Business

UAE, Moscow sign agreement

Moscow: His Highness Sheikh Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and the President of the Russian Federation Vladimir Putin on Friday discussed the cooperation and friendship ties between the two countries along with an array of regional and international issues of common

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Italy commits $1.2 million to the Somalia Infrastructure Fund

  The African Development Bank has participated in a signing ceremony that occasioned Italy’s contribution of €1 million to the Somalia Infrastructure Fund.The ceremony was witnessed by Albert Mafusire, the African Development Bank’s Principal Country Economist for Somalia, who represented the Bank’s Deputy Director General for East Africa and Country Manager for Somalia, Nnenna Nwabufo;

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Mozambique, UK firm sign power generation agreement

The Government of Mozambique has signed a Memorandum of Understanding with Great Lakes Africa Energy to generate electric power using natural gas for domestic use at an estimated value of US $400 million. The agreement signed last Friday in Maputo, Mozambique with GLAE, a United Kingdom registered Pan African energy solutions provider, will involve the

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Pakistan, Somalia sings agreement US 10. 5 million dollar for ID system

ISLAMABAD-Prime Minister Shahid Khaqan Abbasi Wednesday witnessed signing of an agreement between Pakistan and Somalia for grant of US$ 10.5 million and provision of technical assistance for development of Somalia’s National Identification System. The signing ceremony here at the Prime Minister Office was attended by Minister for Finance Miftah Ismail, Special Assistant to Prime Minister

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Somali government and UN appeal for $80 million for flood victims following heaviest rainfall

Mogadishu – The humanitarian branches of the Federal Government of Somalia and the United Nations today launched an appeal for $80 million to provide immediate help for people affected by recent flooding in the country’s centre and south – resulting from the heaviest rainfall experienced in Somalia in more than three decades. The appeal falls

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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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