: A passenger bus passes a pro-Brexit demonstration in Westminster, London, Britain, September 30, 2019. REUTERS/Peter Nicholls/File Photo Britain clinched a last-minute Brexit deal with the European Union on Thursday, but still faced a challenge in getting it approved by parliament. “Where there is a will there is a deal – we have one.

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Benadir Governor Meets European Union Ambassador to Somalia

Photo/Somali Times Mogadishu, Banadir Governor and Mogadishu mayor Omar Mohamud Mohamed (Filish) met with the European Union Ambassador to Somalia Nicolas Berlanga at the Center House in Mogadishu. The Commissioner shared with the European Union Ambassador to Somalia the progress made in the region, in the reconstruction efforts and initiatives of for the Benadir Administration.

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Turkey’s humanitarian diplomacy in Somalia: From past to present

Photo/Somali Times Turkey’s humanitarian and development aid to Somalia is the backbone of the strong friendship between the two historically close allies President Recep Tayyip Erdoğan visited Somalia with his family in 2011, when he was the prime minister, and took important steps eight years ago to ensure lasting peace in the region. Following that

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Kenya debt passes Sh5.9 trillion mark

Kenya’s total public debt load edged closer to the Sh6 trillion mark in the first week of this month even as it emerged that 44 new foreign loan agreements have recently been put before Parliament for approval, or are under negotiation. Total domestic debt is at Sh2.836 trillion while the total external public liability was

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Prince William and wife Kate meet Imran Khan, Pakistan’s PM and friend of Diana

Britain’s Prince William, Catherine, Duchess of Cambridge and Pakistan’s Prime Minister Imran Khan pose after a meeting in Islamabad, Pakistan October 15, 2019. REUTERS/Peter Nicholls Britain’s Prince William and his wife Kate on Tuesday met Pakistan’s Prime Minister Imran Khan, a former international cricket star who the prince played cricket with in London as a

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