The increasing population of African youth is presenting the world with an important opportunity to do business and invest in the continent. African countries have been looking to a much wider range of partnerships recently, including most notably with China, which has a much more dynamic economy and hunger of African primary resources. The just-concluded […]
Somalia has invited Turkey to explore for oil in its seas. Turkey President Tayyip Erdogan confirmed the invitation and said his country would take steps in line with the approach. “There is an offer from Somalia. They are saying: ‘There is oil in our seas. You are carrying out these operations with Libya, but you […]
Former Kampala Capital City Authority (KCCA) football youngster Allan Okello was officially unveiled on Tuesday by Algerian Club Paradou AC as their new player. His former club KCCA officially announced on their official website that the 19-year-old together with his handlers flew to Algeria late last week to seal talks with Paradou and finally penned […]
The submarine cable linking the coast of East Africa has officially landed in La Siesta Beach in Djibouti and the marine installation is underway. The 5,400-kilometer cable system dubbed the Djibouti Africa Regional Express-1 (DARE1) will link Djibouti, Mogadishu, Mombasa and Bosaso, and will deliver a capacity of up to 30 terabits per second. It […]
Internationally unrecognized Somaliland is shifting gear towards her push for self-determination through sports. Somaliland declared its independence in 1991 after the Somali civil war had broken out in 1988, and now claims the territory that was once part of the British Somaliland protectorate. Despite their government controlling most of the area that it claims, and […]
British Prime Minister Boris Johnson is calling for a renewed partnership between the United Kingdom and Africa. Johnson spoke as African leaders challenged UK companies to grab at the chance to deepen economic ties with Africa, a continent with unmatched investment opportunities. This was during the opening ceremony of the 2020 UK-Africa Investment Summit, Monday […]
Exporters especially those of perishable agricultural goods have cried out the Uganda Export Promotions Board (UEPB) to help them sort the poor handling of their goods by NAS Uganda staff formerly ENHAS at Entebbe International Airport. The exporters at a workshop in Kampala said that NAS Uganda staff poorly handle their goods especially the perishable […]
The Ministry of Energy and Dams is currently working on the rollout of public/private partnerships to bring power to regional cities after the success of Juba grid project. $289 million has been invested in a power plant run by Ezra Power that will provide 100 megawatts when fully completed. The plant is already active; The […]
Uganda is set to host the Africa Climate Week Forum which brings together Governments, Non-Government Organizations and other stakeholders on the continent to address and discuss a wide range of issues concerning the Climate. According to Uganda’s State Minister for Environment Betty Atim Anywar, the forum will facilitate the understanding of climate change policies and […]
The COMESA Secretariat has been invited to participate at the 2020 China International Fair for Investment and Trade scheduled for early September in Xiamen China. The fair will focus on investment negotiation and policy promotion, coordinated development of national and regional economies, as well as economic and trade exchanges. Asia-Africa Digital Economy Cooperation Forum Executive […]
The Government of the Republic of Djibouti has indicated that since the termination of its concession with DP World to manage and operate the Doraleh Container Terminal, the only possible outcome is allocation of fair compensation in accordance with international law. The government said in a statement that it remains, as it has done so […]
Dubai based maritime company DP World has won an arbitration ruling against the Djibouti government over the seizure of a container terminal. The International Arbitration Tribunal in London has ordered Djibouti to restore rights and benefits in accordance with the 2006 DP World and Doraleh Company’s compensation agreement within two months or pay damages. DP […]
Somaliland government has launched an e-shilling service as the new mode of paying civil servants salaries. The government and the Central Bank of Somaliland say this will help curb payments to ghost workers and also provide accountability and transparency. Central Bank stated that this new mode of payment will also ensure all employees receive their […]