secures

“This agreement is fundamental to re-engagement with the fund and reinforces Somalia’s reform agenda,” Finance Minister Bihi Iman Egeh articulated with a notable blend of optimism and resolve. He portrayed the agreement as a "critical milestone" pivotal to Somalia’s broader debt relief efforts. On a forthright note, he elaborated that this deal aligns seamlessly with the government’s long-term aspirations for sustainable development and economic propulsion. Reflect for a moment: How does a nation rebuild after…

Somalia Embraces a New Chapter with $306 Million Debt Relief Edited By Ali Musa, Axadle Times International–Monitoring MOGADISHU, Somalia - A significant financial agreement has unfolded this week, as Somalia's government, following a pact with the Arab Monetary Fund (AMF), secured an impressive $306 million debt relief package. This development is a result of relentless economic reforms that the nation's treasury has been advocating for, aiming to set the…

US President Donald Trump has announced that he will sign an executive order to extend TikTok's operations in the United States for an additional 75 days. This decision comes just hours before a significant deadline for the popular video-sharing platform to secure a non-Chinese owner, or risk facing a ban within the US. With a staggering 170 million American users, TikTok has become a cultural phenomenon, yet it finds itself under scrutiny due to a US law passed overwhelmingly last year. This legislation mandates that…

Chelsea Triumphs in Derby with Strategy and Resilience In the electric air of Stamford Bridge on a brisk Thursday evening, Chelsea managed to climb back into the Champions League qualification zone with a victory that was as much about grit as it was about skill. The match, a quintessentially ferocious Premier League derby against their London neighbors, Tottenham Hotspur, ended in a narrow but crucial 1-0 triumph for the Blues. At the heart of this pivotal moment…

In a triumphant show of skill and strategy, FC Barcelona's players reveled in their well-earned victory during the second leg of the Copa del Rey semifinal against Atletico Madrid, held at the magnificent Riyadh Air Metropolitano Stadium in Madrid, Spain, on a memorable April 2, 2025. (Photo by Gustavo Valiente/Xinhua) It was a defining moment for Barca as they clinched a 1-0 win, paving their path to the illustrious Copa del Rey final where their eternal rivals, Real Madrid, await. The solitary goal by Ferran Torres,…

Mogadishu (AX) — In an unexpected yet exhilarating twist, Somalia clinched their first-ever point in the 2026 FIFA World Cup qualifiers. What unfolded on Friday at the Stade Alassane Ouattara in Abidjan was not just a goalless draw against Guinea but a story of sheer resilience and unyielding spirit. Why, you might wonder, is this such a big deal? Against a backdrop of skepticism and doubt, Somalia delivered a disciplined defensive performance that left spectators, pundits, and even their opponents in disbelief. It…

In an unfolding drama that feels like a scene from a complex novel, the Sudanese army announced a significant win on a recent Friday. This event took place in the heart of Sudan’s bustling capital, Khartoum. The army declared they had seized control of the Presidential Palace—a location steeped in symbolism—and a battlefront in a two-yearlong conflict with the paramilitary Rapid Support Forces (RSF). This milestone was reported by the reliable Reuters. The genesis of this conflict can be…

In a significant triumph for conservation efforts, BirdLife South Africa and the Southern African Foundation for the Conservation of Coastal Birds (SANCCOB) have successfully garnered a court-ordered settlement dedicated to the preservation of the critically endangered African Penguin. The settlement emphasizes the establishment of no-take fishing zones, a decisive step towards safeguarding not just a species, but an entire ecosystem. What does this order entail, you might wonder? It mandates the creation of no-take zones…

In a significant development for African football, Patrice Motsepe, the prominent South African mining executive, has secured his position as the president of the Confederation of African Football (CAF) for a second consecutive term, doing so without any opposition. This confirmation of his leadership signals both continuity and the potential for further progress within the organization. At 63, Motsepe stands as a notable figure not just in the realm of sports but also in business, with his family's trust owning Mamelodi…

Stuart Young, the Acting Prime Minister of Trinidad and Tobago, recently highlighted a major factor that set Nigerian oil company Oando apart from other bidders vying for ownership of the Guaracara Refinery. Their robust financial backing, evidenced by their ability to secure sizable investments in the upstream oil sector, gave them an undeniable advantage. But what does it really mean to have such financial muscle, and how does it influence a bidding process? Young, who also serves as the Minister of Energy,…