market

A tragic airstrike by the Nigerian military has claimed the lives of numerous individuals, primarily traders, after hitting a village market. This incident unfolded near the border connecting Yobe and Borno states, where the aircraft was reportedly engaged in operations against Islamist militants. According to the Nigerian Air Force, the strikes were part of "mop-up" operations targeting "identified terrorist locations" along the Jilli axis in Borno State. Sources indicate that the fighter jet involved was tracking a group…

Wycliffe Muia, NairobiSunday March 29, 2026 Giant African harvester ants - seen here in Kenya - have become highly sought after by hobby collectors across the world Right now, the ants are taking flight in Kenya. In the rainy season, clouds of them rise from thousands of anthills around Gilgil, a quiet farming town in Kenya's Rift Valley that has unexpectedly become the hub of a lucrative illegal trade. The mating ritual sends winged males out of the nest to fertilise queens, which also take to the air at this time. That…

Thursday March 26, 2026 Mogadishu (AX) — Tensions flared at Mogadishu’s Bakaara Market on Wednesday as hundreds of traders poured into the streets, accusing Somalia’s federal government of preparing to sell part of the market’s land to wealthy businessmen they say have close ties to those in power. The demonstrators blocked major roads leading into the sprawling market, denouncing what they described as an impending eviction that could wipe out their livelihoods. Many traders said the plan amounts to transferring public…

Thursday March 26, 2026 Mogadishu (AX) — A sweeping protest gripped Mogadishu’s Bakaara Market on Wednesday as hundreds of traders flooded the streets, accusing Somalia’s federal government of moving to shut down the country’s largest commercial hub so the land can be transferred to wealthy businessmen with connections to officials. Demonstrators cut off major routes leading into the market, denouncing what they said was an impending eviction that would wipe out livelihoods built over years. Traders alleged the authorities…

Traders protest eviction order at Bakara Market in Somalia MOGADISHU, Somalia — Hundreds of merchants at Bakara Market, Somalia’s biggest commercial artery, poured into the streets Wednesday, saying authorities had ordered the market closed and told them to clear out — a move they fear will pave the way for politically connected investors to seize the land. Demonstrators blocked key access roads to the market, decrying what they called an effort to uproot long-established businesses. Many accused the government of trying…

AXADLE, Somalia — Iran’s state media reported that the Islamic Revolutionary Guard Corps has declared the Strait of Hormuz closed to maritime traffic, warning commercial and oil tankers against attempting to transit the waterway as regional tensions escalate. According to Reuters, a senior IRGC commander said vessels that try to pass through the strait would face direct attack, adding that ships violating the order would be set ablaze. The remarks, carried by Iranian state outlets, immediately raised fears of energy-market…

A drone strike on a crowded market in Sudan’s North Darfur killed 10 people over the weekend, first responders said, as fighting intensified across the country and aid agencies pulled staff from a besieged, famine-hit city in the south. The North Darfur Emergency Rooms Council, a volunteer network coordinating relief, said a drone hit Al-Harra market in the Rapid Support Forces-controlled town of Malha, igniting fires in shops and causing extensive damage. The council did not identify who carried out the strike. There was no…

MOGADISHU — The main market in Mogadishu’s Hamarweyne district remained closed for a third straight day Monday as traders protested what they say are excessive and unlawful tax demands imposed by Somalia’s Federal Government. Shopkeepers told local media the Ministry of Finance’s revenue department recently introduced additional fees that far exceed the legally mandated taxes they already pay each year. Several business owners said the new charges run into the hundreds of dollars — sums they say they cannot afford in the…

MOGADISHU — Somali police in the Hamarweyne district arrested a Somali National Army soldier on Saturday after a video widely shared on social media appeared to show him abusing a woman vendor at the busy Hamarweyne market, authorities said. The suspect was identified by police as Abdifatah Mohamed Ibrahim, a member of the Somali National Army. He is in custody and will be transferred to court, the Banadir Regional Police Command said in a statement. “The suspect is in police custody and will be referred to the…

Botswana’s Diamond Dilemma: The Social and Economic Fallout of a Resource-Dependent Economy As Botswana grapples with an unprecedented fiscal crisis, the shimmering allure of diamonds—the cornerstone of the nation’s wealth—has turned into a stark reminder of vulnerability. This dilemma illuminates a larger narrative: the challenges faced by resource-dependent economies in an ever-evolving global market. The Glitter Fade: A Market at a Crossroads Once celebrated as Africa's beacon of prosperity, Botswana now finds itself…