DP World, Masdar Sign MoU To Explore Clean Energy Solutions

Masdar to provide technical advisory services and explore renewable energy solutions for DP World’s ports and free zones in the Middle East and Africa Continue reading “DP World, Masdar Sign MoU To Explore Clean Energy Solutions”

WorldRemit Adds Android Pay As Secure Option For Migrant Remittances

San Francisco – Cross-border money transfer service WorldRemit is enabling its immigrant customer base to send money home using Android Pay, making it the first international remittance firm to run on the Google payments system, the company said on Tuesday. Continue reading “WorldRemit Adds Android Pay As Secure Option For Migrant Remittances”

Genel’s Fundamentals Are Sound, Says Chairman

The fundamentals of Genel Energy’s business are sound and the strategic focus is clear despite recent changes at board and management level, shareholders will be told at today’s annual general meeting. Continue reading “Genel’s Fundamentals Are Sound, Says Chairman”

DP World To Invest Half A Billion In Somaliland Port

Dubai-based port operator DP World has announced plans to spend $442m on the expansion of its port at Berbera in Somaliland. Continue reading “DP World To Invest Half A Billion In Somaliland Port”

Berbera Port To Serve Trade Needs Of Landlocked Ethiopia

The government of landlocked Ethiopia has secured rights to access and use Somaliland’s Red Sea port of Berbera, Continue reading “Berbera Port To Serve Trade Needs Of Landlocked Ethiopia”

DP World Celebrates New Concession At Somaliland Port

On May 11, executives with DP World held a ceremony with President Ahmed Mohamed Mohamoud Sillanyo of Somaliland to celebrate the start of DP’s 30-year concession at the port of Berbera. Continue reading “DP World Celebrates New Concession At Somaliland Port”

DP World Marks Start Of Concession In Somaliland

Dubai-based DP World, a global trade enabler, has celebrated its 30-year port concession for the management and development of a multi-purpose port project at Berbera, Republic of Somaliland which started on March 2. Continue reading “DP World Marks Start Of Concession In Somaliland”

Refugee Turned Fintech Chief Aims To Upend A $444 Billion Market

By Edward Robinson

WorldRemit uses mobile money to make inroads in remittances Continue reading “Refugee Turned Fintech Chief Aims To Upend A $444 Billion Market”

Ethiopia Mulls Electricity Export To South Sudan, Somaliland

Addis Ababa, Ethiopia, May 3, 2017 – Ethiopia is undertaking feasibility studies to export electricity to South Sudan and Somaliland. Continue reading “Ethiopia Mulls Electricity Export To South Sudan, Somaliland”

How Somaliland Is Putting The Horn of Africa On The Map

By Merlin Linehan

Somaliland is a breakaway nation on the Horn of Africa, officially part of Somalia and never recognized by any other state it has been effectively independent since the civil war that engulfed Somalia over 20 years ago with its own government and administration based in the capital Hargeisa. Continue reading “How Somaliland Is Putting The Horn of Africa On The Map”

Port Of Djibouti To Become ‘Shekou Of East Africa’, According To Chinese Investors

China Merchants Group (CMG) has announced that it wants to turn the Port of Djibouti into a big hub port, similar to the Shekou terminal in Shenzhen, China. Continue reading “Port Of Djibouti To Become ‘Shekou Of East Africa’, According To Chinese Investors”

Firm Behavior In Fragile States: The Cases Of Somaliland, South Sudan, And Eastern Democratic Republic Of Congo

This report, based on field research, documents which features of business work in fragile areas and how businesses operate in regard to strategy, contract enforcement, and other aspects of firm behavior. Continue reading “Firm Behavior In Fragile States: The Cases Of Somaliland, South Sudan, And Eastern Democratic Republic Of Congo”

Multi-Million Dollar Deal For Somaliland’s Historic Port Sparks Land Rush

By Tom Gardner

BERBERA, Somaliland – The land along the road into Berbera is barren and empty. Somaliland’s small, rusty Gulf of Aden port which for centuries made the town prosperous rises suddenly out of the ground as the road hits the coast. Continue reading “Multi-Million Dollar Deal For Somaliland’s Historic Port Sparks Land Rush”

Djibouti-Somaliland Feeder Line Service To Launch In April

New carrier Djibouti Shipping Lines (DSL) plans to launch a container shuttle service in April connecting Djibouti to Berbera (Somaliland), according to Alphaliner.  Continue reading “Djibouti-Somaliland Feeder Line Service To Launch In April”

Still In Limbo, Somaliland Banking On Berbera

By James Jeffrey

Hargeisa, Somaliland – Crossing African borders by land can be an intimidating process (it’s proving an increasingly intimidating process nowadays in Europe and the US also, even in airports). Continue reading “Still In Limbo, Somaliland Banking On Berbera”

WorldRemit Founder: ‘I Lost My Job To Uncover UN Fraud’

Growing up in Somaliland, Ismail Ahmed saw the power of money transfers. He later learned the sector’s potential for corruption Continue reading “WorldRemit Founder: ‘I Lost My Job To Uncover UN Fraud’”

Somaliland-Egypt Business Forum To Be Held Early-2017

A joint business forum between Egypt and Somaliland is set to be held by the beginning of 2017 in the Republic of Somaliland. Continue reading “Somaliland-Egypt Business Forum To Be Held Early-2017”

Connecting Africa: DP World Explores Opportunities To Develop Logistics Capabilities

Sultan Ahmed Bin Sulayem, DP World Group Chairman and CEO, and Chairman of the Ports, Customs and Free Zone Corporation (FZE), has welcomed efforts by African nations to improve their infrastructure, an essential pillar for building a growing economy and connecting the continent to the world. Continue reading “Connecting Africa: DP World Explores Opportunities To Develop Logistics Capabilities”

Berbera’s Revival Is Underway

Dubai investment in Berbera indicates that it will once more reach full potential as a gateway to the Horn of Africa and its hinterland Continue reading “Berbera’s Revival Is Underway”

DP World Wins Concession For Port Of Berbera In Somaliland

Facility to Serve as Additional Hub in Horn of Africa

DP World has won a 30-year concession for the management and development of a multi-purpose port project at Berbera, Republic of Somaliland. The deal includes an automatic 10-year extension. Continue reading “DP World Wins Concession For Port Of Berbera In Somaliland”