Business

Kenyan. All clear for oil production, President Kenyatta announces

President Uhuru Kenyatta today announced that the production of oil from the Turkana oilfields will start without any hindrance after an agreement was reached on the sharing of revenue.The President, said the revenue from oil will be shared on the basis of 75 percent for all Kenyans through the National Government, 20 percent to the

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Ethiopia Prime Minister in Saudi Arabia, first official trip outside Africa

Ethiopian Prime Minister Abiy Ahmed departed the country on Thursday for a state visit to Saudi Arabia. The trip is his first outside Africa after three visits to neighbouring countries.State-media EBC quoted a Spokesperson of Ministry of Foreign Affairs as confirming that the visit follows an invitation from King Salman bin Abdulaziz Al Saudi. During

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Somalia to establish first Internet Exchange Point

Mogadishu- Ministry of Post, Telecom and Technology is facilitating the establishment of Somalia’s first Internet Exchange Point  in Mogadishu Mogix The IXP will allow local Internet Service Providers  to connect their networks and exchange Internet traffic locally, providing high-bandwidth and low-latency access. Nisha Goburdhan, an IXP expert from Packet Clearing House , said a domestic

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Somalia, Turkey discuss ways to boost cooperation

Somalia Deputy Prime Minister, Mahdi Mohamed Guled held talks with his Turkish counterpart, Recep Akdeğ The leaders discussed wide range issues including education, bilateral relations, and cooperation.Mr Guleid who is in Ankara on tour of duty said he discussed with Akdağ on means to strengthen the relations between Somali and Turkish governments. “During my tour

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China aid people affected flood, 1.5 Million U.S Dollar to Somalia

Mogadishu- Somali Times Chinese Ambassador to Somalia,  Mr. Qin Jian has today on Monday handed over 1.5 Million U.S Dollar in Cash to Somali Minister of Foreign Affairs, Mr. Ahmed Isse Awad to help people affected by floods after handing over ceremony held at the Ministry in Mogadishu, Mr.Ahmed Awad , The Minister thanked People’s

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Somalia Ambassador presents his credentials to the Zimbabwean President

Harare-Somali Times  The President of the Republic of Zimbabwe, H.E. Emmerson Dambudzo Mnangagwa, received the Ambassador of the Federal Republic of Somalia to South Africa, His Excellency Mr. Jamal Mohamed Barrow, who presented his credentials as a non-resident ambassador of Somalia to Zimbabwe. The Ambassador conveyed the greetings of His Excellency President Mohamed Abdullahi Mohamed

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Qatar and Somalia common interests and resource aspirations

Doha-Somali Times The Amir Sheikh Tamim bin Hamad al-Thani today meets the visiting Somali President Mohamed Abdullahi Mohamed to discuss the distinguished fraternal relations between the two brotherly countries besides Arab and international issues of common concern.This is the Somalia  president’s Mohamed Abdullahi Mohamed second official visit to Qatar within a year.The meeting between the

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President of Somalia arrives in Doha today with a delegation

The President of the Federal Republic of Somalia, HE Mohamed Abdullahi Mohamed and the delegation led by President Mohamed arrived in Doha, capital of Qatar. The Presidential delegation accompanied by the delegation includes Ministers, MPs and senior diplomats from the Somali federal government. A statement from the office of the Somali President’s Media Office said

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Somalia: Currency Reform for the Central Bank of Somalia

The Central Bank of Somalia to issue a new national currency under Phase which will be limited to exchanging the counterfeit Somali shilling notes currently in circulation with new currency. Over the past two years the IMF has provided the Central Bank Somalia. with extensive technical assistance  to support the currency reform project. All preparatory

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Kenyatta: Continental free trade deal boosts Kenya, Djibouti partnership

President Uhuru Kenyatta Wednesday evening said the Africa Continental Free Trade Agreement offers Kenya and Djibouti opportunity to increase public and private partnerships towards better prosperity. President Kenyatta said the agreement provides solutions to remove bottlenecks that have traditionally hampered intra-Africa trade. The Head of State spoke at State House, Nairobi, when he and the

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