Thursday, February 25, 2021
Home Business & Economy

Business & Economy

Hyundai Construction Equipment (HCE), an affiliate of the Hyundai Heavy Industries GROUP, has signed a distributorship agreement with NEFC, a move that is set to accelerate its forays into the East African market including Ethiopia, Djibouti, Somalia, Somaliland, and...
Abdigani Diriye was included in a recent ranking of the top 200 young African economic leaders by Institut Choiseul. Born in Somalia, Diriye is passionate about using science to unleash innovation in Africa, and says his research is closely...
Somaliland has achieved what neighboring Somalia has failed to do for years: peace, stability, an end to terror – and that with almost no international help. How does it work? Pizzerias, burger shops and cafés with barista lattes have been around...
Maico Money Transfer Chief Executive Innocent Higiro (left) and Mustafe Sheikh Adan Amin, the Managing Director of Dahabshiil in Rwanda, hold signage during the launch of the partnership between the two companies in Kigali on Tuesday, September 29. /  Maico...
Press-Release by  Dear Stakeholder, BURN Manufacturing Co. will implement the carbon project activity ‘VPA1: Efficient and Clean Cooking for households in Somaliland‘ under the Gold Standard Programme of Activities (PoA) ‘ECOA_BURN multi-country Clean Cooking Programme’. The PoA is managed by BURN Manufacturing...
Somali money transfer companies moved more than $3.7 million in cash between suspected weapons traffickers in recent years, including to a Yemeni under U.S. sanctions for alleged militant links, according to a report seen by Reuters. FILE PHOTO: Somali Puntland...
DP World is expanding the Port of Berbera in Somaliland with a terminal to raise capacity to handle more than 500,000 TEU of containers per year By Martyn Wingrove This first phase of development is scheduled to be completed by Q1...
Lonestar Cell MTN, Liberia’s leading GSM and Mobile Financial Services company, has partnered with WorldRemit to make it possible for Mobile Money customers to now receive international remittances straight to their Lonestar Cell MTN Mobile Money accounts, free of...
Trafigura Group has committed to work with the government of Somaliland to upgrade the Berbera Oil Terminus facilities and position it as a gateway to serve customers within the country, and integrate oil logistics across the Horn of Africa. Trafigura,...
By M.A. Egge The Governor of the Central Bank Mr. Ali Ibrahim Baghdadi has cautioned the merchant community not to do transactions unscrupulously in any monetary exchange rates other than that given by the Central Bank. The Governor further warned that...