By Abdiqani Haji Abdi Somalia’s financial services and telecommunications sectors have emerged as rare success stories in the country’s post-collapse recovery, demonstrating remarkable resilience and innovation despite decades of institutional challenges. While these private sector industries have achieved sustained growth – with mobile money penetration now among Africa’s highest and new financial technologies reaching previously...
The Oruç Reis seismic exploration vessel is currently on its way back to Türkiye and is expected to arrive in early July after successfully completing its first intercontinental mission in Somali waters, the Energy and Natural Resources Ministry said on Monday. The seismic vessel, developed with domestic resources, began its return journey, departing from the...
URUMQI (Xinhua) – Scientists from northwest China’s Xinjiang Uygur Autonomous Region are working to help African countries transform the sandy regions into greener, arable land with more trees and productive agricultural practices. By leveraging smart technologies, indigenous Chinese expertise and a dual commitment to sand control and economic growth, they aim to establish sustainable ecosystems...
KIBERA, Kenya (AP) — Dotting the roadside in what is widely considered Africa’s largest urban slum are typical stands selling vegetables. What isn’t typical is their acceptance of bitcoin as a form of payment. Around 200 people use bitcoin in Soweto West, a neighborhood of the Kibera slum in Kenya ‘s capital. It’s part of an initiative to extend...
ISTANBUL – China and 53 African nations, along with the African Union Commission, on Wednesday called on the US to return to trade talks based on “equality, respect and mutual benefit,” urging a shift from protectionist tariffs to multilateral dialogue. The appeal came in the China-Africa Changsha Declaration on Upholding Solidarity and Cooperation of the Global...
Garowe, (WDN)- At a ceremony in Garowe marking the opening of a newly completed bridge—expected to significantly ease transportation and improve connectivity—President Said Abdullahi Deni, surrounded by senior officials and dignitaries, used the occasion not only to celebrate the infrastructure milestone but also to deliver a sharp rebuke. “We will never accept projects tainted by...
Garowe (WDN)- Opposition to President Said Abdullahi Deni is growing steadily across Puntland, as public frustration mounts over his administration’s failures and authoritarian leadership style. Now in his seventh year at the helm, President Deni is facing increasing criticism for economic stagnation, high inflation, widespread unemployment, and a deepening disconnect from both the public and...
(ERGO) – Local elders in central Somalia’s Galgadud region have activated a traditional mechanism to restock the herds of families whose livestock died in the harsh drought by collecting animals from more fortunate pastoralists. Yusuf Mohamed Hassan’s family of 10 is recovering from severe hardship after receiving 40 goats at the end of March. “When we...
By Hussien Mohamed Yusuf Recently, during a meeting with several NGOs working in the cross-border areas of Somalia and Kenya, we deliberated on livelihoods and natural resource management. It was a typical technical session—discussions on resilience, climate adaptation, and local livelihoods—until one participant from the Gedo region of Somalia shared a deeply disturbing set of...
ABIDJAN, Reuters) – Former Mauritanian Finance Minister Sidi Ould Tah has been elected president of the African Development Bank (AfDB), the lender said on Thursday, after a poll during the bank’s annual meeting in Ivory Coast. He will replace Akinwumi Adesina, a Nigerian economist who will step down in September after completing the maximum two...