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Greenlights

Somalia Greenlights Defense Collaboration Pact with Tanzania

Mogadishu (AX) — On Wednesday night, the Somali Council of Ministers gave the green light to a memorandum of understanding (MoU) for defense collaboration with Tanzania.Prime Minister Hamza Abdi Barre chaired the gathering, emphasizing the significance of this accord even though the nitty-gritty wasn't revealed. In recent times, Somalia has inked comparable deals with nations like Egypt, Turkey, and Azerbaijan to boost defense ties with regional and international allies.This fresh defense alliance surfaces amid rocky…

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…

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