Browsing Tag

Enhance

World Bank Greenlights $90 Million to Enhance Djibouti-Ethiopia Trade Route

D'you hear the news? Djibouti City (AX) — The World Bank is coughing up another $90 million to beef up the Djibouti Regional Economic Corridor, a massive infrastructure project intended to improve regional connectivity and trade throughout the Horn of Africa.This fresh capital injection totals the project's financing to a hefty $160 million, building on an initial $70 million greenlighted back in December 2021.The coin will go toward revamping and maintaining three segments of the Djibouti-Addis Southern Corridor, a vital…

Somali Envoy Submits Credentials to President Biden, Explores Ways to Enhance Bilateral Relations

Washington, D.C. (AX) – U.S. President Joe Biden welcomed the Somali Ambassador Dahir Hassan Arab at the White House, where the ambassador presented his diplomatic credentials. This ceremonial act symbolizes a step toward strengthening bonds between Somalia and the United States.In their dialogue, Ambassador Arab and President Biden explored ways to bolster bilateral ties, particularly zooming in on Somalia's developmental strides, as well as the Somali government's initiatives to uplift the quality of life for its…

Galmudug and Northeastern State Leaders Enhance Collaboration in Security and Development

Galkacyo (AX) — Ahmed Abdi Kariye and Said Abdullahi Deni, the head honchos of Galmudug and Northeastern State, steered a consequential powwow at the Presidential Palace in Galkayo on Friday night. Officials from both regions gathered for this shindig, where they zeroed in on bolstering ties in vital sectors like security, commerce, peace, and growth. During this huddle, the two sides took a stroll down memory lane, contemplating their existing teamwork compact. They talked shop on milestones, roadblocks, and fresh avenues…

Somalia’s NCA and IFC Introduce Rules to Enhance Telecom Competition and Optimize Submarine Cable Landings

Mogadishu (AX) — Somalia's National Communications Authority (NCA) has teamed up with the International Finance Corporation (IFC) to roll out fresh regulations aimed at enhancing submarine cable landings and ramping up competition in the telecom industry. Gathering for a two-day powwow in Nairobi, Kenya, the NCA and IFC sat down with telecom operators, industry gurus, and government bigwigs to sketch out a new rulebook. Their mission: to lay the groundwork for Somalia's digital future. These new regulations will dive into…

China and Somalia Enhance Diplomatic Relations to a Strategic Partnership

China and Somalia Forge Strategic Diplomatic Alliance In a momentous turn of events, Chinese President Xi Jinping met with Somali President Hassan Sheikh Mohamud in the historic Great Hall of the People, Beijing, on September 6, 2024. During their meeting, the two leaders unveiled a significant upgrade to their bilateral relations, declaring a strategic partnership. This announcement coincided with Mohamud's attendance at the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC). Xi was quick to highlight Somalia's…

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