somalia economy Stories
The Somali state collapsed as a cohesive national entity in 1991. The military government that had been in power since 1969 was overthrown by armed op...
The downturn follows a seven-month streak of growth that began in October last year to April this year, signalling a notable shift in economic momentu...
In a session chaired by Bamburi MCA Patrick Mbelle, leaders from Mkupe Beach Management Unit laid bare a series of long-standing grievances that have...
With access to green skills, women’s productivity in the green economy could triple. This is especially the case in agriculture, energy, manufacturing...
Somalia's domestic revenue, which comes second as the country's source of resources, has over the years remained low, with the World Bank now urging r...
Habitat loss through coastal development threatens many coastal ecosystems, including estuaries and mangroves, which are vital nurseries for many fish...
Addis Ababa was conspicuously left out, a departure from the 5.4 billion birr (Sh5.2 billion) grant the city received last year.
They were looted in 1897 when British forces led by Sir Henry Rawson invaded the Benin Kingdom, now part of southern Nigeria, and exiled its monarch,...
Mercy Mghanga criticised the limited decision-making space granted to women in beach management units (BMUs), saying they often hold positions in name...
MPs questioned why the process appeared to have stalled, who was truly in charge, and whether due process was being followed. CS Joho insisted the fin...
Finance Minister Bihi Iman, in a letter to the company, said that the termination came as a result of documented violations and ethical misconduct.
From modest corner shops to multi-million-shilling wholesalers, businesses here are increasingly turning to social media to attract a broader and more...
Insights from earlier engagements revealed that riders are primarily concerned with three factors: convenience, durability, and better performance of...
The projection also represents a significant cut from its earlier forecast of 5.0 per cent growth made in January.
The initiative, comprising three key pillars, aims to strengthen Tanzania's economic resilience and enhance its technical, financial and institutional...
The ambition took centre stage at the US-Kenya Creative Economy Forum held on Thursday in Nairobi, which brought together creatives, policymakers and...
The negative performance across the sectors is mainly attributed to the rising prices, which contributed to a drop in customer spending and weaker bus...
The survey attributes the bleak outlook to current geo-economic developments, such as tariff tensions between China and the United States, describing...
South Sudan lacks the operational capacity to extract the oil it has in the ground.
The Sh14.63 billion budget, which shows how money will be spent in key areas, has faced criticism, with residents asking for a more open and inclusive...
The programme aims to create at least 150,000 jobs across these regions through training, mentorship, and access to aquaculture markets.
This year’s Madaraka Day, themed “Our Water, Our Wealth: Harnessing Kenya’s Blue Economy for Sustainable Economic Development”, marks a significant mi...
This is despite its vast potential to propel the green drive and promote sustainable rural livelihoods.
The mineral deal was one of several agreements signed during Kagame's state visit, aimed at deepening bilateral ties and expanding cooperation in sect...
Official statistics from the Kenya National Bureau of Statistics show formal job creation fell to 75,500 in 2024, down sharply from 123,000 in 2023.
The lender credits the upgrade to robust growth in agriculture and vital service sectors, particularly fintech and mobile money.
The country’s resurgent inflation, driven by surging electricity and fuel costs, could force policymakers to consider rate hikes to keep price growth...
The bridge spans a total length of three kilometres across Lake Victoria. It is also connected by an additional 1.66 kilometres of feeder roads
Knight Frank attributes the slow growth to challenges stemming from a decelerating economy and mounting fiscal pressures during the review period.
The initiative promises to open up opportunities for filmmakers and artists to scale their craft to global standards, nurture talent, and spur job cre...
