By Luke Anami, Nation The election of President Hassan Sheikh Mohamud may have convinced the East African Community secretariat that Somalia was ripe to join the bloc, even though the country’s institutions are still under reconstruction. This week, the EAC began assessing the country’s eligibility to join the bloc. The move comes on the backdrop of...
By Faizal AhmedCitizen digital With over 50 shopping malls in Eastleigh, the Nairobi business hub is set to unveil the largest mall in Africa with over 3500 shops. Business bay square (BBS) mall, which is expected to be a game changer and touted as the biggest mall on the continent, will have 3,500 shops, 3 hospitals,...
Ethiopian Airlines has become the latest carrier to add bellyhold capacity to the China market following the easing of Covid restrictions. The carrier said that the frequency of flights will increase starting on February 6 and return to pre-Covid levels on March 1. Starting on February 6, Ethiopian Airlines will operate daily flights to Guangzhou...
Washington, DC: On December 5, 2022, the Executive Board of the International Monetary Fund (IMF) completed the fourth review of the Extended Credit Facility (ECF) arrangement for Somalia. The Board’s decision enables the immediate disbursement of SDR 7 million (about US$ 8.9 million), bringing Somalia’s total disbursement under the Extended Credit Facility (ECF) and the Extended...
Djibouti the tiny nation at the intersection of the Red Sea and the Gulf of Aden where China has vast commercial and military interests – has suspended debt repayments to two of its main bilateral creditors as it struggles under mounting financing pressures. In its latest report on Djibouti, the World Bank said the country’s...
Ethiopian Airlines, the leading African flag carrier, said on Wednesday that it has finalised preparations to resume flights to Tigray region, the CEO of the airline confirmed. All commercial flight services to and from Tigray, the northernmost region of Ethiopia, were suspended after conflict erupted in November Flight services restarted for a period after government...
By GERALD ANDAE Miraa traders have shifted to Ethiopia as a source market for the stimulant, where they are buying nearly half of the allocated quota for the Somali market as high costs in Kenya force them to abandon the local crop. The traders said they procure at least 40 percent of the 19 tonnes...
Somalia’s biggest telecoms operator Hormuud has claimed that the Somali militant group Al-Shabab is deliberately destroying telecoms infrastructure. According to The East African, telecoms infrastructure has been destroyed in Galmudug, Central Somalia, in what Hormuud says is an attempt to limit communication and coordination against the terror group The attack which happened on Monday (November 7),...
Russia and Turkey have reached an agreement to deliver grain free of charge to countries in need including Djibouti, Somalia and Sudan, Turkish President Recep Tayyip Erdogan said on Friday. Russian President Vladimir Putin “told me during our telephone conversation that we should send grain free of charge to countries including Djibouti, Somalia and Sudan....
By Sheila Dang, Reuters Mere hours after Elon Musk kicked off a new era at Twitter Inc, the billionaire owner was deluged with pleas and demands from banned account holders and world leaders. The flood of requests underscore the challenge the CEO of electric car maker Tesla Inc faces, balancing a promise to restore free speech...