Khartoum (Prensa Latina) The Government of Sudan announced that an economic coalition will be created among the countries of the Horn of Africa during a summit of its member countries on April 12th. The summit will be held in this capital city and attended by heads of State or Government from Sudan, Ethiopia, Eritrea, Djibouti...
Abidjan, Cote d’Ivoire – Morocco is the most attractive economy for investments flowing into the African continent, according to the latest Africa Investment Index 2018 (AII) by Quantum Global’s independent research arm, Quantum Global Research Lab. According to recent data by the Moroccan Exchange Control, Morocco attracted nearly $2.57 bn of foreign direct investment (FDI) in 2017, up...
KIGALI, Rwanda, 2018 -/African Media Agency (AMA) /- The Next Einstein Forum (NEF), an initiative of the African Institute for Mathematical Sciences (AIMS) in partnership with the Robert Bosch Stiftung, today announces the top 16 finalists for its second edition of the Challenge of Invention to Innovation (Ci2i) innovation competition to be held at the...
By Astrid Zweynert WASHINGTON (Thomson Reuters Foundation) – New technology has unleashed a wave of opportunities to secure formal land rights for hundreds of millions of people, but it is not a solve-all solution in countries with weak institutions, said a senior World Bank economist. Satellite imagery, drones, cloud computing and blockchain are among technologies...
ADDIS ABABA, Djibouti’s government welcomes China’s greater involvement in the nation’s port development, Finance Minister Ilyas Dawaleh has said in a recent interview with media. Djibouti has terminated cooperation with the Dubai Ports World over the running of the Doraleh container terminal because of a dispute and reached an agreement with Singapore-based Pacific International Lines...
Sarah Diaa, Staff Reporter, Gulf Newa Dubai: The President of Somaliland said on Friday that Somalia “has neither the strength nor the ability” to interfere in his country’s operations, calling a move by Somalia to ban DP World from operating in Somaliland “a joke.” Speaking at a press conference in Dubai, Muse Behi Abdi stressed...
By Liban Farah Prime Minister Hassan Ali Khayre in his address to the General Assembly of the United Nations on 22 September 2017 made the following statement: “We will continue to formulate measures to strengthen Somalia’s progress including in revenue generation, however, there are some serious challenges beyond the control of the Somali government. Debt...
Nairobi — Mobile money transfer company eDahab will comply with the new financial regulation set by the Somaliland government which mandates all mobile payments under $100 be made in Somaliland currency. The new regulation bars also mobile payment companies from providing foreign exchange services through the mobile payment systems. The regulation is intended to stabilize...
By Mohamed Gurhan Traditionally, customs administrations all over the world operate mainly as gatekeepers for collection of import, export and other revenues to support government. Their role in ensuring security at border crossings and ports was peripheral to their main function of protecting the financial and fiscal interest of the government. Somaliland is no exception;...
BEIJING (Reuters) – China plans to set up an international development cooperation agency to better coordinate foreign aid and promote its‘Belt and Road’ initiative, State Councillor Wang Yong said on Tuesday. The new agency will be responsible for forming policies on foreign aid, as well as granting aid and overseeing its implementation, according to a...