Business

British oil tanker hit by Houthi missile off Yemeni coast

Nairobi (Horn Observer) A British oil tanker came under attack on Friday after being struck by a missile launched by Yemen's Houthi rebels off the coast of Yemen.

Liberia-flagged vessel boarded by pirates off Somalia; concerns mount for crew safety

GAROWE (HORN OBSERVER) – The United Kingdom Maritime Trade Operations (UKMTO) has received a report confirming that a Liberia-flagged bulk carrier fell prey to suspected Somali pirates on Thursday, southeast of Eyl, a coastal town in the Nugaal region of Somalia's Puntland State.

Russian entity in collaboration with Somali authorities demand corruption news report taken down

MOGADISHU (HORN OBSERVER) - Startling revelations have emerged as documents expose the partnership between BPC Smart Vista FZ-LLC, a Russian-owned company under the proprietorship of Anatoly Loginov, and the Somali government in a lawsuit against journalists and a media organisation.

Unsettling wave of attacks targets Hormuud Telecom amidst allegations of rivalry

NAIROBI (HORN OBSERVER) – Abdiwahab Osman Ahmed, an employee at the Hormuud Telecom in Mogadishu was killed after a fatal bombing incident on Saturday in the Huriwa neighbourhoods of the capital.

Chinese Funding Scandal: Somalia court imposes travel ban on president Mohamud's ally

MOGADISHU (HORN OBSERVER) – On the 13th of December, the Banadir Regional Court imposed a travel ban on a prominent confidant of President Hassan Sheikh Mohamud after funds from Chinese Embassy went missing, documents revealed.

Somalia's NISA-linked company named exclusive Huawei representative, telecom giants raise concerns

MOGADISHU (HORN OBSERVER) – Dalkom Somalia, co-owned by the Somali national intelligence and security agency (NISA) director, has been unveiled as the sole representative for Chinese tech giant Huawei Technologies Ltd.

Somalia's Charcoal Crisis: Al-Shabaab's looming opportunity

Mogadishu, Somalia (Horn Observer) In a worrisome turn of events, Al-Shabaab, the militant group entrenched in Somalia, is poised to seize upon a golden opportunity following the United Nations Security Council's recent approval of a complete one-off disposal of the nation's charcoal stockpiles…

Report reveals corruption and Russian Oligarchy's connection in Somalia's Central Bank

MOGADISHU (HORN OBSERVER) – A 62-page document presented by Member of Parliament, Abdullahi Hashi Abib, Chair of the Accountability and Transparent Caucus of the Somali Federal Parliament's House of the People, reveals a web of corruption within the Central Bank of Somalia.

Fluctuating Fortunes: Surge in weapons supply impacts black markets in Somalia

MOGADISHU, Somalia (Horn Observer) As the government under President Hassan Sheikh Mohamud initiates a significant offensive against the militant group al-Shabaab, an unintended consequence is beginning to manifest in the form of an influx of weaponry into the black market of Mogadishu.

Somalia orders blocking of TikTok and Telegram following street protests in the capital

MOGADISHU (HORN OBSERVER) – After a day of street protests that rocked the capital, Mogadishu, the Somali government has unveiled its intention to block access to TikTok and Telegram, two prominent social media platforms widely used for sharing videos and communication.