development

Doha (AX) – Recently, a pivotal ministerial meeting of the Organisation of Islamic Cooperation (OIC) Contact Group on Somalia took place in Doha on July 27–28. This gathering was more than just a series of discussions; it was a concerted attempt to tackle the pressing challenges that face Somalia in terms of security and development. Hosted by the State of Qatar, the meeting was inaugurated by Qatar’s Minister of State for Foreign Affairs, Sultan bin Saad Al Muraikhi. His opening remarks set the tone for the discussions,…

Russia's Growing Nuclear Relations with Africa's Sahel States In a significant move towards bolstering energy infrastructure, Russia's state nuclear corporation, Rosatom, has entered an agreement with several West African nations. This pact, announced on July 28 by the Russian Ministry of Energy, zeroes in on the constructive use of nuclear energy. Under this initiative, Rosatom is set to assist nations like Niger in developing essential nuclear infrastructure. This includes the construction of nuclear power plants,…

Strengthening Economic Sovereignty in the AES Region Recently, in the heart of Niamey, Niger’s bustling capital, a pivotal gathering took place among ministers from member countries of the AES bloc. Coming together in a spirit of collaboration, they reached a consensus on a vital issue—the timely release of funds necessary to activate the newly established bank. This agreement marks an important milestone, signaling the imminent commencement of the bank’s operations, which many hope will catalyze regional development and…

The World Bank has made a significant commitment to South Africa by approving a loan of $1.5 billion aimed at supporting crucial structural reforms. This initiative is not merely a financial transaction; it is a binding promise to rejuvenate the nation’s infrastructure while simultaneously catalyzing economic growth. According to Bloomberg, the focus of this funding is multifaceted. The World Bank recognizes the pressing need to address challenges such as sluggish growth rates and an alarmingly high unemployment rate.…

Strengthening Ties: Ethiopia and Kenya's Commitment to Regional Integration Ethiopia and Kenya are stepping boldly into a new chapter of collaboration aimed at enhancing infrastructural connectivity, socio-economic development, and trade facilitation. With shared ambitions for regional integration and prosperity, these two nations have come together to forge a path that may well symbolize hope for the Horn of Africa. In a Joint Communique issued today, the countries expressed their commitment following a significant…

Galkayo (AX) – On a Friday morning that should have been filled with joy and camaraderie following the Eid prayers, a significant cloud loomed over Awaale Sports Stadium in Galkayo. What transpired was a series of arrests involving several young men who had gathered, banners in hand, to voice their frustrations regarding the Northeastern State administration and the federal government's restrictions on development initiatives in the Mudug region. The intention behind their gathering was clear. These youths sought to shine…

Strengthening Ties: Somalia's Strategic Diplomatic Engagements Mogadishu (AX) – In a world where diplomatic relations can shift as quickly as the tides, Somali President Hassan Sheikh Mohamud embarked on a significant phone conversation with Qatari Amir Sheikh Tamim bin Hamad Al-Thani on Monday. The primary focus? Fortifying the bonds between their two nations. It’s a timely endeavor, reflective of the intricate dance of international diplomacy where every conversation can have far-reaching implications. Apart from…

Devtraco Plus has carved a niche for itself in the realm of premium real estate, earning a stellar reputation for delivering high-yielding rental properties that attract savvy investors. Their portfolio is not just a collection of buildings; it’s a testament to the transformative potential of thoughtful design and strategic placement in the market. Mark your calendars for June 12, 2025, as this is the much-anticipated launch date for ARLO. This remarkable new development will predominantly feature studio and…

Exploiting Dreams: The Alabuga Dilemma A recent initiative marketed as a scholarship and vocational training opportunity turned into a disturbing revelation for many Nigerian youths. The promise of new skills and modest stipends within the confines of Russia's Alabuga Special Economic Zone was tantalizing. Just imagine the excitement of being selected for a program bearing the charm of educational growth and professional development. However, this excitement soon spiraled into something far more sinister.…

In a significant gesture marking a new chapter in Africa's economic strategy, a remarkable commitment of $16 million was announced during a high-profile meeting at the 2025 African Development Bank (AfDB) Annual Meetings, held in the vibrant city of Abidjan, Côte d'Ivoire. This pledge signifies not merely a financial boost but a powerful statement about the continent's aspirations and collective capability. This substantial increase, more than tripling the previous pledge of $5 million, represents a watershed…