Business

As Somalia continues on positive trajectory, Visa International partners with IBS bank

Mogadishu, Somalia – With peace and stability returning to Somalia, the country is beginning to enjoy international banking and financial services that can link the country to global financial networks for ease of doing business, and also support the growth of local industries.

Stigma and Business Failure: The story of Somali barbershop owner

By Ahmed Jeyte -

Southern African Leaders Discuss Regional Economic Integration

Regional integration, security, macroeconomic stability and others formed the major issues discussed when Southern African leaders gathered late June in Maputo, Mozambique.

Trade Imbalance: Villa Somalia's profit making Khat for Fish business

Mogadishu, Somalia – Somalia recently signed a deal with Ethiopian government which swaps khat for Fish, a deal immediately welcomed by Somalia's incumbent president Mohamed Abdullahi Farmaajo.

South Sudan's Block 5A Recommences Oil Production

JUBA, South Sudan, -- Sudd Petroleum Operating Company (SPOC) – the operator of the Block – will unpack its production resumption journey at the upcoming South Sudan Oil & Power (SSOP) 2021 conference, organized by Energy Capital & Power taking place at the Crown Hotel, Juba, on June 29-30; Block…

19 people sick after eating poisonous camel meat in Somalia

Baidoa, Somalia (Horn Observer) At least 19 people were poisoned this week in Rabdhuure district in Bakool region, some of them seriously ill after eating meat from camels sick with mysterious sickness, officials and activists said.

Somalia: Khat cartels have links with Farmajo Family, traders claim

MOGADISHU, Somalia (Horn Observer) Nadifo Abdullahi Salad looks up to express her indignation. She is seated in her shop in downtown Mogadisho, where she has been selling Khat for the last few years.

Lusophone Summit: A Step Toward Creating Sustainable Business

Long before the Portuguese-speaking countries wrapped up their first business summit in Simpopo, Equatorial Guinea, that gathered approximately 250 government officials and corporate business leaders from Guinea Bissau, Cabo Verde and Sao Tome and Principe, Portugal, Brazil and Mozambique, it was described…

Kenya Airways statement on flights to Hargeisa, Somaliland

Nairobi -Kenya (Horn Observer) Kenya's national carrier, Kenya Airways (KQ), on May 12, released a press statement clarifying that they had not launched flights between Nairobi and Hargeisa, Somaliland.

Sudan: African Development Bank Group approves proposal to clear $413 million arrears

ABIDJAN, Ivory Coast -- The Boards of Directors of the African Development Bank Group on Friday approved a proposal for the clearance of about $413 million in arrears on loans owed by Sudan to the institution, marking a major milestone in the country's re-engagement with international financial…