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

During his address, the prime minister said Pakistan does not face security issues now and now the country has to provide better conditions for investment. “Next year Pakistan Premier League matches will be held in Pakistan,” he said. The PM said that the new visa policies depict a new mindset. “Due to this mindset, people

Photo (AP) World stocks were mostly higher on Thursday as traders awaited a vote that could delay Britain’s March 29 exit from the European Union. In Europe, Britain’s FTSE 100 added 0.5 percent to 7,192.44 and France’s CAC 40 advanced 0.7 percent to 5,344.50. The DAX in Germany was 0.4 percent higher at 11,614.18. Wall

Tellers announce the results of the vote on Brexit in Parliament in London, Britain, March 13, 2019, in this screen grab taken from video. Reuters TV via REUTERS MPs on Wednesday overwhelmingly rejected leaving the European Union without a deal, paving the way for a vote to delay Brexit to seek a way out of

Photo (AP) President Donald Trump’s proposed budget issued on Monday calls for deep cuts in aid to Kenya as part of an overall rollback in US funding for many Africa-focused programmes. Support for development initiatives in Kenya will fall from the USD102 million provided in 2018 to USD43.5 million in accordance with Mr Trump’s spending

Somalia is seeking the services of a Nairobi-based currency expert seconded by the International Monetary Fund (IMF) as it looks to issue a new currency to replace its widely counterfeited shilling. The Horn of Africa state has not issued official currency notes since 1991 and is banking on a Sh4.1 billion ($41 million) donor-funded currency

Britain’s Prime Minister Theresa May speaks after the results of the vote on Brexit deal in Parliament in London, Britain, March 12, 2019. UK Parliament/Mark Duffy/Handout via REUTERS MPs crushed Prime Minister Theresa May’s European Union divorce deal on Tuesday, thrusting Britain deeper into crisis and forcing parliament to decide within days whether to back

British Prime Minister Theresa May meets with European Commission President Jean-Claude Juncker in Strasbourg, France March 11, 2019. REUTERS/Vincent Kessler/Pool Prime Minister Theresa May rushed to Strasbourg on Monday to seek a tweaked withdrawal deal from the European Union in a last-ditch effort to avoid another humiliating defeat in parliament of her plan to exit

South African President Cyril Ramaphosa makes his State of the Nation address in parliament, in Cape Town, South Africa, February 7, 2019. (Rodger Bosch, Pool via AP) A year after ruling party resolved to demote Ramat Gan mission to ‘liaison office,’ President Ramaphosa notes ‘responsibility to continue engaging with all parties to the conflict’ South

Turkey’s purchase of S-400 missile defense system from Russia has “nothing to do” with NATO, F-35 fighter jets or security of the U.S., but it is rather about the country’s independence in terms of making its own regional decisions, President Recep Tayyip Erdoğan said Saturday. “Everyone knows that this issue has nothing to do with