resources

Garowe (AX) – In a remarkable display of political fervor, Guuleed Salah Barre, the former chairman of the Northeastern State Electoral Commission, has launched a pointed critique against Northeastern State President Said Abdullahi Deni. During a press conference in Garowe on Saturday, Guuleed accused the president of engaging mercenary firms in activities deemed illegal, particularly regarding the extraction of the region’s natural resources. “You are now aware that Northeastern State's natural resources are being…

Somalia and Türkiye's Hydrocarbon Partnership: A New Beginning In a remarkable moment for Somalia's natural resources landscape, the Minister of Petroleum and Mineral Resources, Dahir Shire Mohamed, has expressed deep enthusiasm about the country's budding partnership with Türkiye. This collaboration, heralded as a “timely boost,” aims to unlock Somalia’s significant yet largely untapped natural resources. During the İstanbul Natural Resources Summit: INRES 2025—an esteemed gathering that convened policymakers, industry…

The Significance of the Recent U.S.-Ukraine Economic Pact On a pivotal Wednesday in Washington, D.C., history was made when Ukrainian Deputy Prime Minister Yulia Svyrydenko and Secretary of the Treasury Scott Bessent signed a landmark economic agreement. This contract not only lays the groundwork for future cooperation but also serves as a vital message in the current geopolitical landscape. The Treasury Department emphasized the significance of the deal, stating, "This agreement signals clearly to Russia that the Trump…

The Dynamic Landscape of Investment in the Democratic Republic of Congo In a significant diplomatic gesture, Belgium's Foreign Minister recently unveiled plans for strengthened ties with the resource-abundant Democratic Republic of Congo (DRC). This visit highlights a burgeoning interest in diversifying investment partnerships, a strategy essential for unlocking the nation’s extensive mining potential. Belgium, with its rich history intertwined with Congolese resources, is keen to play a more pronounced role in the…

The United States and Ukraine have finalized a minerals agreement following a two-month delay. This milestone, as described by the Trump administration, signifies a renewed commitment to Ukraine, particularly after the cessation of military aid. Ukraine has expressed optimism about securing vital interests through extensive negotiations, notably achieving full sovereignty over its rare earth minerals—resources essential for emerging technologies and largely untapped. Initially, President Trump sought rights to Ukraine's…

A new chapter in the US-China trade conflict has emerged, bringing troubling news for nations engaged in commerce with both powers. Recent reports indicate that China has urged South Korean companies to halt exports of defense-related products to the United States if those products contain rare earth elements sourced from China. These rare earth metals, a collection of 17 elements from the periodic table, are essential for an array of technologies, ranging from smartphones to satellites, as well as key components for…

Compliance and Taxation: A Clear Path Forward Let's step into the world of compliance for a moment—a landscape where rules and regulations govern our actions, ensuring the stability and fairness of corporate ventures. The recent report, diligently compiled, throws light on the path Segilola Resources Operations Limited (SROL) has been traversing. It reassures us of one thing: SROL has stoically adhered to its legal and regulatory obligations—a fact we held firm from the very beginning. The numerous…

UNESCO's Ambitious Water Conservation Project Imagine standing at the foot of Mount Kilimanjaro, its snow-capped peaks glistening under the sun. This isn’t just a majestic scene; it’s a call to action. According to UNESCO's Director-General, Audrey Azoulay, this pristine landscape is in danger, and its very existence is crucial for over two million people. Isn't it fascinating how a simple geographical feature like Mount Kilimanjaro holds so much significance for communities? To preserve…

Navigating the Green Transition: A Global Perspective In the relentless march towards a greener world, there's one name that continually echoes across boardrooms and government offices: Shukhrat Ibragimov. Appointed as the chairman and CEO of the Eurasian Resources Group (ERG) in 2024, Ibragimov has steadfastly forged alliances, most notably with China, proclaiming: “There is no green transition without China.” This assertion speaks volumes not only about his vision but also about the intricate web of…

Hargeisa (Axadle Times) – North Western State of Somalia’s President, Abdirahman Mohamed Abdillahi Irro, stepped off the plane in Hargeisa on a crisp Thursday morning, concluding a whirlwind three-day official journey to the United Arab Emirates. His mission? To cultivate investment opportunities that promise to breathe life into North Western State of Somalia’s natural resources, invigorate agriculture, and most crucially, carve out promising new pathways for its burgeoning youth. It begs the question: Can this small,…