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Djibouti on Thursday launched the first phase of Africa’s biggest free-trade zone, seeking to capitalise on its strategic position on one of the world’s busiest trade routes. AfricaAt ceremonies in the capital, President Ismael Omar Guelleh hailed the scheme as the culmination of infrastructure projects “boosting Djibouti’s place in international trade and commerce”. The Horn […]
Dubai’s DP World Limited and its subsidiaries have taken legal action against China for building an international free zone on a terminal being disputed with Djibouti. China The lawsuit was filed in the High Court of Hong Kong for unlawfully procuring and inducing the Republic of Djibouti to breach various agreements between the African country […]
The World Bank Country Director, Rachid Benmessaoud, on Wednesday, presented the Report on 2018 Ease of Doing Business to Vice-President Yemi Osinbajo. The Vice-President Osinbajo, after the presentation of the Report, went into a closed door meeting with the World Bank officials at the vice president’s conference hall, Presidential Villa, Abuja. Osinbajo The World Bank, […]
The Department of Defense (Pentagon) has announced the realignment of Counter-Violent Extremist Organization personnel operating in U.S. Africa Command to support priorities outlined in the National Defense Strategy. A statement on its website said over the next several years, the realignment projects a reduction of less than 10 per cent of the 7,200 military forces […]
US Secretary of State Rex Tillerson / AFP PHOTO / JOHN THYS Washington’s top diplomat set off for Africa on Tuesday to tour countries that form a new theater for competition with America’s ambitious great power rival China. Secretary of State Rex Tillerson’s trip to Ethiopia, Kenya, Djibouti, Chad and Nigeria will take him to […]
A group of vulnerable refugees from several African countries, who had been stuck in war-ravaged Libya, have been evacuated to Niger, the UN said Sunday. The UN refugee agency said the evacuation of 25 “extremely vulnerable refugees” from Libya Saturday marked the first of its kind. The chaos-ridden country has long been a major transit […]