28 September 18

Somalia: UK urges donors to increase support for AMISOM

The United Kingdom is calling upon international donors to support the African Union Mission in Somalia (AMISOM) to help the Horn of Africa nation achieve long-term stability.

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28 September 18

EU approves €100 million budget to support Somalia for the first time

The European Union (EU) has approved a €100 million ($116m) budget to support Somalia’s government – the first time the EU has dedicated funds to the Horn of Africa nation.

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27 September 18

Somalia secures first World Bank grant in 30 years

The World Bank has approved $80 million in grants for Somalia to fund public finance reforms – the organisation’s first disbursement to the conflict-ridden country in 30 years.

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29 August 18

Ethiopia: World Bank offers $1bn support following Abiy reforms

Ethiopian prime minister Abiy Ahmed says the World Bank will provide $1 billion in budget support for the country over the coming months, thanks to his sweeping reforms since coming into office earlier this year.

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28 August 18

Portugal invested more in Rwanda than any other country in 2017

Rwanda Development Board (RDB) has revealed that Portugal was the largest external investor in the country in 2017 – accounting for 23.8% of the top ten foreign investors last year. Portuguese firm Mota Engil Engenharia e Construcao Africa is behind
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28 August 18

South Sudan resumes pumping crude oil from Toma South

South Sudan has resumed pumping crude oil from Toma South oil field almost five years since operations were halted by the country’s civil war.

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16 August 18

Somali president visits Djibouti amid diplomatic tension

Somalia President Mohamed Abdullahi Farmajo arrived in Djibouti on Thursday amid diplomatic tensions between the two Horn of Africa nations.

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11 August 18

Uganda president calls on youth to ‘wake up’ and pull country out of poverty, joblessness

Uganda President Yoweri Museveni has called on young people in the country to “wake up” and pull themselves out of poverty and joblessness.

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03 August 18

Djibouti: London court rules in favour of DP World

An Arbitral Tribunal of the London Court of International Arbitration (LCIA) has ruled that the Djibouti government’s seizure of the Doraleh Container Terminal from DP World was illegal.

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03 August 18

Rwanda shrugs off US trade war blow, turns to Europe

Rwanda has shrugged off the US’ decision to suspend its duty-free benefits for exporting clothes to the States – President Donald Trump’s latest move in a supposed “trade war”.

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