exports

Ethiopia opens first phase of Ogaden LNG project, pivoting from exports to power its own growth CALUB, Somali Region — Under a rinsed-blue sky and a brisk Ogaden wind, Ethiopia on Thursday inaugurated the first phase of its long-delayed liquefied natural gas project, a move that signals a decisive turn inward: from chasing export windfalls to fueling its own power grid, factories, and farms. Prime Minister Abiy Ahmed stood before an array of valves and silvered pipes at the Calub gas field and called the Ogaden LNG project…

NAIROBI, Kenya (AX) — A fresh initiative is underway with Kenya inaugurating a revamped pricing panel to tackle the plummeting cost of miraa, known as khat in Somalia. This vital cash crop supports thousands of farmers, with the strategy centered around boosting exports to Somalia, the predominant purchaser of Kenyan miraa. The panel's mission is clear: to stabilize miraa and muguka prices and enhance farmer revenues. The nine-strong committee, a brainchild of the Agricultural and Food Authority (AFA), boasts members from…

ISIS Somalia Branch Bolsters Operations with Gold Sales, Reeling in Up to $6 Million AXADLE, Somalia — Nestled in the rugged northeastern Bari region, the Islamic State's Somalia faction has found a lucrative gig — hawking locally mined gold, according to various accounts. Since 2022, these golden ventures have lined the group's coffers to the tune of an estimated $6 million, the International Crisis Group reports. The gold trade orchestrated by ISIS-Somalia shines a light on not just their economic maneuvers but also their…

West African shea exports are currently slower, but they broke their record highs last season. The use of this vegetable fat is increasing, especially in Europe. West Africa exported no less than 500,000 tonnes of shea between August 2019 and July 2020, the campaign's start and end dates. This has just been revealed by the…

In Madagascar, as yearly in November, your entire port metropolis of Tamatave on the east coast vibrates to the rhythm of the lychee skirt. This week, town will stay its final - intense - days of this distinctive marketing campaign on this planet. If the fruit is to be on the tree till January, lychees are picked and ready for…