companies

Workforce Trends Amid Technological Evolution In an ever-evolving work landscape, one cannot help but ponder: what drives companies to downsize their workforce? The reasons for these sweeping reductions can be as varied as the companies making the decisions. However, one underlying factor seems to emerge with striking regularity—cost-cutting measures, increasingly influenced by the dizzying rise of artificial intelligence (AI). A recent World Economic Forum survey revealed that approximately 41% of…

Mogadishu (AX) — In an exciting development for Somalia’s energy sector, the country’s Ambassador to the United States, Dahir Hassan Arab, made a significant announcement on Tuesday. He declared that Somalia is officially open for oil drilling and exploration, extending a formal invitation to U.S. energy companies to reinvigorate their participation in Somalia’s hydrocarbon industry. Expressing his enthusiasm, Ambassador Arab shared on social media platform X, stating, “Proud to announce that Somalia is officially open 4…

According to Simon Harris, Ireland's Tánaiste, it would be a significant escalation for the European Union to target U.S. tech companies in response to President Donald Trump's comprehensive tariffs on European goods. “If you were to get into that space, it would be an extraordinary escalation at a time when we must be working for de-escalation,” he stated during an emergency meeting of EU trade ministers held in Luxembourg. Harris emphasized the need for caution, urging the European Commission to refrain from utilizing the…

Imagine living in a world where certain countries orchestrate the tunes of global commerce. These nations, like conductors, lead with an adept hand, home to the powerful brands that not only dictate consumer trends but also spearhead technological breakthroughs. Their influence extends beyond borders, becoming benchmarks for industrial standards. Is it any wonder we keep a keen eye on their movements? Countries such as the United States, China, France, and several others have become…

In the bustling city of Frankfurt, an intriguing meeting took place between Somali President Hassan Sheikh Mohamud and Christoph Kannengiesser, CEO of Afrika-Verein. The venue? The renowned German-African Investment Conference. Their purpose was clear: forging stronger economic ties and boosting investment between Somalia and Germany. The event was covered extensively by SONNA, Somalia's National News Agency. FRANKFURT, Germany (AX) — In a spirited rallying cry, President Hassan Sheikh Mohamud spoke with great enthusiasm to…

Somali Telecom Firms Shine in Crisis Handling with Cutting-Edge Alert Systems NAIROBI, Kenya - In the evolving sphere of emergency responses, Somalia's telecom industry has emerged as a key player through cutting-edge warning systems. This was underscored at the National Multi-Stakeholder Workshop on the National Emergency Telecommunications Plan (NETP) held in Nairobi, Kenya. From September 23 to 27, a unified initiative brought together Somalia's National Communications Authority (NCA), the International…

Private Corporations Drawn Into the Dispute Between Somalia and Somaliland The ongoing conflict between Somalia and North Western of Somaliahas unexpectedly drawn in private firms, igniting serious consequences. Authorities have explicitly stated that any information released by these companies must indicate that North Western of Somaliais still a part of Somalia. Otherwise, they may face punitive measures. According to reports from the East African, Somalia's Ministry of Commerce and Industry (MoCI) invoked the nation’s…

Malia's armed forces announced late Saturday night the kidnapping of three Chinese citizens and two Mauritanians working for construction companies on Malia's border with Mauritania. as reported from Bamako, Serge Daniel The company consortium is responsible for paving roads and building bridges in Malian region Nara, located…

French leaders of Amesys and Nexa Technologies are accused of participating in an act of torture for the sale of surveillance equipment to Egypt and Libya. This follows a complaint from the International Federation for Human Rights and The League of Human Rights. To date, four men, former directors or still in office, have been…

The new restrictions linked to Covid-19 are a blow to companies in the capital Kinshasa. Bars, nightclubs and terraces are forced to close by the authorities to deal with the "third wave" of the pandemic, more virulent than the first two. as reported from Kinshasa, Pascal MulegwaIt performs new measures against Covid-19,…