Puntland Observer | Archive | News in English

Key section of Ethiopia railway project nears completion

July 25, 2015 Comments Off

Key section of Ethiopia railway project nears completion The Sebeta/Addis Ababa-Adama-Mieso railway, which is a section of Ethiopia’s key railway project of the Addis Ababa-Djibouti railway being built by the China Railway Group (CREC) is nearing completion. As the track-laying activity is approaching completion, a grand ceremony was held on Monday in Adama town about […]

Somalia Moving Forward: An Alternative Path for Vision 2016 By Kamaal Guutaale

July 25, 2015 Comments Off

Somalia Moving Forward: An Alternative Path for Vision 2016 By Kamal Gutale / Feb 19, 2015 Looking Back During Somalia’s transitional period, successive governments lacked the ability to propose a cohesive plan to advance the country’s political system and with it their own legitimacy. They have therefore invariably ended up in a hasty and chaotic […]

Somalia: The Next Oil Superpower?110 billion barrels

July 24, 2015 Comments Off

Last month, Soma Oil and Gas, a London based energy company, searching for hydrocarbon deposits off the coast of Somalia, announced that it had completed a seismic survey to ascertain the potential for recoverable oil and gas deposits. Although further details have yet to be released, chief executive Rob Sheppard announced that the results were […]

Somalia May Pay 90% Oil Revenue to Explorer Under Draft Deal

July 24, 2015 1 Comment

Soma Oil & Gas Holdings Ltd., chaired by former U.K. Conservative Party leader Michael Howard, has proposed a deal with the Somali government that may grant it as much as 90 percent of the country’s prospective oil revenue. A draft production-sharing agreement, obtained by Bloomberg from an official close to the negotiations, sets the state’s […]

China plans to increase the trade volumes with Ethiopia to US$3 billion by 2015.

July 24, 2015 Comments Off

China to double trade, investment levels with Ethiopia China has opened a new trade window with Ethiopia , announcing a series of new measures aimed at bolstering industrial investments and encouraging Chinese firms to set up indust rial parks in the East African nation. Chinese Commerce Minister Chen Deming, at the head of his country’s […]

Bilateral trade between China and Kenya rose 53 percent to a record high of $5.009 billion in 2014, Chinese Ambassador to Kenya Liu Xianfa said on Feb 16.

July 24, 2015 Comments Off

NAIROBI — Bilateral trade between China and Kenya rose 53 percent to a record high of $5.009 billion in 2014, Chinese Ambassador to Kenya Liu Xianfa said on Feb 16. The ambassador told reporters that last year China’s agreed investment in Kenya increased 10.2 percent to $592 million, and Chinese projects worth $3.472 billion were […]

President Barack Obama (FULL) Interview – BBC News (visit to Kenya)

July 24, 2015 Comments Off

Edmund Mulet :Assistant Secretary-General for Peacekeeping Operations at the United Nations: Situation of Somalia (Video)

July 19, 2015 Comments Off

Edmund Mulet :Assistant Secretary-General for Peacekeeping Operations at the United Nations: Situation of Somalia (Video)

Kenya wins seat in UN’s maritime body

July 13, 2015 Comments Off

Kenya wins seat in UN’s maritime body A worker at the Ngamia 1 oil rig in Turkana County. The election of a Kenyan, Simon Njuguna, to UN body that determines international maritime borders could buoy the country’s chances of mapping-out its maritime borders at a time there is renewed scramble for sea wealth off the […]

‘Fagaaraha’ Should Apologize Professor Ahmed I. Samatar

July 8, 2015 Comments Off

‘Fagaaraha’ Should Apologize Professor Ahmed I. Samatar After I watched the Youtube video of professor Ahmed I. Samatar’s response of the community meeting that he was accused storming out… titled ‘Prof. Ahmed I Samatar Muxuu kaga jawaabey Dhacdadii fagaaraha?’ this is the link of the video https://www.youtube.com/watch?t=12&v=ZoxUjxfJIFY , the professor expressed the poor process… in which there […]