unveils

Somalia's Economic Leap: The Launch of the Mogadishu Stock Exchange MOGADISHU, Somalia – In a historic stride towards economic resurgence, Somalia has celebrated the official inauguration of its very first stock exchange in Mogadishu. This momentous event marks not just a pivotal point in economic development but also opens new avenues for attracting both local and international investments. The launch ceremony was a gathering of esteemed figures, blending government officials, business…

Leadership Transitions at Continental Reinsurance Holdings: A New Era Begins In an exciting turn of events, Mr. Lawrence Nazare has been appointed as the Group Managing Director of Continental Reinsurance Holdings, situated in Botswana. This marks a pivotal moment in his career following the completion of his role as Managing Director and CEO of Continental Reinsurance Plc, Nigeria, which he concluded in December 2024. Within this new position, Mr. Nazare is set to steer the Group’s pan-African operations and provide…

New Oil and Gas Discovery in Egypt's Western Desert The Egyptian General Petroleum Corporation (EGPC) has made an exciting announcement regarding a new oil and gas discovery in the Abu Sennan brownfield located in Egypt's Western Desert. The news was officially released by the Ministry of Petroleum and Mineral Resources, marking yet another chapter in Egypt's ongoing quest for energy independence. Spanning over two-thirds of Egypt’s land area, the Egyptian Western Desert is a vast…

The ongoing conflict between Iran and Israel has escalated dramatically, with Iran recently launching a series of missile strikes on Israeli targets, inflicting injuries on civilians in residential areas. In response, Israel has been targeting Iranian military installations, heightening tensions in the region. Israeli Prime Minister Benjamin Netanyahu has made it clear that the country will continue its offensive, declaring, "We will hit every site, every target of the ayatollah regime." Meanwhile, Iranian President Masoud…

Revitalizing Agriculture: A New Era with NASENI's Asset Restoration Programme The Vice President, Kashim Shettima GCON, recently embarked on a transformative journey in the agricultural landscape of Nigeria by commissioning over 375 tractors, aptly set to revolutionize mechanized farming. This initiative is part of the National Agency for Science and Engineering Infrastructure (NASENI) under the auspices of the National Assets Restoration Programme. It showcases a collective commitment to…

Somalia's Immigration Transformation: A New Era in Governance In a landmark meeting, Mustafa Duhulow, the Head of Somalia's Immigration and Citizenship Agency (ICA), engaged with a delegation from Sweden. The objective? To explore opportunities for collaboration that can further enrich both nations. This gathering was not just a mere formality; it highlighted the growing trend of international dialogue in an era defined by unprecedented migration challenges. During this exchange, the ICA shared a comprehensive…

On a recent Wednesday, a significant shift in U.S. immigration policy occurred. President Donald Trump officially enacted a new travel ban that casts a wide net over 12 countries, predominantly situated in Africa and the Middle East. This decision, part of a larger crackdown on immigration, has sparked both concern and debate across the nation. “We don’t want them. We will not allow people to enter our country who wish to do us harm,” Trump declared in a video message that accompanied the announcement. His words…

New Travel Ban Signed by President Trump: An Overview On a Wednesday that many in the political arena won’t soon forget, U.S. President Donald Trump announced sweeping changes to the nation's travel policies by signing a new travel ban targeting twelve countries, predominantly situated in Africa and the Middle East. The implications of this directive could be profound, shaping the lives and futures of countless individuals across the globe. “We don’t want them. We will not allow people to enter our country who…

On a sunny Sunday, Egypt unveiled plans that could reshape its geographical and economic landscape. The initiative centers around the creation of a new city in the desert—Jirian City—signifying a bold attempt to navigate the complex challenges of water scarcity and economic strain. This ambitious project involves rerouting roughly 7% of Egypt's annual Nile River quota away from the fertile delta regions, aiming to direct much-needed resources into urban and agricultural development. According to Reuters, the diverted water…

Mogadishu (AX) — In an important step toward fostering national unity and addressing pressing governance issues, Somali President Hassan Sheikh Mohamud has officially announced the commencement of the National Consultation Forum. Scheduled to open in Mogadishu on June 15, 2025, this high-level gathering aims to bring together political and civil society leaders to discuss critical state-building priorities. “In times of uncertainty, dialogue becomes not just a mechanism, but a bridge,” President Hassan Sheikh articulated…