Mogadishu (AX) — Somalia’s annual import bill is approaching $9 billion, underscoring the country’s reliance on foreign goods and the urgent need to build up domestic manufacturing, Commerce and Industry Minister Jamaal…
Aliko Dangote is targeting about $1.6 billion in what is poised to become Africa’s largest initial public offering, using the proceeds to…
Canada is preparing to impose dollar-for-dollar tariffs on $20 billion in United States goods as the trade dispute between the two neighbors…
A new $4.5 billion oil-backed financing facility for NNPC Limited has secured approval from the National Economic Council, paving the way to…
By: Mohamed Mukhtar IbrahimSunday August 2, 2026 With foreign assistance contracting, fiscal pressures intensifying and humanitarian demands rising, Somalia can ill afford…
Khadar M Leyli July 29, 2026 The Somali Region’s 108.9 billion Birr budget is striking in scale, but its real significance will…
West African leaders have backed an ambitious 6,800km pipeline that would carry natural gas across the region and onward to Europe. The…
A rare revolt from Republican senators has forced the Trump administration to scrap President Donald Trump’s proposed $1.8 billion “weaponisation” fund, a…
Macron unveils 23 billion-euro investment drive for Africa NAIROBI, Kenya – French President Emmanuel Macron has announced a 23 billion euro investment…
Riyaz ul KhaliqSaturday April 25, 2026 Pakistan said Friday that it has fully repaid $3.45 billion in debt to the United Arab…
Warner Bros Discovery cleared a major hurdle in its proposed $110 billion merger with Paramount Skydance after shareholders approved the transaction, even…
