development

A Comprehensive Overview of Africa's Thriving Hotel Development Landscape in Early 2025 In a recent industry report, the hotel development pipeline across Africa has experienced a notable surge, with a remarkable 13.3% increase compared to the same period last year. This growth serves as a testament to the continent's potential as a burgeoning hub for global tourism and business. As we delve into the details, one can't help but wonder: what is driving this remarkable transformation? Let’s explore the top ten countries in…

The Meeting That Could Shape Somalia's Future Mogadishu (AX) – On a balmy Saturday afternoon, a pivotal meeting unfolded at the Chinese Embassy in Mogadishu. The leader of the SSC-Khaatumo administration, Abdikadir Ahmed Aw-Ali, affectionately known as Firdhiye, engaged in a dialogue with Chinese Ambassador to Somalia, Wang Yi. Their meeting, rich with hopes and aspirations, was centered around enhancing development ties and fostering cooperation. The air was thick with purpose as they delved into discussions that could…

Hormuud Salaam Foundation Unveils Vital Infrastructure Project in Kismayo KISMAYO, Somalia – In a notable leap towards development, the Hormuud Salaam Foundation marked a new milestone on Tuesday with the inauguration of a pivotal infrastructure project. A newly constructed asphalt road now graces the heart of the Calanleey district in Kismayo, signaling a boost to transport, trade, and the overall urban landscape of Jubaland's interim capital. This…

The Future of African Development Funding Under the Trump Administration The recent budget proposal from the Trump administration for the fiscal year 2026 has raised eyebrows across the globe, particularly regarding its impact on African economies. The proposal indicates a drastic reduction of $555 million in U.S. contributions to both the African Development Fund (ADF) and the African Development Bank (AfDB). But what does this mean for the future of development in Africa, and how might it…

The Journey of the Somali Language: A Complex Tapestry Many people often ponder a significant question: Why did it take twelve years of independence and two decades of national discussions to reach a consensus on a written Somali language? The answer, as noted by David D. Laitin, is anything but straightforward. He remarked, “Whenever the matter was raised, foreign elements came at work. The people would split into factions—some supporting Somali script for nationalistic reasons, some advocating Arabic script on religious…

Recent developments have cast a shadow over the Lesotho Health and Horticulture compact agreement, originally established in 2022 with the Millennium Challenge Corporation (MCC), a prominent U.S. foreign aid agency. In a striking turn of events, reports indicate that this vital initiative may face closure, following the MCC’s disbandment under the previous Trump Administration. At the heart of this compact was an impressive $300 million investment—an endeavor designed to uplift nearly 2.5 million lives. Imagine the ripple…

Strengthening Somalia’s Future: A Call for Unity and Inclusivity Entebbe, Uganda (AX) — In a region where challenges often seem insurmountable, African Union Chairperson Mahmoud Ali Youssouf recently made a fervent appeal to the Federal Government of Somalia. His message was clear: it’s time to ramp up political efforts in building robust state institutions. But what does that truly mean for the ordinary citizen? How can inclusivity, as emphasized by Youssouf, shape a more resilient Somalia? During a pivotal…

In today's fast-paced digital landscape, companies striving for innovation often find themselves at the intersection of technology and finance. One such organization making significant strides in this arena is BOF Investments. Through a strategic approach to its listing, BOF is set to enhance its development of a centralized artificial intelligence (AI) core layer via BOF Tech—the company's dedicated technology arm. This ambitious initiative will be the cornerstone of the wider BOF ecosystem, bolstering entities such as…

The Road Ahead: Kenya's Strategic Financing for Infrastructure Development In the bustling heart of Nairobi, in the shadow of the Kibera slums, children chase after a well-worn soccer ball, their laughter punctuating the air as they play on makeshift fields. Just a stone's throw away, the complexities of national infrastructure challenges loom large, but against this backdrop, hope and determination persist. This juxtaposition of joy and struggle symbolizes the broader narrative that is unfolding across Kenya. As of…

Antalya (AX) — A significant diplomatic engagement unfolded recently as Somali President Hassan Sheikh Mohamud met with Egyptian Foreign Minister Badr Abdelatty. This interaction took place on the vibrant sidelines of the 4th Antalya Diplomacy Forum, which launched with great anticipation in Turkey on Friday. In a moment that reverberated across the conference halls, Minister Abdelatty delivered cordial greetings directly from Egyptian President Abdel Fattah El-Sisi. With these warm words, he…