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China sued again by Dubai based firm over Djibouti Port
United Arab Emirates’ (UAE) DP World Limited and its subsidiaries have taken legal action against China for building an international free zone on a terminal being disputed with Djibouti. The lawsuit was filed in the High Court of Hong Kong for unlawfully procuring and inducing the Republic of Djibouti to breach various agreements between the […]
Somaliland Positive of Joining oil Producing Nations
Somaliland is on the verge of joining the league of oil producing nations according to the country’s minister for energy and minerals. Oil production, he says will turn around the economy of the globally unrecognised country and push its quest for recognition by other countries. Drilling starts next year and Minister Jama Mohamoud Egal says […]
Senegal joins World Logistics Passport as Hub for Africa
Senegal is set to boost its position as a trade hub for Africa after it joined the World Logistics Passport, a major initiative by Dubai to link nations around the world and increase South-South trade. The framework agreement was signed by Amadou Hott, minister of economy, planning and cooperation, the government of Senegal, and Sultan […]