Axadle - Breaking news and analysis from Somalia, the Horn of Africa, and across Africa.

GENEVA, Switzerland (AXADLE) - Swiss officials have blocked over $310 million, originating from various bank accounts tied to India's Adani Group. This maneuver is part of an extensive investigation into claims of financial shenanigans. Accusations alleging money laundering, fraud, and stock manipulation reemerged recently. These claims gained traction in 2023, courtesy of a scathing report by Hindenburg Research. Gautam Adani's enterprise has firmly rebuffed these renewed allegations. This probe isn't confined to Swiss…

Mogadishu (AX) — Somalia's National Communications Authority (NCA) has teamed up with the International Finance Corporation (IFC) to roll out fresh regulations aimed at enhancing submarine cable landings and ramping up competition in the telecom industry. Gathering for a two-day powwow in Nairobi, Kenya, the NCA and IFC sat down with telecom operators, industry gurus, and government bigwigs to sketch out a new rulebook. Their mission: to lay the groundwork for Somalia's digital future. These new regulations will dive into…

By: H.E. Mohamed Abdullahi Ahmed In the last ten years, the United Nations General Assembly has frequently grappled with critical global issues, from sustainable development to conflicts between states. Traditionally, the Assembly has delivered strong condemnations. Yet, today's urgent challenges call for a leap from mere words to decisive, concrete actions. With the 79th session on the horizon, hopes are pinned on finding tangible solutions to the crises that plague regions and affect millions worldwide. Global…

DJIBOUTI, Djibouti (AXADLE) - Extending heartfelt congratulations to Ethiopia, Djibouti's long-time ruler, President Ismail Omar Guelleh, marked the advent of Ethiopia's new year 2017 on September 11, per the Ethiopian calendar. "Big congrats to Ethiopia on ringing in 2017! Wishing y'all prosperity and growth. Here's to deepening our nations' cooperation and solidarity," Guelleh shared on his official X account. "Big congrats to Ethiopia on ringing in 2017! Wishing y'all prosperity and growth. Here's to deepening our…

The financial aid for returning refugees is now at 10,000 kronor per adult, 5,000 kronor per child, and 40,000 kronor per family. This increase hopes to jazz up an underutilized program, which saw just one taker last year, per the Swedish government.Ludvig Aspling from the Sweden Democrats mentioned that the assistance, around since 1984, hasn't hit the radar too much, owing to its low-key presence. "If more folks know about it, and with the extra dough, we expect more to go back," he noted. Aspling is optimistic this might…

NIAMEY, Niger (AXADLE) – Niger's Government and the International Fund for Agricultural Development (IFAD) have inked supplementary financing pacts to amplify the Family Farming Development Programme across crucial regions like Maradi, Tahoua, Zinder (ProDAF MTZ), and Diffa (ProDAF Diffa). Inking the deal for Niger was Prime Minister and Minister of Economy and Finance, Ali Mahaman Lamine Zeine. On IFAD's behalf, Bernard Hien, the Regional Director for West and Central Africa, took the pen. This fresh injection of funds is…

By Axadle Editorial Board Folks, it's been a heck of a week in Somalia’s political scene. The Southwest State is heating up, and tensions are bubbling right under the surface. Everyone's pointing at Ethiopia, but let’s be real; the actual drama is unfolding much closer to home. President Hassan Sheikh Mohamud sent a top-tier team to Baidoa—fronted by Prime Minister Hamza Abdi Barre and featuring NISA boss Abdullahi Mohamed Ali . Unfortunately, they returned to Mogadishu dragging two hefty political losses that have…

How are the Gulf states flexing their muscles in Africa? Hassan Hassan, who founded and leads New Lines magazine, and Rana Mamdouh, a commissioning editor for Alpheratz (New Lines' Arabic sister publication), shine a light on this intricate web. Rather than clashing over ideologies, they honed in on gobbling up resources, further fragmenting nations already swimming in turmoil. It's complicated, to say the least.

NAIROBI, Kenya (AXADLE) - The gears are turning for a Kenyan construction firm, as Kingsley Construction Limited pushes forward with plans to auction off the Somali Embassy in Nairobi. The reason behind this dramatic move? An unpaid renovation bill that has been gathering dust since 2016, amounting to KSh 25.6 million (roughly $174,080 USD). Last Thursday, with anticipation palpable in the courtroom, Somalia's plea to unfreeze the embassy's bank accounts at Premier Bank Limited was turned down by a Kenyan judge. High Court…