IMF BANDAGE, SOMALI ELITE BONANZA: THE TRUTH BEHIND THE $40M PAYOUT. The International Monetary Fund’s recent approval of an additional $40 million for Somalia—bringing total access...
Africa’s development banks are entering a make-or-break moment. Behind closed doors in Washington, Paris and major investment houses, a quiet campaign is underway — one that...
Disinformation travels fast — and far. In a fascinating example, false narratives about Burkina Faso’s junta leader, Ibrahim Traoré, have found new life across the Indo-Pacific,...
Ethiopia’s central bank has turned its sights on four Somali-owned money transfer firms operating in the U.S., accusing them of laundering money and funneling funds into...
The International Monetary Fund’s recent approval of a $10 million disbursement to Somalia underscores the precarious balance between progress and vulnerability that characterizes Somalia’s economic trajectory....
At Rio Summit, Russia’s Foreign Minister calls for multipolarity, condemns neoliberal model, and pushes BRICS as engine of fairer world economy. Russian FM Sergey Lavrov asserts...
$10 million IMF release sparks new debate: Is Somalia on a path to recovery—or headed deeper into dependency? The IMF has signed the dotted line—again. But...
The once bountiful era of Western aid in Africa is receding, marking a significant shift in the continent’s development landscape. This decline is exemplified by the...
With Saudi-backed debt relief, Somalia shifts focus to economic growth, security, and strategic investment opportunities. Somalia has officially settled $4.5 billion in debt under the IMF’s...
Regional tensions and Houthi attacks in the Red Sea cause an $8 billion revenue loss for Egypt, compounding economic challenges. Egypt’s economy faces mounting pressure as...
The Somali government has announced a historic debt forgiveness agreement with France, amounting to $145.6 million. This move marks a significant milestone in Somalia’s ongoing efforts...
As Russia prepares to host the upcoming BRICS summit in Kazan from October 22-24, it is positioning the gathering as a key moment in its efforts...
Kenya has formally requested the International Monetary Fund (IMF) to carry out a detailed assessment of its governance and corruption issues, following pressure from Western nations....
Saudi Arabia’s Tourism Boom: Surpassing Vision 2030 Targets by Seven Years and Aiming Even Higher Saudi Arabia has achieved a major milestone in its Vision 2030...
Prime Minister Abiy Ahmed seeks substantial support from international lenders to stabilize Ethiopia’s economy Ethiopian Prime Minister Abiy Ahmed announced on Thursday that Ethiopia is expecting...