Africa

The business cycle has four phases: Expansion, peak, contraction and Trough. The recent figures by ECRI state: “Continued Global Growth slowdown, no upturn in U.S Growth and inflation, Powell Pivot, no Second Half Recovery” April 2019 Vol. The global economy is struggling to come to terms...

By: MoDuale The acting prime minister of the Federal government of Somalia, Mahdi Mohamed Gulled (khadar) received on Monday at his office in Mogadishu, the Ambassador of Turkey in Somalia, Mehmet Yilmaz. During the meeting, The two sides have discussed with him the strengthening of bilateral...

Asmara, 14 October 2018- President Isaias Afwerki arrives in Addis Ababa for two-day official visit today, 14 October, at an invitation of Prime Minister Dr. Abiy Ahmed of the Federal Democratic Republic of Ethiopia. Upon arrival at the Bole International Airport, President Isaias was awarded...

BY:Anadolu Agency  At least 10 people including a local journalist were reportedly killed and several others wounded in a suicide car bomb attack, targeting a busy hotel in Somalia’s southern port city of Kismayo on Friday evening, officials said. The bombing was followed by a heavy...

The U.S. Embassy in Somalia has said that they "regret" the actions of President Farmajo and Somalia's lawmakers to withdraw their support for Prime Minister Hassan Ali Khaire. The following statement was issued today by the U.S. Embassy in Somalia   The U.S. Embassy regrets the actions...

PRESS-RELEASE DP World is developing the Economic Zone after investing in the Port of Berbera to create an integrated maritime, logistics, and industrial hub to serve the Horn of Africa. DP World has signed...

Ethiopia is due to host the 2020 World Economic Forum. The announcement came during a meeting between Prime Minister Dr. Abiy Ahmed and Founder and Executive Chairman of the World Economic Forum (WEF), Professor Schwab today (January 23), in which the two sides have...

Somaliland is broadening its relations with Austria to explore ways of developing synergy on trade and infrastructural development. Somaliland is also seeking support from the European nation on education and health. Representatives of the two countries met this week in Nairobi and discussed ways of pulling...

International Civil Aviation Organization (ICAO), UN agency specialized in aviation, must know that Somalia has no formal government that controls or functions across its territory in last thirty years. It is unfortunate that the regime in Mogadishu is not on the right path to...

The death of an elderly woman after she was ruthlessly beaten by her own son in Alexandria sparked outrage in Egypt, with many calling for severe punishment to her son. The 81-year-old mother, Zeinab as-Sayyid Mahfouz, was beaten by her son to please his wife...