Browsing Tag

months

Retrust MFB Achieves Remarkable ₦8.9 Billion Growth in Just Six Months

In the ever-evolving world of finance, a new ray of hope is emerging from Nigeria in the form of Retrust Microfinance Bank (MFB). This institution has quietly yet powerfully begun to redefine the landscape of microfinance, achieving remarkable growth without relying on external capital or aggressive investor funding. How is it possible, you might wonder? The answer lies in a commitment to community, customer deposits, and a responsive lending approach that is refreshing in today's financial climate. Retrust MFB was founded…

Somalia Faces Surge in Attacks on Press Freedom Over Recent Months, Reports NUSOJ

Somalia's Press Under Siege: A Six-Month Reflection The landscape of media freedom in Somalia paints a troubling picture—a stark rise in attacks against journalists has caught the attention of the National Union of Somali Journalists (NUSOJ). During just the first half of 2025, 41 documented violations directly related to their journalistic endeavors emerged. These were not random acts or misunderstandings. Rather, they were deliberate attempts to threaten and stifle those courageous enough to report independently. This…

Burundi Forces to Extend Their Stay in Somalia for Six More Months

**Mogadishu (AX)** — In a significant move towards enhancing stability in Somalia, the African Union (AU) has decided to extend the presence of Burundian troops for another six months. This extension is part of an overarching strategy aimed at reinforcing efforts against the militant group al-Shabaab while simultaneously supporting state-building initiatives in the tumultuous region. The decision was made during a virtual meeting held on Thursday, convened by the line ministers of AU member states who comprise the African…

African Union Prolongs Deployment of Burundi Troops in Somalia for Another Six Months

African Union Extends Burundi Troop Presence in Somalia by Six Months By Edited By Ali MusaAxadle Times International–Monitoring MOGADISHU, July 5 – In an unexpected turn of events, the African Union has decided to extend the deployment of Burundian troops in Somalia for an additional six months. Originally, plans were laid out for a complete troop withdrawal by June 30, 2025, marking the transition from the African Union Transition Mission in Somalia (ATMIS) to the newly formed African Union…

U.S. Airstrikes Delay Iran’s Nuclear Ambitions by Several Months, Sources Reveal

Recent assessments from U.S. intelligence suggest that airstrikes targeting Iran's nuclear capabilities have not completely dismantled its program. While these strikes may have temporarily delayed Iran's advancements by a couple of months, they did not eliminate Iran's enriched uranium stocks, according to a preliminary evaluation from the U.S. Defense Intelligence Agency. As reported by Reuters, three sources familiar with the intelligence disclosed that the strikes have raised concerns about the effectiveness of U.S.…

Somalia Frees Seven Yemeni Fishermen Held for Two Months

The Yemeni Embassy in Somalia has shared significant news, announcing the release of seven Yemeni fishermen who had been held captive for nearly two months by authorities in Bosaso, Northeastern State. The intermittent tension between fishermen seeking resources and local regulations underscores a broader conversation about fishing rights and international cooperation. These fishermen encountered trouble after unintentionally straying into Northeastern State’s territorial waters without the requisite fishing permit from…

Three Somali Fishermen Rescued After 45 Days at Sea, Six Months in Libya

Mogadishu (AX) — In a touching reunion that highlighted both human resilience and the complexities of international cooperation, three Somali fishermen, who endured an astonishing 45 days stranded at sea and subsequently spent six harrowing months in a Libyan prison, were welcomed back to their families in Mogadishu on Thursday. This moment came after a meticulous and multifaceted repatriation effort led by the Somali government, alongside various international organizations. The fishermen — Abdullahi Yusuf Jama, Aweys…

Kenyan Chiefs Released After Two Months Held by Al-Shabaab

Chiefs Set for Homecoming As Negotiations Yield Release "They will be arriving home any time soon," announced Murkomen to the gathered members of the press. A wave of relief swept through the statement hall as this development came after intense collaboration between national authorities, the Mandera county administration, and respected local community elders. Queries surrounding the identity of the captors remain unanswered, as Murkomen declined to specify if al-Shabaab, the notorious Somalia-based militant…

Ethiopia Earns $360M from Horticulture Exports in Eight Months

In a vibrant dance of colors and commerce, Ethiopia has made significant strides in the global horticultural market. Speaking at the International Floriculture and Horticulture Trade Fair in Addis Ababa, Minister Girma Amente proudly announced that Ethiopia has garnered over 360 million U.S. dollars from horticultural exports in just the initial eight months of this fiscal year. Imagine a bustling exhibition hall, fragrant with the delicate aroma of freshly cut flowers. This is where, back in 2013, Addis Ababa…

Unveiling the Surge: Understanding Al-Shabaab’s Escalating Assaults in Somalia in Recent Months

Al-Shabaab's Intensified Campaigns: A Closer Look at Somalia's Recent Conflict NAIROBI, Kenya - In the heart of East Africa, Somalia stands as a nation grappling with a relentless adversary. Al-Shabaab, a militant group with a tumultuous history, has recently escalated its attacks, particularly in the central and southern regions. This surge in violence has sparked a vigorous response from federal troops, the United States military, and African Union forces, unfolding a distinctive pattern over the recent months.…

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