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Somalia’s Prime Minister Rules Out Return to Indirect Elections, Calls for National Unity

Somalia’s Prime Minister Rules Out Return to Indirect Elections, Calls for National Unity

Mogadishu, June 22, 2025 — Somalia’s Prime Minister Hamza Abdi Barre on Sunday evening emphasized that the country cannot revert to indirect elections and affirmed the government’s commitment to handing power directly to the Somali people....

Somalia’s first Stock Exchange goes live

Somalia’s first Stock Exchange goes live

Dobriy den, Victoria from Techpoint here, Here’s what I’ve got for you today: Somalia’s first Stock Exchange goes live Cape Town approves 1,100 new ride-hailing licences DStv Premium gets VIP help line Somalia’s first Stock Exchange goes live...

Pakistan, Afghanistan no longer part of World Bank’s South Asia region

Pakistan, Afghanistan no longer part of World Bank’s South Asia region

The people cited above said Pakistan and Afghanistan will now be grouped under the bank’s Middle East and North Africa (Mena) region, which would leave the South Asia group with six countries—India, Bangladesh, Bhutan, the Maldives, Nepal and Sri...

Delinquency, Inc.: How crime is infiltrating the global economy

Delinquency, Inc.: How crime is infiltrating the global economy

The tentacles of organized crime reach across the globe, strengthened by growing armed conflicts, various crises and a worldwide panorama that has put democracies under pressure. No country is immune; in fact, according to the Global Initiative...

Somalia’s coastal crisis: Voices from the edge of the sea

Somalia’s coastal crisis: Voices from the edge of the sea

This photograph captures the coastal area of Mogadishu, Somalia, offering a view of the shoreline and water. The scene highlights the region's natural environment and coastal geography. Image by NMIUM from Alamy. Public domain. By Vladyslav...

Dramatic rise in the number of journalists killed in six months



Dramatic rise in the number of journalists killed in six months



The FINANCIAL — The number of journalists killed rose dramatically in the first six months of this year. Since January, 86 media workers have been killed in 26 countries, more than 16% compared to last year, said Friday the Press Emblem Campaign...

Court clears six Moroccans but they remain detained in Somalia

Court clears six Moroccans but they remain detained in Somalia

Families call for urgent help as six Moroccans languish in Somali prisonSix young Moroccan men have been held for several years in a prison in Garowe, Puntland, Somalia. Although a final court ruling acquitted them of charges related to terrorism,...

Migrants who arrived in last 10 years are staying for longer

Migrants who arrived in last 10 years are staying for longer

Of all immigrants holding a nationality other than Dutch (when they arrived in the country) who arrived in the past 25 years, around a third departed within two years and over half left within five years. Download CSVShow datatable Migrants who...

Otumfuo speaks on war in DR Congo, Somalia, Sudan during King Mswati's visit

Otumfuo speaks on war in DR Congo, Somalia, Sudan during King Mswati's visit

The Asantehene, Otumfuo Osei Tutu II, has called on countries embroiled in conflict on the African continent to make peace reign. He stated that the conflicts in the Democratic Republic of Congo, Somalia, Chad, and Sudan do not reflect well on the...

World Bank: 421 million living in extreme poverty globally as conflicts more than tripled since 2000

World Bank: 421 million living in extreme poverty globally as conflicts more than tripled since 2000

WASHINGTON, June 28 — Conflicts and related fatalities have more than tripled since the early 2000s, fuelling extreme poverty, the World Bank said yesterday. Economies in fragile and conflict-affected regions have become “the epicentre of global...

Somalia unveils stock exchange

Somalia unveils stock exchange

In a landmark move, Somalia has announced the establishment of its stock exchange, based in the capital city of Mogadishu, marking a significant milestone in the country’s economic landscape. After decades marked by political turmoil and economic...

World Bank: Conflict, instability driving extreme poverty in Nigeria and 38 other economies 

World Bank: Conflict, instability driving extreme poverty in Nigeria and 38 other economies 

The World Bank has raised alarm over the growing impact of conflict and instability on 39 developing economies, including Nigeria, warning that these states are being left behind on key development indicators, with extreme poverty, hunger, and...

Is Israel heading for Somalia-style collapse?

Is Israel heading for Somalia-style collapse?

A colleague of mine, whose scholarly work on Africa carries considerable weight in academic circles, recently made a penetrating analysis of Somalia's contemporary condition. Historically, Somalia presented itself as a nation with a remarkably...

From billions to trillions to traps: Rethinking development finance from the periphery

From billions to trillions to traps: Rethinking development finance from the periphery

As preparations intensify for the next Financing for Development (FfD) summit in Seville, Spain, starting on the last day of this month, the development community is once again reflecting on the promises and pitfalls of global finance. Since the...

Surge in conflicts fuels extreme poverty: World Bank

Surge in conflicts fuels extreme poverty: World Bank

photo used for representational purposes. (From L) Spain's Minister of Economy, Trade and Business Carlos Cuerpo, Chairman of the Paris Club Bertrand Dumont, France's Minister for Economy, Finances and Industrial and Digital sovereignty Eric...

Rise in conflicts fuel extreme poverty – World Bank

Rise in conflicts fuel extreme poverty – World Bank

The World Bank on Friday said increase of conflicts and related fatalities since the early 2000s has fueled extreme poverty. This was as it said economies in fragile and conflict-affected regions have become the epicenter of global poverty and...

Somalia launches first national stock exchange

Somalia launches first national stock exchange

MOGADISHU, June 19 (Xinhua) -- The National Securities Exchange of Somalia (NSES) was officially launched on Thursday to spur the country's long-term economic growth and its integration into regional and global financial markets. NSES will...

18 Al-Shabaab Militants Killed in Airstrike in Somalia

18 Al-Shabaab Militants Killed in Airstrike in Somalia

Fri 27 Jun 2025 | 12:22 PM The Somali army, in coordination with international partners, killed 18 al-Shabaab militants and destroyed two military vehicles in a targeted airstrike in Hiran, central Somalia. The operation is part of an ongoing...

MPs approve AFC deal in push for longterm financing solutions

DODOMA: THE National Assembly has ratified the Agreement for the Establishment of the Africa Finance Corporation (AFC), paving the way for Tanzania to access long-term investment financing aimed at boosting infrastructure, industrial growth and...

Business News | Indian Author and Human Rights Advocate Rajesh Talwar Honoured with the University of Nottingham Alumni Award

Business News | Indian Author and Human Rights Advocate Rajesh Talwar Honoured with the University of Nottingham Alumni Award

HT Syndication New Delhi [India], June 20: Renowned multi-genre Indian author has been recently honoured with the University of Nottingham Alumni Laureate Award. Rajesh Talwar a legal scholar, and a former senior United Nations official has...

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