Mogadishu (Diplomat.so) - In an increasingly digital economy, access to secure, efficient, and reliable financial services has become essential for entrepreneurs seeking to scale their operations. Salaam Somali Bank has responded to this demand by providing a range of digital banking solutions that…

Nairobi (Diplomat.so) - William Samoei Ruto, President of Kenya, inspected the ongoing expansion of the Bomas International Conference Centre (BICC) in Nairobi on Thursday, June 25, 2026, highlighting its projected role in strengthening Kenya's tourism and business events economy.

Khartoum (Diplomat.so) – Dr. Jibril Ibrahim, Sudan's Minister of Finance and Economic Planning, said on Thursday, 25 June, that the government is closely monitoring foreign exchange stability across national markets following recent fluctuations and policy interventions coordinated with the Central…

Beijing (Diplomat.so) – China Ministry of Commerce announced on Monday, June 22, 2026, new export controls targeting ten US defence and rare earth-linked companies in response to Washington's blacklisting of Chinese firms. The measures also restrict procurement and dual-use transfers, officials…

Freetown (Diplomat.so) - The Bank of Sierra Leone announced on Wednesday, June 17, that it has revoked the operating license of Union Trust Bank Limited, Sierra Leone's only privately owned indigenous commercial bank, after determining the institution had become insolvent and no longer satisfied…

Paris (Diplomat.so) - The Government of Kenya is nearing a landmark agreement with the United States that would see the country's critical minerals processed domestically rather than exported as raw materials, President William Ruto said on Wednesday, June 17, during the G7 Summit in Évian-les-Bains,…

Mogadishu (Diplomat.so) – Traders at the Siinka-dher camel market on the outskirts of southwestern Mogadishu, about 17 kilometers from the capital, reported on Wednesday, June 17, that a newly imposed tax increase on camel sales is disrupting livestock trade flows into the city's main slaughterhouses.

Maputo (Diplomat.so) - Mozambican authorities and transport regulators in Maputo, Mozambique, on Wednesday introduced fuel subsidy measures following increases in diesel and petrol prices that have affected transport operators nationwide.

Algiers (Diplomat.so) – Algeria's Ministry of Energy, Mines and Renewable Energies reported that the country's crude oil production continued to rise during May 2026, with output reaching 982,000 barrels per day, as the country moves closer to the symbolic milestone of one million barrels…

Abuja (Diplomat.so) - The Central Bank of Nigeria reported on Wednesday, June 17, that Nigeria's inflation rate has eased from 2024 highs, reflecting modest macroeconomic stabilization despite continued pressure on household living costs across major urban markets.

Djibouti (Diplomat.so) – Authority of Ports and Free Zones of Djibouti (APZFD)announced on Sunday, June 14, that Djibouti ranked third in Africa in the World Bank's Container Port Performance Index (CPPI) 2025, reflecting improved operational efficiency, reduced vessel turnaround times, and strengthened…

Kigali (Diplomat.so) – Rwanda's export sector recorded a significant shift in April 2026 as China emerged as one of the country's leading export destinations, with exports reaching US$47.74 million, narrowly behind the Democratic Republic of the Congo (DRC) at US$48.28 million, according to…

Khartoum (Diplomat.so) – The Sudan Founding Alliance, backed by the paramilitary Rapid Support Forces (RSF), has accelerated the creation of parallel monetary institutions in Sudan, prompting economists and banking specialists to warn that the country's financial system faces increasing fragmentation…

Mogadishu (Diplomat.so) – Somali Traders of Benadir Region representing importers operating through Mogadishu Port on Thursday, June 11, called on President Hassan Sheikh Mohamud to review Electronic Container Tracking Number (ECTN) fees applied to imported cargo, citing increased costs affecting…

Mogadishu (Diplomat.so) - Akkon Lines launched a new direct maritime service between Somalia and Türkiye on Thursday with the arrival of the vessel Konrad at Mogadishu Port, marking a significant development in trade connectivity between the two countries and expanding Somalia's access to regional…

Istanbul (Diplomat.so) - Türkiye Energy and Natural Resources Minister Alparslan Bayraktar and Nigeria Solid Minerals Development Minister Oladele Henry Alake signed mining cooperation memorandum in Istanbul Thursday during INRES 2026 updating 2021 agreement.

Canberra (Diplomat.so) - Australian Prime Minister Anthony Albanese announced on Tuesday, May 19, in Canberra, that Australia will import three shipments of jet fuel from China totaling 600,000 barrels to strengthen reserves.

Nairobi (Diplomat.so) – Kenya Interior Ministry officials said nationwide transport disruptions continued for a second day on Tuesday, May 19, across Kenya after negotiations with transport stakeholders collapsed over fuel price protests triggered by recent fuel price increases.

Asmara (Diplomat.so) – Eritrean President Isaias Afwerki received Egyptian Foreign Minister Badr Abdelatty and Transport Minister Lt. Gen. Eng. Kamel al-Wazir in Asmara on Saturday, May 16, where Egypt and Eritrea signed a maritime transport cooperation agreement aimed at establishing new shipping…

Singapore (Diplomat.so) – Asian governments and energy agencies across India, Southeast Asia and East Asia on Thursday, May 14, are confronting a second wave of energy price shocks following continued disruption in the Strait of Hormuz, which has affected global crude oil and liquefied natural gas…