Every morning at 8:00 a.m. Fatuma Ibrahim prepares for her usual rounds of trekking from house to house selling Baati and Garbasaar – a traditional Somali cotton dress and head scarf. This has been her daily routine since she first set foot in Kalkal displacement camp in the capital of Somalia, Mogadishu, more than two...
October 7, 2026
Category: Market Bazaar
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Somaliland refutes claims by Somalia on port deal with DP World
The Somaliland Government has refuted claims by Somalia nullifying an agreement signed between the UAE ports operator DP World and the Ethiopian Government to acquire a 19 percent stake in Berbera Port. The Somaliland Minister of Information, Abdirahman Abdillahi Farah, said in a statement that the government of President Musa Behi Abdi worked to conclude...
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IMF Warns Over Kenya’s New Debts, Wants Rate Cap Abolished
The International Monetary Fund has warned that Kenya debt is approaching the unsustainable levels following the rate at which new loans are being contracted. The IMF at the same time wants the interest rates controls abolished saying it had stifled lending to the private sector. Jan Mikkelsen, the resident representative to Kenya said IMF is...
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THE NEED TO AUTOMATE REVENUE COLLECTION IN SOMALIA
Dr. Mohamud Ahmed (Buyow) The objective of this policy paper is to advise the Ministry of Finance, Federal Government of Somalia on the current constraints to domestic revenue collection in Somalia and then to suggest a number of revenue collection strategies to enhance future performance and improve transparency and accountability in Somalia’s revenue collection system....
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Hunted and hated, Somali tax collectors gird for battle
By Abdi Sheikh MOGADISHU (Reuters) – Ahmed Nur moves through the Somali capital of Mogadishu with a bodyguard of six men, a pistol in the waistband of his baggy trousers. He speaks of his work in whispers; seven of his colleagues have been killed in the last three years. But Nur is no intelligence operative....
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Ethiopian Airlines to start Addis-Chicago flight
Ethiopian Airlines Group has announced that it will commence direct flight from Addis Ababa to Chicago effective from June 2, 2018. West bound passengers from the entire continent of Africa will connect to Chicago and beyond through the Addis Ababa hub in the late evenings; likewise, East bound travelers from the USA will also connect...
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Kenya’s flower industry threatens country’s fisheries
The area around Kenya’s Lake Naivasha is sometimes known as “the flower bed of Africa.” But the industry — essential to the country’s economy — is heavily polluting. Some companies are trying to be greener. Project goal: To establish more sustainable business practices on Kenyan flower farms and to pass on innovations from larger plantations to...
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Ethiopian Airlines, ASKY and Guinea Airlines sign strategic partnership agreement
Ethiopian Airlines announced that it has signed an Agreement with Guinea Airlines, for strategic partnership in management, maintenance and training, on January 30, 2018 at Ethiopian headquarters. Ethiopian Group CEO Mr. Tewolde GebreMariam, Mr. Cheick Dem, from Guinea Airlines and Guinea’s Minister for Transport, H.E. Oyé Guilavogui signed the agreement in the presence the Minister...
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The Gulf crisis echoes in Africa
By Leo Kabouche, Global risk insights. Between the 20-24 of December 2017, Qatari Emir Sheikh Tamim bin Hamad Al-Thani travelled to Senegal, Mali, Guinea, Burkina Faso, Côte d’Ivoire and Ghana. Since Sheikh Al-Thani became Emir in 2013, Qatar’s African policy has been primarily focused on East Africa, where the emirate has established significant diplomatic relations with...
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Ethiopia Oil Refinery Planned as Blackstone Pipeline Shelved
By Paul Burkhardt and Nizar Manek Ethiopia’s fast-growing economy has Asian investors lining up to build a new $4 billion oil refinery, even as a Blackstone Group LP-backed fuel pipeline project is shelved. The proposed 120,000 barrels-a-day plant has generated interest from Japanese, South Korean and Indian investors, said Zemedeneh Negatu, chairman of U.S.-based Fairfax...