Business
DP World can’t borrow money from Banks after Djibouti Take-over
Global ports operator DP World has struggled to borrow from banks to finance new investments.
Russian Export Center, African Partners to Create $5Bln Commercial Payments Platform
Mogadishu – The Russian Export Center (REC), Russian banks and African partners will sign an agreement.
Mombasa port records decline in transit cargo
Nairobi (Somaliland.com) – The Kenya main Seaport, Mombasa, has recorded a sharp decline in transit.
Somaliland Frankincense Dates Back to Biblical Days
Frankincense was as good as gold in ancient times Early civilizations used camels to transport.
Drought and rise in food prices push Somalia’s inflation to 4%-IMF
Poor harvests push food prices up but IMF notes economic growth is stable
ITFC signs $600m agreement for trade financing in the Republic of Djibouti
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB).
Ride-hailing app employs thousands of youth in Somaliland
The APP is serving up to 10,000 customers a day using the app in Hargeisa. On a normal day each driver gets about three or four rides.
Meet Somalia’s trailblazing female camel trader
Zamzam Yusuf, a grandmother of 29, is breaking barriers by entering the once men-only camel trading industry in Somalia.
Puntland investment forum starts in Garowe
Garowe (Somaliland.com) – An investment forum has officially on Sunday opened in Garowe, to showcase.
Ethiopia: Saudi energy firm awarded first solar project under PPP
The ReporterEthiopia
Sterling Energy granted extension on Somaliland PSA
Sep 13, 2019 Sterling Energy has announced that the Government of the Republic of Somaliland has.
Hyundai sets shop in Somaliland stamping confidence in the country’s stability
Hargeisa (Somaliland.com) – South Korean car manufacturer Hyundai is the latest multinational company to venture.