Diplomat News Network – Somalia & Global News

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President William Ruto inspects the ongoing construction of the Bomas International Conference Centre in Nairobi, as Kenya advances plans to expand its global conferencing and tourism capacity.

Ruto Says Kenya's Bomas Project Will Lift Tourism to 5 Million Visitors

25/06/2026 - 17:27:35
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542
Guled Abdi
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.
Dr. Jibril Ibrahim, Sudan's Minister of Finance and Economic Planning.

Sudan Government Monitors Currency Exchange Stability

25/06/2026 - 16:57:06
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Guled Abdi
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…

China bans exports to 10 US defence companies

22/06/2026 - 14:35:13
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Jalajed Aden
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…

Sierra Leone Shuts Union Trust Bank Over Insolvency

18/06/2026 - 13:44:59
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Guled Abdi
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…

William Ruto Pushes Kenya-US Critical Minerals Deal

18/06/2026 - 13:12:03
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Guled Abdi
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,…
Somali camels, a national herd estimated at nearly 10 million, remain central to Somalia's livestock economy and pastoral life.

Siinka-Dher Camel Market in Somalia Sees Supply Drop

17/06/2026 - 20:03:22
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Waeis Amin
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.
Public transport bus in Maputo, Mozambique, operating amid rising fuel prices that have prompted government subsidy measures for transport operators nationwide.

Mozambique fuel prices squeeze fishing communities

17/06/2026 - 15:42:24
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Aden Abdi
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.
Oil facilities in Algeria operate steadily as the country's crude production rises toward the one million barrels per day milestone under OPEC+ output adjustments.

Algeria Nears 1 Million Barrels as Oil Output Rises

17/06/2026 - 15:31:52
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Aden Abdi
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…
Traders and customers navigate busy market stalls in Nigeria, where easing inflation has yet to significantly reduce the high cost of everyday food and essential goods.

Nigeria Inflation Eases but Living Costs Stay High

17/06/2026 - 15:20:02
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Guled Abdi
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.
Aerial view of Djibouti's port facilities, where container terminals and cargo cranes operate continuously, reflecting the country's growing role as a key maritime logistics hub on the Red Sea corridor.

Djibouti port performance ranks 3rd in Africa CPPI

14/06/2026 - 18:02:10
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Guled Abdi
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…
China–Rwanda trade ties expand as exports reach $47.7 million in April 2026, official data show, highlighting growing economic engagement between Kigali and Beijing.

China Nears Top Rwanda Export Market With $47.7M Trade

14/06/2026 - 13:13:24
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480
Guled Abdi
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…

RSF-Linked Currency Plan Deepens Sudan Uncertainty

14/06/2026 - 12:58:09
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413
Guled Abdi
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…

Somali Traders in Mogadishu Seek ECTN Fee Review

12/06/2026 - 00:39:54
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Waeis Amin
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…

Türkiye–Somalia Trade Boosted by New Direct Sea Route

11/06/2026 - 23:10:18
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591
Waeis Amin
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…
Türkiye and Nigeria sign a mining cooperation memorandum in Istanbul during the 2nd Istanbul Natural Resources Summit (INRES 2026), aiming to expand joint investment, exploration, and technology exchange in the minerals sector.

Türkiye, Nigeria target mineral investment in new deal

22/05/2026 - 02:44:53
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Aden Abdi
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.
Australian Prime Minister Anthony Albanese.

Australia to import 600,000 barrels of jet fuel from China

19/05/2026 - 14:22:01
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Hared Abdalla
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.
Kenya Interior Ministry officials address the media in Nairobi on Monday, outlining casualties, arrests, and security measures following nationwide fuel price protests that disrupted transport for a second consecutive day.

Kenya transport crisis enters 2nd day after fuel protests

19/05/2026 - 12:57:09
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Guled Abdi
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.
Eritrea and Egypt sign a maritime transport cooperation agreement in Asmara, formalizing expanded shipping and logistics cooperation across the Red Sea.

Eritrea, Egypt Sign Shipping Pact in Asmara

17/05/2026 - 01:56:30
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Guled Abdi
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…
Strait of Hormuz, a critical global energy chokepoint where shipping lanes carrying a significant share of the world's oil and gas pass through narrow waters, amid heightened tensions and disrupted maritime traffic.

Asia Faces Second Wave of Energy Shock as Hormuz Crisis Deepens

14/05/2026 - 21:21:18
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574
Jalajed Aden
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…
US President Donald Trump gestures while delivering remarks at the White House in Washington, May 11, 2026.

Trump Moves on Gas Tax as Oil Prices Jump Sharply

12/05/2026 - 23:16:57
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522
Amin Guled
Washington DC (Diplomat.so) - U.S. President Donald Trump announced on Monday, that his administration will suspend the federal gasoline tax following a sharp increase in fuel prices driven by escalating tensions between the United States and Iran and reported disruptions to global oil shipments through…