Business

Somalia, President in Addis Ababa heads of state summit African Union

Adis Ababa ,The President of the Federal Republic of Somalia, HE Mohamed Abdullahi Mohamed and the today attended a ceremony marking the 50th Anniversary of the establishment of the African Union Mission in Somalia.African Union Summit, which opens tomorrow in the catalysing presented as a lasting solution to the problem of refugees and international and

Read More

Somalia’s Police strengthened with support from the UN, International Community

Mogadishu, Somalia’s Joint Police Program (JPP) received a funding boost of 8 million Euros yesterday, under a partnership between Germany and the United Nations in Somalia. Implemented by the Federal Government of Somalia in close cooperation with the Federal Member States, the UN and other international partners, the JPP is currently underway in the Federal

Read More

Somali Petroleum minister denies oil blocks sell

Somalia’s petroleum ministry is being accused of attempting to illegally auction off the country’s oil blocks, the upper house of parliament has noted. The petroleum minister, Abdirashid Mohamed Ahmed, who denies that any bidding will take place is due to attend an event in London on Thursday where he says the results of seismic surveys

Read More

Noordin Haji focuses on 5 banks, officials in Sh8bn NYS scam

Kenya’s top public prosecutor says he is focusing on five banks and bank officials linked to shady transactions involving Sh8 billion looted from the National Youth Service. Mr Noordin Haji on Thursday said he had appointed a team of prosecutors to review the findings of crime busters at the Directorate of Criminal Investigations (DCI). SH3.7

Read More

German factory production slips, raising new economic fears

German factory production declined unexpectedly in December, increasing concerns about the weakening of Europe’s largest economy. The Federal Statistical Office said Thursday industrial production dropped 0.4 percent in December over the month before, when adjusted for seasonal and calendar factors. On Wednesday, the office reported factory orders also slipped. In both cases, economists had been

Read More

Rwanda signs $400 million deal to produce methane gas from “Killer Lake”

Rwanda said on Tuesday it had signed a $400 million deal to produce bottled gas from Lake Kivu, which emits such dense clouds of methane it is known as one of Africa’s “Killer Lakes”. The project by Gasmeth Energy, owned by US and Nigerian businessmen and Rwandans, would suck gas from the lake’s deep floor

Read More

Turkey okays extended force deployment in Gulf of Aden

Turkey’s parliament on Tuesday approved the extension of Turkish forces serving in the strategic areas of the Gulf of Aden, Somalia, and the Arabian Sea. Parliament ratified a motion extending authorization of the deployment through Feb. 10, 2020. Since it was first approved by parliament in 2008, the motion for the deployment has been extended

Read More

British PM May to visit Brussels in search of a Brexit deal

Photo Reuters Britain’s Prime Minister Theresa May Prime Minister Theresa May will travel to Brussels on Thursday to tell European Union leaders they must accept legally binding changes to the Irish border arrangements of Britain’s divorce deal or face the prospect of a disorderly no-deal Brexit. The United Kingdom is due to leave the EU in just

Read More

Why half of Nairobi’s Sh437m CCTV cameras are not working

Most surveillance CCTV cameras installed in Nairobi City centre are not working, a senior county official has revealed. Nairobi County Roads and Public Works Chief Officer Fredrick Karanja said that most of the 42 CCTV cameras installed in the Central Business District at a cost of Sh437 million malfunctioned and the county cannot repair them.

Read More

Afghanistan lacks pilots, engineers to handle Black Hawk ‘copters, U.S. watchdog warns

Photo Reuters The United States risks providing Afghanistan with state-of-the-art Black Hawk helicopters that the country’s embattled air force does not have the pilots to fly nor the engineers to maintain, a U.S. watchdog said on Tuesday. The warning, by the U.S. Special Inspector for Afghanistan Reconstruction (SIGAR), comes amid widespread fears that the Afghan

Read More