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Recently, Turkey's exploration vessel, the Oruc Reis, accompanied by Turkish naval forces, embarked from Istanbul, journeying toward Somali waters. Their aim? Hunt for what are touted as bountiful energy resources. This mission is a part of a broader pact on energy and security strands between Turkey and Somalia, amid what experts call a burgeoning camaraderie. Yet, there's a caveat. These analysts also wave red flags over escalating regional tensions that could derail Ankara’s dreams. Turkey's ambitions rest heavily on…

The Navy's conclusions come after several moons filled with inquiries about the Jan. 11 mishap. CENTCOM has decided to halt its search for two U.S. Navy SEALs lost during a nocturnal operation. Two brave U.S. Navy SEALs tragically drowned in a pitch-black raid off Somalia's shores last Jan., weighed down by their gear, as revealed by a military probe carried out last Friday. The report from the Naval Special Warfare Command closes a heartrending nine-month journey to solve the mystery of how two top-tier operatives lost…

Mogadishu (AX) — Somalia’s banking industry, worth a cool $2 billion, is gearing up for some serious expansion. This growth spurt is fueled by new rules and a rising wave of interest in fintech. But there's a hitch with bringing cryptocurrencies into the mix, as the sector grapples with syncing up international financial norms and Islamic banking values. While people are starting to buzz about cryptocurrency in Somalia, the chatter is still pretty nascent. Local banks are dipping their toes into figuring out how to weave…

Djibouti’s US Ambassador Doualeh outlines plans to defuse tensions between Ethiopia and Somalia Ethiopia's move sparked outrage in Mogadishu, which accused Addis Ababa of breaching its sovereignty, leading to a diplomatic fracas. In a chat with VOA's Peter Clottey, Ambassador Mohamed Siad Doualeh expressed optimism, stating that Djibouti's proposal could help mellow down the tensions between Mogadishu and Addis Ababa.