sector

Mogadishu (AX) — In a world where energy drives economies and fuels innovation, two nations have set the stage for a significant journey of collaboration. On a brisk morning in Baku, Azerbaijan’s skyline shimmering in the early light, an agreement was signed that could transform the energy landscape of a nation. Azerbaijan and Somalia have embarked on an ambitious path to strengthen their energy ties by endorsing a Memorandum of Understanding (MoU) centered on the development of oil, gas, and, significantly, renewable…

In 2002, the European Union instituted sanctions against Zimbabwe’s defense sector, a move triggered by instances of electoral malpractice and human rights violations. The EU's embargo specifically targets arms shipments rumored to support internal repression. This decision was solidified following a European Council meeting held on February 18, signaling a persistent commitment to uphold human rights and democratic values. The European Union’s approach to these restrictive measures has been gradual, aimed at fostering…

The European Union is stepping up its game in the ongoing battle against a troubling surge in cyberattacks targetting hospitals and the broader healthcare landscape. These aren’t just mere inconveniences; they’re full-blown digital assaults, with hackers employing tactics like data breaches and ransomware—a sinister method where criminals lock away essential files and services, holding them hostage until their demands are met. You could almost say it’s the tech world’s version of a heist movie, only with far graver stakes.…

In a spirited address at the COP29 summit in Baku, former US Vice President Al Gore didn’t hold back in his criticism of the fossil fuel sector. He asserted that industry figures are “far more adept at winning over politicians than they are at tackling emissions.” As a dedicated climate advocate, Mr. Gore called on conference attendees to prioritize actionable solutions instead of succumbing to the pressures exerted by both the political elite and corporate interests. "We must confront the question of how long we’ll allow…

Certainly! Here's a reimagined version of the content: Somali Triumph Tales: Gathering Cheers for Fintech's Rise MOGADISHU, Somalia — Celebrating Somalia's bustling fintech sector, the third annual Somali Triumph Tales Conference wrapped up on October 17 at the vibrant Sahal Hall in Mogadishu. Hosted by Hormuud Telecom, the event brought together government heads, key business leaders, policymakers, scholars, and sector specialists to delve into the nation's dynamic fintech sphere. The spotlight at the conference was…

How Digital Banking is Transforming Somalia's Economy MOGADISHU, Somalia - The digital tidal wave sweeping through banking is poised to reshape Somalia's economic landscape, which is currently on an upswing thanks to improved security in various locales. Somalia's National Digital ID initiative aims to revolutionize banking services, spurred on by a collaboration between the National Identification and Registration Authority (NIRA) and the Somali Bankers Association (SBA). Abdiwali Tima'adde, the top honcho at NIRA, believes…

The African Development Bank Group (AfDB) has greenlit a $6.6 million grant to assist Somalia’s Federal Government (FGS) in bolstering state capacity, aiming to construct a robust financial framework to foster inclusive and fair growth. The Somalia Financial Sector Development Project is set to hone the capabilities of financial entities, such as the Central Bank of Somalia, the Somalia Development and Reconstruction Bank, and the Financial Reporting Center (FRC). The project focuses on efficient credit delivery,…

Makongo is the generic name for Sango, the language most commonly spoken in the Central African Republic, to denote larvae. They are available in all colors and sizes. Eaten fresh, fried, in sauce or dried, they represent a very profitable sector, from pickers to preparers, including retailers who make the daily round trip between the capital and the Lobaye forest area in the east of the country.…

As of Tuesday, July 20, 2021, doctors in the public sector will stop taking care of emergencies in public health institutions. The doctors' unions have therefore decided to raise the gear after seeing what they call the failure of the negotiations with the government. as reported from Kinshasa, Kamanda Wa KamandaGathered at…

In Senegal, the agricultural sector employs about 60% of the working population. But does it attract young people, especially those affected by unemployment? In the river valley, the organizers of the first international agricultural fair in the north, which was held last weekend at the Diamadammen, on the Mauritanian border, want to believe it.…