Business

Somali foreign minister meets with Arab League Secretary General

Saudi Arabia-The Minister of Foreign Affairs of the Republic of  Federal Somalia, Mr Ahmed Issa Awad, and the President of the Federal Republic of Somalia, HE Mohamed Abdullahi Mohamed. The Minister of Information and the Secretary-General focused on the progress of the Somali Government in terms of security, security, economic and reconstruction. Somali Minister of

Read More

The Minister Air Aviation with delegation travel to Turkey

Istanbul – The Minister of Transport and Air Transport of Somalia Mr. Mohamed Abdullahi Salat “Omar” has Turkish Airlines’s Turkish Airlines flight headquarters in Istanbul. Minister Oomaar is committed to re-establishing the name and honor of the Somali Airlines . Mr Mohamoud Abdullahi Salad “Omar” and the delegation led by the Turkish Airlines CEO at

Read More

Mogadishu Mayor meets with Mayor of Ankara

Ankara – The Mayor of Mogadishu, Banadir region Mr Abdirahman Omar Osman talked with the Mayor of  Ankara Prof. Mustafa Tuna participated in the renovation of local government jobs in Benadir region. The Turkish Mayor, who has been in charge of some of the regional administrations and regions in the country, said the plan is

Read More

The Somali Finance minister is good example, economic growth

Moqadishu– Every government must work on the basis of the financial system and program funding for the community and other funding sources for development projects shared with interested countries or close friends of those governments. Somali government at this time was born into the desire of the community, succeeded in preparing and presenting a financial

Read More

Business mogul Dangote faults Kenya over corruption

Africa’s richest man Aliko Dangote has faulted Kenya’s leadership for their greed and persistent failure to place matters of national interest first when it comes to development. Speaking to a renowned Kenyan journalist Jeff Koinange, he shelved his plans to build a mega cement factory in Kenya after being put off by top decision makers

Read More

Agriculture Remains Key to Somalia’s Economic Growth and Poverty Reduction

The World Bank and the Food and Agriculture Organization  released on March 28 a new joint report titled, Rebuilding Resilient and Sustainable Agriculture in Somalia, outlining the challenges and opportunities for Somalia’s agriculture sector. According to the findings of the report, over the past three decades, Somalia’s livestock and crop subsectors have been buffeted by

Read More

Sudan, Qatar Sing $4 billion deal to develop Suakin Seaport

Sudan and Qatar on Monday signed a $4-billion agreement to develop the former Ottoman port city of Suakin in northeastern Sudan. “The agreement was signed in line with instructions of the leadership in both countries on the necessity to boost joint cooperation in the fields of transport and communications,” Sudanese Transport Minister Makkawi Awad told

Read More

Zimbabwe signs $4.2 billion platinum deal to overhaul mining sector

In a bid to transform its mining sector, Zimbabwe has signed a $4.2 billion deal with a Cypriot investor to develop a platinum mine and refinery in the country. Zimbabwe mines minister Winston Chitando who signed the agreement with Cyprus base Karo resources said work would start in July with the first output of platinum

Read More

Free Trade Pact Will Make Africa More Competitive – AU Chair

The African Union chairperson, President Paul Kagame, has said signing of the African Continental Free Trade Area Agreement and more intra-Afra trade will not lessen business with the rest of the world. Kagame made the remarks yesterday at the CFTA Business summit, held under the theme ‘Leveraging the Power of Business to Drive Africa’s Integration’,

Read More

Turkish government transfers Somalia to a land to build an embassy

Somalia’s ambassador to Turkey Mr Jama Said has said that five months ago, Turkey’s foreign affairs ministry was in charge of the land, and that was the time for the land assessment and law. The embassy in Somalia has a 5,000-square-meter two-inch jam in Inkk, opposite the University of Ufuk University in Ankara. Also, this

Read More