State-owned RAK Gas, which supplies natural gas to the UAE's northern emirates and Africa, said on Monday it has signed a production sharing agreement with Zanzibar. The project is the African country's "first-ever exploration project", said RAK Gas co-chief executive...
ADDIS ABABA, 15 Oct 2009 (Somalilandpress) - French company Bollore Africa Logistics is to invest €500-million in the Somali port of Berbera, a crucial lifeline for landlocked Ethiopia, a diplomat said Wednesday. Berbera, less than 300 kilometres east of the...
Gov’t to investigate the matter Somalilandcurrent- Ethiopia losses its opportunity to the ownership of 19 percent of Berbera Port as the government failed to fulfill certain conditions according to Dr. Saad Ali Shire, Ministry of Finance of the Republic of...
By Ahmed Mohamed Yusuf The launch of a national payments system has allowed Somalia to centralise its digital payments. The country is on the cusp of a digital revolution, with opportunity ripe for the picking. Mogadishu famously only installed its first...
  Press Release SEF London - This landmark agreement between Barwaqo Microfinance Bank and the multinational MoneyTrans is the first of its kind and represents a paradigm shift in the money remittances scene. Barwaqo Bank has been functioning effectively for the past calendar...
The Minister of Finance of the Republic of Somaliland Dr. Saad Ali Shire together with the Director General of the Ministry of Finance, the Mayor of Burao District, the Deputy Governor of Togdher Region, the Executive Secretary of Local...
PRESS RELEASE Ministry of Transport of Ethiopia and DP World sign MoU for the development of the Ethiopian side of the Berbera Corridor DP World, a leading global provider of end to end logistics solutions, and the Ministry of Transport, have...
At a celebrity-studded grand opening function on Thursday, His Excellency the President of Somaliland, Musa Bihi Abdi, launched the entry of Hyundai brand cars to Somaliland market. Engineer Awil Sharif, CEO of this newest addition to the world-renowned Group, going...
Kenyan entrepreneurs and technicians have found great opportunities in Somaliland’s trade and economy, according to a report by KTN television station Sophia Ali. What should we focus on in terms of employment opportunities for Kenyans in Somaliland? Employment opportunities in...
MicroDahab MFI, a microfinance subsidiary of Dahabshiil Group, has announced a collaboration with SolarGen Technologies to create the first ijarah thumma Iqtina (“lease to purchase”) sustainable energy product in Somalia. The initiative will enable clients to own a solar-powered water...