By James Jeffrey Djibouti city, Djibouti For the world’s biggest rock bands the small East African nation of Djibouti doesn’t usually appear on their itineraries. Nestled between Somalia and Eritrea at the entrance to the Red Sea, the hot and arid country seldom features on lists of global tour dates. Yet there is one multimillionaire...
November 9, 2026
Category: Market Bazaar
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Kenya is spending millions to make the country pretty for Obama’s visit
By Erin Conway-Smith NAIROBI, Kenya — As Nairobi gussies up for Barack Obama, planting flowers and mucking out gutters to beautify its traffic-clogged main roads, some Kenyans are anticipating far bigger changes when the American president visits next month, at long last. “His coming will help the economy,” said Benjamin Sadiki, 27, who sells fish...
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Clean Energy Comes To Somaliland: Meet Nigel Carr
By Lydia Loizides You can take the boy out of Maine, but you can’t take Maine out of the boy. Nigel Carr’s Northeast roots inspired a deep appreciate of nature early on and piqued his interest in generating energy using clean resources. He started his career with a company building solar projects on contaminated land...
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Why Is the United States Letting Its Best Foreign Aid Tool Fall Apart?
By Christopher Holshek As America is blowing billions by using its military as a one-size-fits-all solution for emergencies around the world, USAID is understaffed, underfunded, and on the cusp of crisis. Gown shop owner Jill Andrews is probably not who you would have picked to solve one of the U.S. Agency for International Development’s most...
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Ethiopia turns big plans into reality
Written by Michele Molinari, Noah Gunzinger ETHIOPIA, the cradle of humankind, has shown vast progress in recent years. Besides stunning population growth to become the second largest country in Africa with over 90 million inhabitants, it is also experiencing strong economic development. Large multinational companies, attracted by its relative proximity to Europe and the Middle...
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Why are there so many military bases in Djibouti?
By Tomi Oladipo, Djibouti, a small country on the Red Sea, is already home to military bases from the US and France, the former colonial power, but China’s interest is now becoming increasingly apparent. What makes this horn of Africa nation attractive to global military powers? Port in a storm Djibouti’s status as...
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Ethiopia: Teff in the Global Trade
By Tibebeselassie Tigabu In Ethiopia, teff is a national obsession. Ground into flour and used to make injera, the spongy fermented flatbread the grain is basic to Ethiopian cuisine. In traditional terms, diners gather around a large piece of injera, which doubles as cutlery, and scoop up stews and feed one another – an action...
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BRICS Bank Could Change the Game
By Kester Kenn Klomegah, Modern Diplomacy In full-fledged preparation for the official launch of BRICS New Development Bank (NDB) as an extraordinary highlight event during the July Summit under his chairmanship, Russian President Vladimir Putin has ratified an agreement on the establishment of a $100 billion BRICS pool of currency reserves, according to a document...
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The 13 fastest-growing economies in the world
By Elena Holodny, Business Insider China’s crazy growth has been one of the biggest stories over the past several decades. But the Chinese economy certainly isn’t the only one posting huge growth rates. We compiled a list of 13 countries with the highest projected compounded annual growth rate (CAGR) from 2014 through 2017 based on...
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EAC, World Bank seek ways to boost links to landlocked countries
By PAUL REDFERN Top officials from the World Bank and the East African Community have been exploring ways to improve transport links to landlocked countries. At a meeting at the Unesco headquarters in Paris on June 9, representatives of the two organisations as well as other development partners proposed ways to improve infrastructure and transport...