Latest NewsWorld Bank to provide over 2 bln USD in renewed development financing to Uganda
Uganda will receive more than two billion U.S. dollars in new concessional financing from the World Bank over the next three financial years to support the East African country’s
Read MoreFormer French President Sarkozy starts 5-year prison sentence
Former French President Nicolas Sarkozy leaves his house with his wife Carla Bruni-Sarkozy on the day of his incarceration at the Sante prison to begin his five-year prison sentence for criminal
Read MorePresident Ahmed Madobe says Jubaland Intelligence is ahead of Somalia spy agency NISA in obtaining information
File Photo/Somali Times President Ahmed Mohamed Islam Madobe has strongly stated that the Jubaland Intelligence and Security Agency (JISA) is now the most powerful and knowledgeable agency in
Read MoreUS bank rout prompts deal speculation as credit worries loom
By Reuters Jitters around U.S. banks’ exposure to loan losses have fueled expectations for more mergers and acquisitions as big buyers may be spurred to look to absorb smaller or weaker
Read MoreTrump announces end to US aid for Colombia, calls president ‘a lunatic’
By Anadolu Agency US President Donald Trump said Sunday that his administration would end all financial aid to Colombia and impose tariffs on the South American country, accusing its government
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World Bank to provide over 2 bln USD in renewed development financing to Uganda
Uganda will receive more than two billion U.S. dollars in new concessional financing from the World Bank over the next three financial years to support the East African country’s
Read MoreFormer French President Sarkozy starts 5-year prison sentence
Former French President Nicolas Sarkozy leaves his house with his wife Carla Bruni-Sarkozy on the day of his incarceration at the Sante prison to begin his five-year prison sentence for criminal
Read MorePresident Ahmed Madobe says Jubaland Intelligence is ahead of Somalia spy agency NISA in obtaining information
File Photo/Somali Times President Ahmed Mohamed Islam Madobe has strongly stated that the Jubaland Intelligence and Security Agency (JISA) is now the most powerful and knowledgeable agency in
Read MoreUS bank rout prompts deal speculation as credit worries loom
By Reuters Jitters around U.S. banks’ exposure to loan losses have fueled expectations for more mergers and acquisitions as big buyers may be spurred to look to absorb smaller or weaker
Read MoreTrump announces end to US aid for Colombia, calls president ‘a lunatic’
By Anadolu Agency US President Donald Trump said Sunday that his administration would end all financial aid to Colombia and impose tariffs on the South American country, accusing its government
Read More
Featured ArticlesWorld Bank to provide over 2 bln USD in renewed development financing to Uganda
Uganda will receive more than two billion U.S. dollars in new concessional financing from the World Bank over the next three financial years to support the East African country’s
World Bank to provide over 2 bln USD in renewed development financing to Uganda
Uganda will receive more than two billion U.S. dollars in new concessional financing from the World Bank over the next three financial years to support the East African country’s
EDITOR’S PIC OF THE WEEKKQ suspends flights to Bangkok, Mogadishu and Djibouti over coronavirus
Earlier, Kenya Airways’s CEO Allan Kilavuka agreed to a 35 per cent pay cut to reduce costs in a bid to optimise operations. Also, daily flights from Nairobi to Kigali Rwanda has been
Read MoreLearning Turkish is now more popular in Somalia
Ties between Turkey and Somalia flourished in recent years with expanded diplomatic efforts. (Shutterstock Photo) By Daily Sabah with Anadolu Agency The growing interest in the Turkish language
Read MoreUganda cancels $2.2bn SGR contract with Chinese firm, signs with Turkish company
A cargo train at the Naivasha Inland Container Depot in Kenya By The East African After eight years of non-execution, the Uganda government has terminated the contract of China Harbour
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KQ suspends flights to Bangkok, Mogadishu and Djibouti over coronavirus
Earlier, Kenya Airways’s CEO Allan Kilavuka agreed to a 35 per cent pay cut to reduce costs in a bid to optimise operations. Also, daily flights from Nairobi to Kigali Rwanda has been
Read MoreLearning Turkish is now more popular in Somalia
Ties between Turkey and Somalia flourished in recent years with expanded diplomatic efforts. (Shutterstock Photo) By Daily Sabah with Anadolu Agency The growing interest in the Turkish language
Read MoreUganda cancels $2.2bn SGR contract with Chinese firm, signs with Turkish company
A cargo train at the Naivasha Inland Container Depot in Kenya By The East African After eight years of non-execution, the Uganda government has terminated the contract of China Harbour
Read More
Blog PostsU.S., Russia hold fresh talks in Istanbul on restoring diplomatic missions
A vehicle carrying U.S. delegates prepares to enter the Russian consulate in Istanbul, Türkiye, April 10, 2025. U.S. and Russian delegations met in Istanbul on Thursday for a second round of
Oil retreats as US-China trade war escalates
The crude oil tanker Pink Stars is moored to a single point mooring (SPM) at the Caspian Pipeline Consortium’s Marine Terminal in Yuzhnaya Ozereevka near the Black Sea port of Novorossiysk,
Global markets tumble as VIX hits 5-year high, gold surges on safe-haven demand
By Anadolu Agency Global markets reeled on Wednesday under intense selling pressure, with the Volatility Index (VIX) — often dubbed the “fear index” — surging to its
America’s first national online community college founded by a Nigerian has raised $100m to offer affordable higher education
Tade Oyerinde launched Campus in 2022. Photo: TechCrunch By Face2Face Africa Tade Oyerinde, founder and chancellor of Campus, has always believed that top-tier education shouldn’t come with
China moves swiftly to stabilize markets amid global financial turbulence
This photo taken on Oct. 8, 2024 shows the Shenzhen Stock Exchange in Shenzhen, south China’s Guangdong Province. Photographer Liang Xu By Xinhua News Agency In the face of global financial
Kremlin says Russia is ready to do all it can to help resolve US-Iran nuclear tensions
A 3D-printed miniature model of Donald Trump and the U.S. and Iran flags are seen in this illustration taken January 15, 2025. Reuters/Dado Ruvic/Illustration/File Photo By Reuters The Kremlin
Trump calls tariffs ‘medicine’ amid market turmoil
By Anadolu Agency US President Donald Trump described tariffs as “medicine” for addressing the country’s trade deficit with many countries. “I don’t want anything to go down,
US revokes all South Sudan visas over failure to repatriate citizens
U.S. Secretary of State Marco Rubio boards a plane after attending the NATO meeting in Brussels, Belgium, April 4, 2025. Jacquelyn Martin/Pool via Reuters/ File Photo By Reuters The U.S. said on
Somalia President meets Ugandan dictator Yoweri Museveni for advice
File Photo/Somali Times Uganda’s President Yoweri Museveni, who has been in power since 1986, is turning into an dictator, bent on silencing the opposition and suppressing the media in
Farmajo says arrest of the chairman of the people’s political organization is a reflection of the political direction taken by Hassan Sheikh
File Photo/Somali Times Former Somalia President Mohamed Abdullahi Farmajo has strongly condemned the arrest in Mogadishu of the chairman of the People’s political organization Abdirahman
U.S., Russia hold fresh talks in Istanbul on restoring diplomatic missions
A vehicle carrying U.S. delegates prepares to enter the Russian consulate in Istanbul, Türkiye, April 10, 2025. U.S. and Russian delegations met in Istanbul on Thursday for a second round of
Oil retreats as US-China trade war escalates
The crude oil tanker Pink Stars is moored to a single point mooring (SPM) at the Caspian Pipeline Consortium’s Marine Terminal in Yuzhnaya Ozereevka near the Black Sea port of Novorossiysk,
Global markets tumble as VIX hits 5-year high, gold surges on safe-haven demand
By Anadolu Agency Global markets reeled on Wednesday under intense selling pressure, with the Volatility Index (VIX) — often dubbed the “fear index” — surging to its
America’s first national online community college founded by a Nigerian has raised $100m to offer affordable higher education
Tade Oyerinde launched Campus in 2022. Photo: TechCrunch By Face2Face Africa Tade Oyerinde, founder and chancellor of Campus, has always believed that top-tier education shouldn’t come with
China moves swiftly to stabilize markets amid global financial turbulence
This photo taken on Oct. 8, 2024 shows the Shenzhen Stock Exchange in Shenzhen, south China’s Guangdong Province. Photographer Liang Xu By Xinhua News Agency In the face of global financial
Kremlin says Russia is ready to do all it can to help resolve US-Iran nuclear tensions
A 3D-printed miniature model of Donald Trump and the U.S. and Iran flags are seen in this illustration taken January 15, 2025. Reuters/Dado Ruvic/Illustration/File Photo By Reuters The Kremlin
Trump calls tariffs ‘medicine’ amid market turmoil
By Anadolu Agency US President Donald Trump described tariffs as “medicine” for addressing the country’s trade deficit with many countries. “I don’t want anything to go down,
US revokes all South Sudan visas over failure to repatriate citizens
U.S. Secretary of State Marco Rubio boards a plane after attending the NATO meeting in Brussels, Belgium, April 4, 2025. Jacquelyn Martin/Pool via Reuters/ File Photo By Reuters The U.S. said on
Somalia President meets Ugandan dictator Yoweri Museveni for advice
File Photo/Somali Times Uganda’s President Yoweri Museveni, who has been in power since 1986, is turning into an dictator, bent on silencing the opposition and suppressing the media in
Farmajo says arrest of the chairman of the people’s political organization is a reflection of the political direction taken by Hassan Sheikh
File Photo/Somali Times Former Somalia President Mohamed Abdullahi Farmajo has strongly condemned the arrest in Mogadishu of the chairman of the People’s political organization Abdirahman