The President of Somalia, Mohamed Abdullahi Farmajo, who was warmly welcomed by the Council of the Emir of Qatar, met today with the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani. President Mohamed Farmajo and EmirTamim discussed a number of issues related to the future of bilateral relations and common interests in regional stability

Coins and banknotes of China’s yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration/File Photo By Reuters The Moscow branch of a Chinese state bank has seen a surge in enquiries from Russian firms wanting to open new accounts, a person familiar with the matter said, as the country’s businesses struggle

Trucks transport oil from Turkana to Mombasa under the Early Oil Pilot Scheme By Business Daily Africa Canadian oil explorer Africa Oil, which holds a 25 percent stake in Turkana exploration venture, has run out of cash to fund production in South Lokichar Basin, making it the latest blow to Kenya’s petrodollar dream. The firm

In this photo provided by the New York Stock Exchange, specialist Thomas McArdle, right, works at his post on the trading floor, Tuesday, March 1, 2022. Stocks fell following a volatile day for major indexes as investors tried to measure how the conflict will impact the global economy. (Courtney Crow/New York Stock Exchange via AP)

A 3D printed oil pump jack is seen in front of displayed stock graph and “Oil Stocks” words in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration/Files By Reuters Crude oil jumped while the rouble plunged nearly 30% to a record low on Monday after Western nations imposed tough new sanctions on Russia for its

Pound and U.S. dollar banknotes are seen in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration By Reuters Sterling fell to its lowest this month against the dollar and was set for its worst day since November on Thursday as investors rushed into safe-haven assets after Russia launched an all-out invasion of Ukraine. NATO said

A currency trader talks on the phone at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Feb. 24, 2022. Asian stock markets followed Wall Street lower Thursday as anxiety about a possible Russian invasion of Ukraine rose. (AP Photo/Ahn Young-joon) By Associated Press World stock markets plunged

President Uhuru Kenyatta with World Bank Country Director for Kenya Keith Hansen. By Business Daily Africa World Bank and the International Monetary Fund (IMF) have stepped up lending to Kenya over the past three years, which has seen Chinese loan deals reduce, firming the grip of Bretton Woods institutions on East Africa’s biggest economy. Data

Olugbenga Agboola is the Co-founder and CEO of San Francisco and Lagos-based Flutterwave. Photo credit: Shoppe Black Face2Face Africa By Abu Mubarik Nigerian fintech startup Flutterwave has reached a $3 billion valuation after raising $250 million in its single-biggest funding round to date. The latest valuation makes it the “highest valued” African startup, it said.

By Anadolu Agency Leaders from the European Union and African Union agreed on Friday to renew their partnership and launch a €150 billion ($170 billion) worth investment package. The European Union-African Union Summit is “something different,” an “opportunity for us to lay the groundwork for a renewed partnership,” Charles Michel, president of the European Council,