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Eye on Africa

Safaricom Secures $117 Million with Kenyan Sustainability-Linked Loan

Kenya's telecom titan, Safaricom (SCOM.NR), shared on Tuesday that it secured 15 billion shillings (around $116.73 million) from the second round of a sustainability-oriented loan procured from a coalition of local banks. This telecom heavyweight, partially owned by South Africa's Vodacom (VODJ.J) and Britain's Vodafone (VOD.L), initiated this green loan project last year, netting a comparable sum in its initial phase. The fresh funding will be funneled into various eco-friendly initiatives, notably transforming its…

Sudanese Army Strikes Paramilitary Targets in Effort to Retake Control

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Somali Prime Minister and Molly Phee Debate Post-ATMIS Security and Counterterrorism at UN General Assembly

UNITED NATIONS, NYC (AX) — Somali Prime Minister Hamza Abdi Barre engaged in pivotal dialogues with global dignitaries at the United Nations General Assembly (UNGA) in New York City. On Wednesday, Barre conversed with Molly Phee, the U.S. Assistant Secretary of State for African Affairs. Their discussions gravitated around bolstering Somalia's counterterrorism initiatives and navigating the African Union Transition Mission in Somalia (ATMIS) wind-down. Commitment to regional stability was reaffirmed, and avenues for…

Northeastern State Leader Calls for Dialogue with Somali Federal Government Amid Prolonged Tensions

FILE - Northeastern State’s President, Said Abdullahi Deni, addresses attendees at the annual Peace Conference in Garowe. The event, organized by the Northeastern State Development Research Center (PDRC), saw Deni underline his administration's preparedness for open dialogue with the Somali Federal Government. Mogadishu (AX) — President Said Abdullahi Deni of Northeastern State reaffirmed his administration’s commitment to initiating open conversations with the Somali Federal Government, stressing the need for a transparent…

Sulub Ahmed Firin Named as Somalia’s Deputy Transport Minister Amid Government Overhaul

Mogadishu (AX) — Prime Minister Hamza Abdi Barre has tapped Major General Sulub Ahmed Firin to step into the role of Deputy Minister for the Ministry of Transport and Civil Aviation as of Tuesday. This decision is part of an ongoing administrative reorganization by the government. Firin, presently holding the reins as the Commander of the Somali Police Force, will move to his new duties, although his replacement in the police force hasn't been decided. With a robust history in national security — including previous roles as…

Somali Leader Names Top Advisors for National Governance and Federal Matters

Mogadishu (AX) — In a bid to bolster governance, democracy, and federal affairs, Somali President Hassan Sheikh Mohamud has appointed two senior advisors. The official announcement came on Thursday. Former Northeastern State security minister Abdisamad Mohamed Gallan has been named Senior Adviser on Federal Affairs. His new role will involve strengthening Somalia's federal system and fostering collaboration among its regional administrations. Ahmed Jama Mohamed Cillal has been designated Senior Adviser on Democracy and…

Turkey Eyes Fresh Investment Opportunities in Central Somalia: Ambassador

  Türkiye is setting its sights on new investment ventures in Somalia's central state, Galmudug, as per the Turkish envoy's announcement this Tuesday. Upon reaching Dusmareb, Galmudug's hub, a delegation headed by Türkiye's ambassador to Somalia, Alper Aktaş, engaged in talks with Ahmed Abdi Karie, the state's president, and his Cabinet members.They delved into discussions around kickstarting infrastructure initiatives in Galmudug and the potential impact of Turkish investments."We had fruitful discussions on the steps…

Somalia Progresses in Financial Reforms with IMF Backing at Conference in Turkey

Somali Finance Minister Bihi Iman Egeh (center, right) spearheads a high-stakes dialogue at a major financial reform and economic development summit in Istanbul, Turkey. Key figures from Somali ministries and global partners are in attendance. Mogadishu (AX) — Wrapping up on Wednesday, a pivotal four-day conference focused on Somalia's financial overhaul and economic strides took place in Istanbul, Turkey. This gathering marked the second review of Somalia's Financial Reform and Economic Development Program, which enjoys…

Somali Authorities Name General Asad Osman as the Latest Police Commissioner

Mogadishu (AX) — In a significant move, the Somali Council of Ministers named General Asad Osman Abdullahi as the new police commissioner on Thursday. This appointment sees him stepping into the shoes of Major General Sulub Ahmed Firin.The suggestion for General Abdullahi’s new role came from the Ministry of Internal Security during the council’s regular weekly assembly.General Abdullahi’s resume includes serving as the Commander of the Northeastern State Security Force (PSF), a position he held from 2007 until…

Kenya Nears Agreement on $1.5 Billion Budget Support Loan from UAE – Insider

Kenya’s administration is on the cusp of securing a hefty $1.5 billion loan from the United Arab Emirates at an 8.2% interest rate, aiming to address the financial shortfall plaguing the East African nation, a source in the know told Reuters. "Kenya is broadening its budget support sources," noted the insider, hinting that "the deal is practically in the bag." The finance ministry and central bank of the UAE didn't immediately respond to requests for a statement. Kenya's Finance Minister John Mbadi and top ministry…