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Djibouti

IMF: Djibouti’s economy to expand by 6.4 per cent in 2015

December 30, 2015 Steven Addamah 0

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

September 22, 2015 Khalid Al Mouahidi 0

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

June 24, 2015 Geraldine Boechat 0

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

January 24, 2014 Steven Addamah 0

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

November 9, 2012 Steven Addamah 0

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

July 2, 2012 Steven Addamah 0

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 […]

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