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Chief Correspondent

Chief Correspondent
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Somalia opens first foreign bank in over 5 decades

Ziraat Katilim Bank of Türkiye has opened a branch in the Somali capital of Mogadishu, becoming the first international bank to operate in the...

Egypt-EU Investment Deals Secure $33 Billion in Green Ammonia

A major Egyptian-European investment conference concluded on Sunday, resulting in investment agreements totaling tens of billions of U.S. dollars. During the two-day Egypt-EU Investment Conference...

Militants Attack Somalia Hotel, at Least Four Dead

Al-Shabab militants launched an attack on the heavily fortified Villa Rosa Hotel in Somalia's capital Mogadishu on Sunday, police said. At least four people...

RBZ Suspends Three Financial Institutions in One Day

The Reserve Bank of Zimbabwe (RBZ) today suspended three financial institutions: InnBucks, MetBank and Rolink Finance (Private) Limited for violating foreign exchange control regulations....

Angola Ruling Party Wins 2022 Election

The People's Movement for the Liberation of Angola (MPLA), Angola's ruling party, was declared the winner of the 2022 general elections held last week,...