Djibouti, IDB ink $75 mln fuel imports deal
Djibouti energy minister on Tuesday said the Horn of Africa nation has inked a $75 million financing agreement with the International Islamic Trade Finance Corporation […]
Djibouti
EU Releases New Blacklist of Banned Airlines, Many are African
The European Union has published its new blacklist of airlines failing the block’s aviation regultions.19 countries feature on the blacklist. The restrictions imposed by the […]
Djibouti: Ismail Guelleh Re-elected with Landslide Win
Djibouti’s incumbent President Ismail Omar Guelleh on Friday won a landslide victory in an election criticized by opposition parties and civil society organizations. “According to […]
Djibouti signs important economic agreements with China
Djibouti’s president signed earlier this week trade and economic agreements with the Chinese government to set up a legal framework and allow Chinese financial service […]
IMF: Djibouti’s economy to expand by 6.4 per cent in 2015
Djibouti’s economy will expand by an average 6.5 percent in 2016, the same as this year, the International Monetary Fund (IMF) said in a statement […]
Somalia: Car bomb attack near presidential palace kills 5
Five people have been killed after a car bomb exploded close to the presidential palace in Somalia’s capital Mogadishu on Monday, police said. The blast […]
Djibouti: Shanghai Electric to construct first wind farm
Shanghai Electric won a contract for the construction of Djibouti’s first wind power farm. Djibouti’s Energy Minister in charge of Natural Resources Ali Yacoub Mahmoud […]
Mauritania : Islamic finance to be introduced
In its efforts to modernize the banking system and make long-term loans available to companies, Mauritania’s central bank aims at developing the Islamic finance, Central […]
Djibouti’s Islamic finance strategy revealed
Islamic finance is getting popular by the day across the Middle East and North Africa as transactions continue to grow despite the global economic crisis. […]
Ethiopia to extend railway network under $3.2 billion deals
Ethiopia will extend its railway network by the construction of 5,000 km of railway lines by 2020. To this end, Ethiopia struck deals with a […]