Browsing Tag

bank

Israeli Airstrike Claims 18 Lives in the West Bank, Reports Palestinian Health Ministry

The Palestinian health ministry has reported a grievous loss of life in the Tulkarm refugee camp situated in the West Bank, where at least 18 individuals were tragically killed due to an Israeli airstrike. This attack was purportedly aimed at eliminating a Hamas commander, whose presence was significant in the region. A representative from the Palestinian security services described this air raid as the most catastrophic event in the West Bank since the year 2000, highlighting the escalation of violence in recent times.…

World Bank Greenlights $90 Million to Enhance Djibouti-Ethiopia Trade Route

D'you hear the news? Djibouti City (AX) — The World Bank is coughing up another $90 million to beef up the Djibouti Regional Economic Corridor, a massive infrastructure project intended to improve regional connectivity and trade throughout the Horn of Africa.This fresh capital injection totals the project's financing to a hefty $160 million, building on an initial $70 million greenlighted back in December 2021.The coin will go toward revamping and maintaining three segments of the Djibouti-Addis Southern Corridor, a vital…

Libyan Central Bank Suspends Activities Due to Kidnapping of Employees

The Central Bank of Libya has officially declared a halt to its operations following the alarming kidnapping of its IT chief by unidentified armed assailants. This disturbing event unfolds amid escalating tensions among various armed factions throughout the nation. Prior to this incident, gunmen had surrounded the bank's headquarters located in Tripoli, demanding the resignation of Governor Seddik al-Kabir. This bold move has sparked international outrage, notably from Richard Norland, the U.S. Ambassador to Libya. He…

Frozen Bank Account Leads to Ethiopian Airlines’ Suspension of Flights to Eritrea

Frozen Bank Account Forces Ethiopian Airlines to Halt Eritrean Flights ADDIS ABABA - Ethiopian Airlines has officially announced the suspension of its flights to Eritrea due to the freezing of its bank account. This announcement came just hours prior to Eritrea's declaration of a curfew for foreign aircraft, which they described as a response to alleged 'harassment and lost luggage' incidents. Initially, Ethiopian Airlines attributed the flight suspension to “challenging operating conditions” in Eritrea, which they…

Salaam Somali Bank Provides Micro Credit to Small Businesses in Mogadishu

Salaam Somali Bank Provides Micro Credit to Small Businesses in Mogadishu MOGADISHU, Somalia - The Salaam Somali Bank, which is a leading private bank in Somalia, continues to contribute to the country's economic growth by providing free microfinance funds to develop small businesses. On Thursday August 19, 2021, the Bank's branch in the Bakaro market provided microfinance funds called “Qardu…

World Bank approves USD 100 million for well being companies in Somalia

World Bank approves USD 100 million for health services in Somalia MOGADISHU, Somalia -- The World Bank announced Thursday that it has approved a total of US $ 100 million to help improve health services in Somalia. The project, the World Bank's 30-year investment in Somalia's health sector, which aims to improve health services is funded by a $ 75 million grant from International Development…

Salaam Somali Financial institution provides free microfinance to small companies

Salaam Somali Bank offers free microfinance to small businesses MOGADISHU, Somalia - The Salaam Somali Bank (SSB) provided free microfinance to small businesses in the country's capital as part of the annual Grand Pleasure program designed to boost culture and rival economy. On Monday July 5, the Bank's branch at Km-5 in Mogadishu offered free microfinance to resident traders, including women,…

The Salaam Somali Financial institution gives free microfinance to small companies in

Salaam Somali Bank offers free microfinance to small businesses in Mogadishu The Salaam Somali Bank on Saturday provided free microfinance to traders running small businesses in Mogadishu, an initiative to boost the economy. The show called "Qardul Hassan" brought smiles to small traders who have benefited from the non-profit investment that will help them grow and expand their business. A…

The World Financial institution releases 100 million

Two days after the announcement of the suspension of the fuel mission for the French group Complete in northeastern Mozambique, the World Financial institution is releasing funds. It grants $ 100 million for an emergency restoration mission on this area of the nation the place an Islamist rebellion has displaced a whole bunch of hundreds of individuals. The emergency shelter in northern Mozambique is an element of a $ 700 million three-year mission. Whereas calling on its regional companions from the Southern African…

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More