Thursday, February 29, 2024
Wardheer News

Kenya Airways Cargo Launches Sharjah-Mogadishu Flights

Kenya Airways Cargo have recently announced launched new flights between Sharjah and Mogadishu, as demand for their services grow. Flights between Sharjah and Mogadishu through Kenya Airways Cargo began on February 9 and will operate initially on a weekly basis. Then, by April … Continued

Dismantling al-Shabaab Finances a Tough Task For Somalia

More than a dozen bombings in and around Somalia’s capital, Mogadishu, in November and December 2023 revealed a clear pattern — telecommunications company Hormuud Telecom was being targeted. Bombs killed at least three employees and destroyed offices, communications towers and … Continued

Somalia Has Just Opened Its 1st MRO Facility In Over 3 Decades

On Wednesday, January 31, Somalia, through its Ministry of Transport and Aviation, officially inaugurated a new Maintenance, Repair, and Overhaul (MRO) facility at Aden Adde International Airport (MGQ) in the capital of Mogadishu. This is the first MRO facility to be opened … Continued

Kenyan, Ethiopian Cut Flowers to Face More Scrutiny in EU

Nairobi — Cut rose flowers from Kenya and Ethiopia face more scrutiny in order to access the European Union (EU) market. According to the Fresh Produce Exporters Association of Kenya (FPEAK), local flowers will undergo an increased check of up … Continued

IMF Staff Completes 2023 Article IV Mission to Djibouti

Djibouti City, Djibouti: An International Monetary Fund (IMF) team, led by Joyce Wong, visited Djibouti on January 14-25. At the end of the mission, Ms. Wong made the following statement: “Djibouti’s concerted investments in logistics during the last decade have delivered … Continued

IMF approves new $941m loan for cash-strapped Kenya

Kenya is grappling with a host of economic challenges including a vast debt mountain, cost of living crisis and tumbling currency. The IMF said in a statement published on Wednesday that its executive board had approved the $941.2 million loan, … Continued

Shilling officially crosses 160 mark against US dollar

The shilling has officially crossed the 160 units points against the US dollar, the lowest level on record. On Monday, the Central Bank of Kenya (CBK) quoted the local currency trading at 160.23 units against the greenback, compared to 159.85 … Continued

Why Ethiopia’s Red Sea Port Deal With Somaliland Has Somalia On Edge

By Fasika Tadesse and Mohamed Omar Ahmed Ethiopia has been landlocked since 1993, when Eritrea gained independence after a three-decade war, leaving it reliant on its neighbors’ ports. In 2023, Prime Minister Abiy Ahmed identified regaining ocean access as a strategic objective and warned that failure to … Continued