Addis Abeba ( Addis Standard) – Prime Minister Abiy Ahmed announced that Ethiopia will soon begin supplying domestically produced gas to the market for the first time in the country’s history. Speaking during the 42nd regular session of the House of Peoples’ Representatives, the Prime Minister said the government, following the 2018 political reform, signed...
Galkacyo (WDN)– Puntland President Said Abdullahi Deni has officially confirmed that Garacad Port will be handed over to a United Arab Emirates-based company as part of a major investment deal aimed at expanding regional trade and infrastructure. “The Garacad Port, which holds strategic economic significance for Puntland, has been under technical negotiations for some time,”...
Galkayo (WDN)-Women who operate small businesses in Galkayo’s main market took to the streets on Saturday to protest what they describe as forced evictions by the city’s municipal government. The demonstrators, many of whom rely on street vending for their livelihoods, blocked the central highway in Galkayo, effectively halting traffic in the heart of the...
Garowe (WDN– In a significant step toward improving urban infrastructure and public health, the Municipality of Garowe and the construction firm TTN officially signed a landmark agreement to kickstart the long-anticipated Water Drainage Project for the capital city of Puntland. The agreement, which marks the beginning of the project’s first phase, was hailed by local...
By Ali Jama’a License Breaches and Unfair Advantage Ziraat Katilim operates under a restricted license in Somalia—one that expressly prohibits banking services to retail customers, micro-enterprises, and small enterprises. Despite this, evidence suggests the bank has flouted these limits, onboarding customers it is legally barred from serving. The Central Bank of Somalia mandates that all...
US President Donald Trump’s top Africa envoy laid the groundwork this week for a minerals deal in DR Congo.But any deal between Washington and Kinshasa is dependent on the US helping to negotiate peace in the African nation’s troubled eastern region, according to two people who were present for some of the meetings. After the...
JOHANNESBURG (Reuters) – Pressure from U.S. aid freezes and global trade tension is unlikely to result in widescale credit downgrades in Africa, Fitch Ratings said on Thursday. The impact of tariffs on Africa is limited, Fitch said, due to the region’s export composition and weaker integration into global supply chains compared to a region such as Asia....
(ERGO) – Six months after opening a men’s clothing store in the Somali capital Mogadishu, Mohamed Omar Hussein is proud to manage the lives of his four siblings and mother. His new venture has transformed their circumstances, providing stability and hope. Mohamed now ensures three meals a day, covers rent, and funds his brothers’ education through...
By Abdiqani Haji Abdi In recent years, global policymakers have championed National Transformation Development Plans (NTPs) as blueprints for middle-income nations like Kenya, Tanzania and Malaysia to leapfrog into prosperity. For Somalia, however—a country still navigating the complexities of statehood after three decades of conflict—the allure of such sweeping strategies risks becoming a distraction. While...
ADDIS ABABA (Xinhua) — Africa’s gross domestic product (GDP) growth is projected to rebound, reaching 3.8 percent in 2025 and 4.1 percent in 2026, a report by the United Nations Economic Commission for Africa (UNECA) has revealed. The report was released Wednesday in Addis Ababa, the capital of Ethiopia, during the 57th session of the...