China and Italy signed a memorandum of understanding (MoU) on cooperation within the framework of the Belt and Road Initiative (BRI) on Saturday. This makes Italy the first G7 nation to officially join the BRI. Chinese President Xi Jinping and Italian Prime Minister Giuseppe Conte exchanged views on bilateral relations and international and regional issues

President of the European Council Donald Tusk arrives to deliver a statement on Brexit ahead of the EU summit in Brussels, Belgium March 20, 2019. REUTERS/Toby Melville EU leaders will tell Theresa May on Thursday she can have two months to organise an orderly Brexit but Britain could face a hugely disruptive ejection from the

The Italian Government has signed an agreement for an additional €1 million contribution to the Multi-Partner Somalia Infrastructure Fund. Established by the Bank in October 2016, the Fund is one of the financing windows under the Somalia Development and Reconstruction Facility of the New Deal Compact for Somalia. It aims to support and accelerate Somalia’s

Britain’s Prime Minister Theresa May answers questions in the Parliament in London, Britain, March 20, 2019 in this screen grab taken from video. Reuters TV via REUTERS Prime Minister Theresa May asked for a three-month delay to Brexit on Wednesday to buy time to get her twice-rejected departure deal though parliament, but the request faced

The government is negotiating with China for a loan of about Sh370 billion to complete the third phase of the standard gauge railway. According to Kenya Railways Acting Director Philip Mahinga, the corporation is also holding talks to finance a system that will ensure the railway, its passengers, goods and equipment are secure as they

Finance Minister of Zimbabwe Mthuli Ncube, gestures during an interview with AFP at the World Economic Forum (WEF) annual meeting, on January 22, 2019, in Davos, eastern Switzerland. (Photo by Fabrice COFFRINI / AFP) The Zimbabwean government is set to privatize a number of state firms as part of efforts to cut spending and shore

Photo (AP) The British government was preparing Tuesday to ask the European Union for a delay of at least several months to Brexit after the speaker of the House of Commons ruled that Prime Minister Theresa May cannot keep asking lawmakers to vote on the same divorce deal that they have already rejected twice. Speaker

Ethiopian Prime Minister Abiy Ahmed arrived in Doha this morning on an official visit to Qatar. Upon arrival, he was received by Jassim bin Saif Al Sulaiti, Minister of Communications. During his visit, the Prime Minister meets with the Emir Sheikh Tamim bin Hamad al-Thani of Qatar to discuss bilateral relations and the prospects for

On the outskirts of Nairobi, vast tracts of agricultural land are seeing a new type of growth, as steel rods and concrete pillars set into the red earth reach into the Kenyan sky. More than 17,000 acres (6,900 hectares) of farmland that was home to coffee bushes and cattle is being turned into satellite cities

The former “failed state” needs to deliver on its promises if the bidding process is to be a success. The launch of a Somalian offshore licensing round at a London roadshow in February did much to showcase both the geological potential of the acreage on offer and the efforts being made by the fragile state’s