By Ilya Gridneff Soma Oil & Gas Holdings Ltd., chaired by former U.K. Conservative Party leader Michael Howard, has proposed a deal with the Somali government that may grant it as much as 90 percent of the country’s prospective oil revenue. A draft production-sharing agreement, obtained by Bloomberg from an official close to the negotiations,...
By DECLAN WALSH Seen from the Internet, it is a vast education empire: hundreds of universities and high schools, with elegant names and smiling professors at sun-dappled American campuses. Their websites, glossy and assured, offer online degrees in dozens of disciplines, like nursing and civil engineering. There are glowing endorsements on the CNN iReport website,...
Africa’s most impressive economic managers suffer from excessive caution NOWHERE in Africa is modern China more of a lodestar than in Ethiopia, which on May 24th held an uneventful election with a predetermined outcome: another term in office for the long-standing ruling party. The continent’s second most populous country and fastest-growing big economy has close...
By LIZETTE ALVAREZ ORLANDO, Fla. — Two decades ago, Harris Rosen, who grew up poor on the Lower East Side of Manhattan and became wealthy in the Florida hotel business, decided to shepherd part of his fortune into a troubled community with the melodious sounding name of Tangelo Park. A quick snap from the city’s...
By Pierre Donadieu and Aurelia End EIGHT candidates are vying to become the next head of the strategic African Development Bank as the continent is undergoing an economic transformation in an anticipated vote that will pit some of the region’s major players against each other. With 80 AfDB shareholders—54 African states and 26 non-African countries—set...
Nairobi — The Kenya Tourism Board (KTB) has gone on the offensive to revive the beleaguered industry by contracting CNN. This comes after the United States government issued yet another travel advisory recently. “We are certain that our partnership with CNN will yield positive results in getting our share of tourists back,” Muriithi Ndegwa, the...
By WardheerNews Editor’s note: Bancroft’s story has been featured in many notable publications including The Wall Street Journal, The Washington Post, and The New York Times. This is the first time their story has been covered by Somali Media. Thus, WDN brings you this exclusive interview. Mohamed Osman and Abdelkarim Hassan have conducted the interview...
The Ethiopian Airlines have won “GMR-IGI Airport Business Partner Awards” as ‘Airline of the year – Africa’, for 3 consecutive years, on Friday 08 May 2015. The fourth edition of this prestigious GMR-IGI Airport Business Partner Awards 2015 took place at Kingdom of Dreams, New Delhi on 08th May 2015. The GMR IGI Awards have...
Asha Farah, spent the first 11 years of her life as a nomad in Somalia. For half the year, she chased the rainfalls and raised livestock with her mother and siblings. Their only shelter was a portable house made of bent sticks, dried grass and woven mats. “As a child, my daily life focused on...
Uganda, – There are a million household robots in the world and more than a million in use in industry. And when we think of robots, we tend to automatically think of Japan, Silicon Valley in California or the big car assembly lines in places like Detroit. But one organisation in Uganda is teaching robotics...