Stability

Egypt's Commitment to Somalia: A Collaborative Effort for Stability On a pivotal Thursday, Minister of Foreign Affairs, Emigration, and Egyptian Expatriates, Badr Abdelatty, participated in an insightful virtual session convened by the African Union (AU) Peace and Security Council (PSC). The focus of this meeting steered towards the evolving landscape in Somalia, particularly the transition from the AU Transition Mission in Somalia (ATMIS) to what is being termed as the AU Support and Stabilization Mission in Somalia…

The Bank of Ghana (BoG) has recently taken a significant step forward by disbursing $20 million to ten Bulk Oil Distribution Companies (BDCs). This initiative, part of a strategic foreign exchange (FX) forward auction, underscores the central bank’s continuous commitment to stabilizing the Ghanaian cedi and securing reliable fuel supplies in the country. As we reflect on these collective efforts, one has to wonder: how do such financial maneuvers influence our daily lives and the economy at large? Fixed Rate Auction: A…

Rwanda and Democratic Republic of Congo Sign Landmark Peace Agreement On a momentous Friday, Rwanda and the Democratic Republic of Congo (DRC) ushered in a new chapter in their tumultuous relationship by signing a U.S.-brokered peace agreement. This development raises a collective hope that the rampant violence, which has claimed thousands of lives and displaced countless individuals throughout the year, may finally be quelled. As tensions have persisted for decades, can this agreement truly herald an era of peace? The…

The Red Sea, a crucial lifeblood in global trade and maritime navigation, is more than a mere waterway; it represents an intricate tapestry of economic interdependence and geopolitical significance. Stretching across lands and cultures, it connects the Mediterranean Sea through the Suez Canal to the vast Indian Ocean. Each year, it bears witness to the passage of billions of dollars worth of goods—everything from oil and food to manufactured products—ultimately sustaining the very fabric of international commerce. However,…

This recent development underscores a significant uptick in investor confidence regarding Ghana's economic recovery, strongly driven by the efforts of Finance Minister Dr. Cassiel Ato Forson. It's remarkable how resilient economies can be, and Ghana's journey serves as a poignant reminder of this resilience. Eurobond Restructuring and External Debt Talks Drive Upgrade Fitch’s optimistic assessment stems from Ghana's noteworthy strides in debt restructuring. A prime example is the successful negotiation of $13.1 billion in…

On Thursday, a significant dialogue unfolded between Egyptian Minister of Foreign Affairs Badr Abdelatty and Annette Weber, the European Union's Special Representative for the Horn of Africa. This meeting, which took place against the backdrop of the annual Oslo Forum in Norway, touched upon a range of critical issues impacting the region, including the harrowing situation in Sudan, ongoing security threats in Somalia, and the essential matter of navigation in the ever-busy Red Sea. The backdrop of these discussions was…

Clan Rivalries and Political Fractures: A Pressing Threat to Somalia's Future MOGADISHU, Somalia - During an insightful conversation with The Washington Post, Larry André, the dedicated United States ambassador to Somalia from February 2022 until May 2023, painted a concerning picture of Somalia’s ongoing struggles. Despite remarkable efforts to promote national cohesion, the sharp edges of clan rivalries and political discord continue to precariously balance the nation on the edge of instability. Reflecting…

In recent days, Tripoli has witnessed a devastating surge in violence, leaving significant portions of the city in shambles. Civilians find themselves caught in the crossfire, tragically losing their lives, while the war-torn landscape invites deeper scrutiny into Libya’s precarious political and security landscape. What does it take for a nation, once brimming with hope, to descend into chaos? The assassination of a prominent militia leader triggered a series of clashes across multiple districts, prompting hundreds of…

Mogadishu (AX) — In the heart of Somalia’s bustling capital, a significant encounter unfolded last Sunday, one that could potentially shape the nation’s political landscape. Former President Sharif Sheikh Ahmed sat down with U.S. Ambassador to Somalia, Richard Riley. The agenda? To delve into the pressing issues surrounding political stability and security, and to explore avenues for advancing Somalia’s state-building endeavors. The discussions between Sharif and Riley were not merely transactional; they were a testament…

In an era where international alliances are more crucial than ever, Presidents Yoweri Museveni of Uganda and Hassan Sheikh Mohamud of Somalia have taken another step towards cementing a strategic partnership that transcends mere diplomacy. During President Mohamud's swift but impactful visit to Uganda on April 5, 2025, the two leaders not only reaffirmed their commitment to security cooperation but also signed pivotal agreements aimed at bolstering bilateral ties. For nearly two decades, Uganda has stood as a steadfast ally…