Kenya and Uganda recorded high inflation in the month of April as the effects of severe weather and high fuel prices took a toll on household and business spending. Uganda’s overall month-on-month inflation rose to 3.5 per cent in April from 3 per cent in March while Kenya saw the highest cost of living in

Tanzania is set to test its first, maiden, cheaper and very superior own funded electric train. The train will be Africa’s fastest at a speed of 160/h on the longest railway Speaking at a historic event to launch the flash butt welding of the Standard Gauge Railway (SGR) exercise that took place at Soga in

By Samuel Ramani From port competition to the Somaliland issue, China and the UAE’s conflicting interests in the region are not easy to reconcile. On April 26, Sheikh Mohammed bin Rashid al-Makhtoum, the ruler of Dubai, signed $3.4 billion in investment deals between the United Arab Emirates (UAE) and China. These contracts were hailed in

UK Foreign Secretary arrived in Ethiopia on Thursday 2 May, where he attended at the UNESCO World Press Freedom Day celebrations in Addis Ababa. United Kingdom’s Foreign Secretary Jeremy Hunt will be visiting Kenya today, Foreign and commonwealth office has announced. The Foreign Secretary is visiting Nairobi at the end of a five day tour

The UK-funded Energy Security and Resource Efficiency in Somaliland (ESRES) programme is giving more people across Somaliland access to affordable, clean and renewable energy. Through a phased approach, ESRES in partnership with the Somaliland’s Ministry of Energy and Minerals (MoEM) is addressing the high costs of electricity in Somaliland. The diversification of Somaliland’s energy mix,

Turkey is becoming one of world’s largest economies, and we should be pleased at its success, says former German president. Turkey is becoming one of the world’s largest economies, and this should be acknowledged, said a former German president on Monday.”My German friends probably will not be happy to hear this, but we must admit

Somalia’s Foreign Minister Ahmed Isse Awad yesterday stressed that his country will not enter into any alliance or bloc of any kind against Qatar and Turkey. Due to this, he said, a territorial group, comprising countries from the Red Sea, the Arabian Sea and the Gulf of Aqaba, is trying to exclude Somalia, confining it

Photo Reuters International Monetary Fund Managing Director Christine Lagarde said on Monday she expects the United States and China to reach a deal to end their trade dispute, which has unnerved financial markets and cast a shadow over the global economy.“I would say ‘Yes’,” Lagarde said at the Milken Institute Global Conference when asked whether

Photo (AP) Political uncertainty and volatile oil prices are weighing heavily on economic growth in the Middle East this year, according to a new report released Monday by the International Monetary Fund. The report, which looks at the economies of 23 countries spanning North Africa, the Levant, the Persian Gulf, but also Djibouti, Somalia, Afghanistan

Doha,Deputy Prime Minister and Minister of Foreign Affairs H E Sheikh Mohamed bin Abdulrahman Al Thani met yesterday with the Minister of Foreign Affairs and International Cooperation of the Federal Republic of Somalia, Ahmed Isse Awad, who is currently visiting the country. During the meeting, they discussed bilateral relations and means of developing them, in