Browsing Tag

secures

Qoor Qoor secures agreement for Hobyo port, set to transform trade in the region

Mogadishu (AX) — On Monday, Galmudug's leader, Ahmed Abdi Kariye, fondly known as 'Qoor Qoor,' inked a monumental 80-year pact with Turkish industrial giant Metag Holding to build the Hobyo Port. He remarked that this project could morph Somalia's central coastline into a bustling trade corridor. It was a well-attended shindig in Mogadishu, drawing in federal bigwigs, lawmakers, and the who's who of the business world. Qoor Qoor underscored Hobyo Port's game-changing potential, especially for landlocked Ethiopia, which…

Safaricom Secures $117 Million with Kenyan Sustainability-Linked Loan

Kenya's telecom titan, Safaricom (SCOM.NR), shared on Tuesday that it secured 15 billion shillings (around $116.73 million) from the second round of a sustainability-oriented loan procured from a coalition of local banks. This telecom heavyweight, partially owned by South Africa's Vodacom (VODJ.J) and Britain's Vodafone (VOD.L), initiated this green loan project last year, netting a comparable sum in its initial phase. The fresh funding will be funneled into various eco-friendly initiatives, notably transforming its…

Stones Secures Late Draw for Man City in Premier League Showdown

Manchester City maintain their lead in the Premier League following a thrilling 2-2 draw against Arsenal, credit goes to a last-minute equalizer from John Stones, preserving their unbeaten status on Sunday. Amidst a chaotic 98th-minute scramble, Stones managed to find the back of the net just when it seemed Arsenal, down to 10 players after Leandro Trossard's red card in first-half stoppage time, would hold on for a victory. Erling Haaland perpetuated his remarkable scoring streak, converting off a Savinho assist. However,…

Al-Ettifaq 0-3 Al-Nassr: Ronaldo shines with a goal, Pioli secures his inaugural victory

In a stunning play, Al-Nassr triumphed 3-0 over Al-Ettifaq, showcasing a star-studded performance from Cristiano Ronaldo. “Ronaldo’s impact was the game-changer,” remarked a fan, encapsulating the electric atmosphere. After a series of challenging matches, Al-Nassr desperately needed a win to boost team morale, and Ronaldo delivered. “Finally, we’re seeing the results we’ve been waiting for,” exclaimed Coach Pioli with a hint of relief. The match began with high energy, Al-Nassr pressing hard from the whistle. Ronaldo,…

Ghanaian President Nana Akufo-Addo secures the second term

Nana Akufo-Addo has won her second four-year term as president of Ghana with 51.59% of the vote, the election commission announced on Wednesday. His longtime rival, former President John Mahama, 62, came in second with 47.36% of the vote, according to the Ghana Election Commission. Akufo-Addo, 76, became the 8th president of Ghana's fourth republic. This is the third time the two men collided in a presidential election in the West African country after the 2012 and 2016 elections. Akufo-Addo has been…