investment

As the world grows more interconnected, the desire to expand one's horizons becomes a compelling narrative for many. Nigerians are at the forefront of this quest for global engagement. According to Henley & Partners, Nigerians ranked among the top five nationalities curious about investment migration options in 2024. With a 16% year-over-year increase, they outpaced any other African country in expressing this interest. What exactly stirs this profound demand for overseas investment opportunities?…

U.S. Ambassador Engages with FESTU Leadership to Catalyze Workers' Contributions to Somalia's Investment Ecosystem MOGADISHU, Somalia — In a world where investment often hinges on human capital, a recent dialogue between U.S. Ambassador to Somalia, Richard H. Riley, and the leadership of the Federation of Somali Trade Unions (FESTU) underscores a vital theme: the indispensable role of Somali workers in steering the nation towards…

Bridging Stability and Innovation In the dynamic intersection where traditional finance meets the cutting-edge realm of blockchain technology, there lies a pivotal initiative: the integration of stability and innovation. Navigating this modern landscape is not just about technology; it’s also about compliance, responsibility, and opportunity. Enter eNsc, a pioneering Naira-pegged stablecoin that marries the time-tested trust of conventional finance with the agile efficiency of blockchain, operating within Nigeria's…

Libya and Somalia Forge a Path to Collaborative Growth In the vibrant city of Tripoli, a series of strategic agreements were recently inked, casting new light on the burgeoning partnership between Libya and Somalia. These agreements, encapsulated in several Memoranda of Understanding, aim to fortify collaboration across key domains such as investments, educational exchanges, and training opportunities. But what does this mean for the socio-economic fabric of these two nations?…

Foreign direct investment (FDI) is akin to a symphony of resources and knowledge—a wellspring of growth for economies worldwide. But what exactly makes FDI so indispensable? It does more than just inject capital; it is the harbinger of innovation, technology, and the elusive art of skilled labor transfer. On February 20th, 2025, the International Monetary Fund (IMF) unveiled some intriguing revelations. Curiously enough, even as the world teeters on the verge of economic unpredictability, global FDI managed a robust…

Hargeisa (AX) — In a setting where the glimmer of the Gulf meets the vibrancy of ambition, North Western State of Somalia President Abdirahman Mohamed Abdillahi Irro conferred with UAE's Vice President and Prime Minister Sheikh Mohammed Bin Rashid Al Maktoum on a seemingly ordinary Tuesday. Yet, is any meeting truly ordinary when it dances around the themes of economic cooperation and regional stability? This rendezvous, set against the backdrop of the illustrious Global Government Summit held in Dubai, served as a beacon of…

Niger has carved its name into the annals of public health history as the first African nation to successfully eliminate onchocerciasis, commonly known as river blindness. This parasitic disease has long been regarded as the second-leading cause of blindness globally, casting a shadow over the lives of many. How does one contract this affliction? The culprit is the bite of an infected black fly, predominantly found in areas along rivers, where these tiny marauders carry the parasitic worm that ultimately wreaks havoc on…

The Namibia Investment Promotion and Development Board (NIPDB) is truly hitting its stride in 2024, and the buzz surrounding its accomplishments is palpable. Gone are the days when the board merely responded to international invites like a teenager waiting for a friend’s call for a night out. Instead, it has revamped its strategy, diving headfirst into a proactive and purposeful method of consolidating both foreign and domestic investments within the pristine landscapes of Namibia. Talk about making a statement! With a keen…

Recently, the Rwandan government made headlines by teaming up with U.S. comedian Steve Harvey's company, BILT LLC, in a pact designed to enhance both tourism and investment in the nation. This exciting agreement was formalized in the capital, Kigali, with Rwanda Development Board (RDB) CEO Francis Gatare signing alongside Steve Harvey himself. The focus of this partnership is far-reaching—it aims to develop skills in critical areas like film, media, and education. Moreover, it seeks to promote health and wellness…

Muscat: Qais Mohammed Al Yousef, the esteemed Minister of Commerce, Industry, and Investment Promotion, had an insightful meeting on Tuesday in Muscat with Hassan Hussein Mohamed, Somalia's Minister of Livestock, Forestry, and Range, who is gracing Oman with his presence during an official visit.In this meeting, they explored ways to enhance collaboration in the realm of livestock and meat production. The dialogue also touched on bolstering joint investments and other industries that cater to the shared aspirations of both…