Browsing Tag

confronts

Somalia’s Leader Confronts Controversy Over Deportation Agreement with Germany

Somalia's Presidential Decision on Deportation Accord Faces Criticism MOGADISHU, Somalia - Among the cacophony of political discourse, former Prime Minister Hassan Ali Khaire does not mince words when challenging President Hassan Sheikh Mohamud’s deportation pact with Germany, labeling the memorandum of understanding 'reckless.' Khaire insists that any such international agreements must resonate deeply with Somalia's current scenario. The persistent turmoil that pushes Somalis to seek asylum abroad cannot be ignored. He…

Abiy Ahmed Confronts Regional Challenges as Eritrea, Egypt, and Somalia Unite in Opposition to Ethiopia

NAIROBI, Kenya - A recent summit with Eritrea, Egypt, and Somalia in attendance has birthed a coalition nicknamed the 'axis against Ethiopia,' marking an intense regional shift that edges Ethiopia into unfamiliar territory. Over the past few years, Prime Minister Abiy Ahmed of Ethiopia has been wrestling with internal and external upheavals. Domestically, his administration faces significant headwinds due to regional unrest, notably the Tigray conflict, which upends his governance. On the international front,…

VIDEO: Somalia’s $2 Billion Banking Industry Confronts Obstacles in Embracing Cryptocurrency

Mogadishu (AX) — Somalia’s banking industry, worth a cool $2 billion, is gearing up for some serious expansion. This growth spurt is fueled by new rules and a rising wave of interest in fintech. But there's a hitch with bringing cryptocurrencies into the mix, as the sector grapples with syncing up international financial norms and Islamic banking values. While people are starting to buzz about cryptocurrency in Somalia, the chatter is still pretty nascent. Local banks are dipping their toes into figuring out how to weave…

UN confronts Ethiopia over atrocities in Tigray area

UN confronts Ethiopia over atrocities in Tigray region NEW YORK - The United Nations Security Council stepped up efforts to restore peace and stability in the Tigray region, for the first time instructing the Ethiopian government to “cooperate” to help millions of “hungry” nationals by giving them humanitarian access. Since war broke out in November 2020 when the Ethiopian National Defense…

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