Kenya has hit back at Djibouti for contesting against its endorsement by AU to represent Africa at the United Nations Security Council. Through the ministry of Foreign Affairs, Kenya said it considers the matter no longer about a candidature but...
The Director General of Central Bank of Somaliland Mr. Mohamed Qassim Hussein has been on an official visit to Ethiopia and Djibouti. He led a delegation of financiers to meet with his Ethiopian counterpart Mr. Mamo Mihretu. During their meeting in...
BY MULUGETA GUDETA The Horn of Africa is increasingly becoming a region with growing military strategic and economic assets. Great economic powers such as the United States, China, the Gulf States, and some European countries are vying for control, influence...
The East Africa Bank has initiated an ambitious expansion plan. The bank, which seeks to become one of the top financial institutions in the east African region, is targeting to venture into Ethiopia and other countries in the region. EAB Chief...
President of Djibouti H.E Ismael Omar Guelleh, on Thursday, received SL’s FM, Dr. Essa Keyd Mohamud, who is leading a high-powered delegation that is currently in Djibouti on working visit. The visit embarked by the FM of Somaliland to Djibouti...
Ethiopia, whose energy needs are constantly growing, remains dependent on Djibouti’s infrastructure policies – and keeps demanding more. But the announced extension of the port of Horizon could be compromised by another project: the Damerjog petrochemical complex. Djibouti’s business landscape...
Hargeisa- The government of Somaliland expected to receive from Djibouti a citizen who have been jailed for terrorism-related offenses, after mutual discussions held by the two countries agreed to the repatriation move. Abdullahi Sheikh Abdirahman, has been for last 8...
The US Acting Defence Secretary Patrick Shanahan on Thursday said Beijing is diligently building an "international network of coercion through predatory economics", as he made a scathing criticism of the ambitious 'One Belt, One Road' (OBOR) project, which is aimed at enhancing China's...
A delegation led by the Governor of the Central Bank of Somaliland Eng Ali Abdilahi Dahir met with his counterpart the Governor of the Central Bank of Djibouti Hon. Ahmed Osman in Djibouti.   The two sides discussed ways to boost...
A leading bank in Djibouti has written to the Central Bank of Kenya raising concerns of what it fears to be a scheme to defraud Kenyans using its name and logo. The East Africa Bank based in the Djibouti says...