Business

Somali Foreign Minister meets State Minister for Foreign and Commonwealth Office of the United Kingdom

The Minister of Foreign Affairs and International Cooperation, Ahmed Isse Awad, met on Wednesday in London with the State Minister for Foreign and Commonwealth Office of the United Kingdom, Harriett Baldwin. During the meeting, they discussed bilateral relations and means of developing strategic cooperation in various fields and enhancing efforts aimed at establishing security and

Read More

50,000 Ethiopian were employed to work in UAE

Ethiopian Prime Minister, Abiy Ahmed, said the government signed an agreement with the United Arab Emirates to employ 50,000 workers in Ethiopia in 2019 and year 2020. Abiy Ahmed said was referring to parliamentarians in his country, and noted that the goal of which is to send 50,000 Ethiopian workers to the United Arab Emirates,

Read More

Japan says it won’t talk or retract export rules on S. Korea

Japan’s Chief Cabinet Secretary Yoshihide Suga speaks during a press conference at the prime minister’s official residence in Tokyo Tuesday, July 9, 2019. Japan said it has no plans to retract its tightened control on high-tech exports to South Korea, saying it involves Japanese internal policy review. Suga said the review was necessary to appropriately

Read More

Ghana to host African Continental Free Trade Area Secretariat

The Assembly of Heads of State and Government of the African Union (AU) has selected Ghana as the host country for the Secretariat of the African Continental Free Trade Area (AfCFTA). The decision was announced yesterday at the 12th AU Extraordinary Summit held in Niamey, Niger, after Ghana beat off competition from countries including Egypt,

Read More

African leaders to launch ‘historic’ free trade deal

Photo/AFP / ISSOUF SANOGO/Nigerian President Muhammadu Buhari signs onto the landmark African trade deal at the AU summit in Niamey African nations will officially launch a landmark trade agreement at an African Union summit in Niger on Sunday, with the long sought-after agreement hailed as a historic step towards “peace and prosperity” across the continent.

Read More

‘Djibouti parliament built with Iranian fund, debts unpaid’

Many foreign governments and purchasers are in debt to the Export Guarantee Fund of Iran (EGFI), including Djibouti that its parliament has been financed and constructed by Iranians, the EGFI chairwoman has said. In an interview with Tasnim published on Tuesday, Afrooz Bahrami said foreign customers and governments make up for around 70 percent of

Read More

Somalia grateful to Turkey for assistance: ex-PM

Photo/Facebook former Prime Minister Ali Mohamed Gedi. Politician says Turkey pioneered support for Somalia during 2011 famine Somalia is grateful to the Turkish government for its contributions over the years in infrastructure development and humanitarian aid, said former Prime Minister Ali Mohamed Gedi.“Turkey is a very friendly and brotherly country. Somalia is grateful for its

Read More

United States to Partially Restart Programs with Somali National Army

United States Mission to Somalia The United States will partially resume the provision of security assistance to non-mentored units of the Somali National Army (SNA). This resumption will be implemented on a pilot basis with a unit taking part in critical transition operations in Lower Shabelle. On the basis of internal reforms made by the

Read More

Uganda has excess cane, but govt says it’s not selling to Kenya

Uganda has blocked a request to export excess sugar cane from outgrowers in Busoga region to Kenya. Farmers say they have an overproduction of some 500,000 tones of sugar that processors are unable to absorb but the Minister for Trade, Industry and Co-operatives Amelia Kyambadde says the surplus is only temporary and should not cause

Read More

OPEC extends oil production cuts amid weaker demand outlook

Khalid Al-Falih, Minister of Energy, Industry and Mineral Resources of Saudi Arabia arrives for a meeting of the Organization of the Petroleum Exporting Countries, OPEC, and non OPEC members at their headquarters in Vienna, Austria, Monday, July 1, 2019. (AP Photo/Ronald Zak) OPEC on Monday decided to extend its deal to cut production for another

Read More