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Warbixin ay soo saartay Qaramada Midoobay oo soo bandhigtay doorka Turkiga ee Hurinta Colaadda Suudaan oo uu u adeegsanayo Diyaarado Casri ah

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  Warbixin cusub oo ay soo saartay Qaramada Midoobay ayaa iftiimisay doorka xun ee uu Turkiga ku leeyahay dagaalka ka socda Suudaan, isaga oo adeegsanaya teknoolajiyad ciidan. Warbixintu waxay aqoonsatay dhoofinta iyo isticmaalka diyaaradaha dagaalka ee aan duuliyaha lahayn ee noocyada Bayraktar TB2 iyo Akinci, iyo sidoo kale nidaamyada dagaalka elektarooniga ah ee casriga ah, inkasta oo ay jirto cunaqabateyn hub ah oo caalami ah oo saaran Suudaan. Sida ku cad xogta ay heshay Qaramada Midoobay, hubkan ma ahan oo kaliya mid bedelay jihada dagaalka, balse sidoo kale wuxuu ka sii daray xaaladda bani'aadanimada ee dhulka. Tuulooyinka iyo dadka rayidka ah ee ku nool galbeedka Suudaan ayaa loo adeegsaday duqeymo aan kala sooc lahayn, taasoo sii kordhisay dhibaatada bulshooyinka horayba ula tacaalayay sanado badan oo xasillooni darro iyo barakicin ah. 🔗 Nordic Monitor – Warbixin ay Qaramada Midoobay soo saartay oo aqoonsatay hubka Turkiga lagu sameeyay ee dagaalka Suudaan 🔗 Causeur – Hu...
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Challenges and Opportunities: Djibouti's Path to Financial Stability and Global Influence

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The recently concluded United Nations General Assembly (UNGA) session served as a platform for African leaders to advocate for a fairer and more standardized global financial system. Djibouti, in particular, seized the opportunity to call for greater financial inclusion and international cooperation. In this blog post, we explore Djibouti's quest for financial stability and examine the challenges it faces on its path to global influence.

The Quest for Equitable Global Finance:

Djibouti's Minister of Foreign Affairs, Mahmoud Ali Youssouf, underscored the urgent need to reform the international financial system. He argued that the existing framework often compels developing nations to resort to costly loans, leading to unsustainable public debts and hindering investments in critical areas such as the United Nations' Sustainable Development Goals (SDGs). Youssouf emphasized that inclusive multilateralism is essential for restoring trust in the United Nations among member states.

Djibouti's Financial Distress:

According to a Debt Sustainability Analysis (DSA), Djibouti was among the 22 African countries classified as "in financial distress" by the World Bank in 2022. This was primarily due to inadequate debt management and a significant and unexpected increase in public debt over five years. Djibouti even had to defer a debt payment of nearly $1.4 billion to China earlier in the year. Nevertheless, Youssouf remains optimistic about the country's progress toward achieving sustainable development goals, including maintaining a manageable public debt ceiling.

Djibouti's Commitment to SDGs:

Djibouti has incorporated the United Nations' Sustainable Development Goals (SDGs) into its national development plans, including the Djibouti Vision 2035. However, there are challenges in collecting data for specific SDGs, such as clean water and sanitation (SDG 6) and access to energy (SDG 7). These challenges are not unique to Djibouti and are shared by several African nations.

African Unity for Financial Equity:

Djibouti's call for a fairer financial system resonates with other African nations, including Kenya. President William Ruto of Kenya also emphasized the need for an equitable financial trading system to reduce the risk of default among developing countries during the Africa Climate Summit.

Djibouti's Renewable Energy Milestone:

Despite financial challenges, Djibouti recently inaugurated the Ghoubet Wind Power Station, a renewable energy project costing $122 million. This station is expected to generate approximately 60 megawatts of electricity, a significant step towards sustainable development.

The Port Controversy:

Djibouti's strategic location has granted it one of the world's busiest seaports. However, the country has faced challenges in reaping the benefits of this asset. A legal dispute with DP World, a global port operator, has further complicated the nation's financial stability.

Allegations Against the President:

Allegations of diverting port income into personal accounts and engaging in illicit activities with foreign security organizations have added to Djibouti's challenges. The seizure of assets worth $2.3 billion belonging to the ruling family by South African authorities has fueled these allegations.

Ethiopia's Port Diversification:

Ethiopia, a major player in Djibouti's port industry, is exploring alternative routes to diversify its access to ports, reflecting the government's 30-year integrated transport master plan. This move aims to reduce dependence on Djibouti's main seaport.

Djibouti faces a complex landscape of financial challenges, legal disputes, and regional hostilities. While advocating for a fairer global financial system and sustainable development, Djibouti must address its internal issues to fully benefit from international reforms. The path to financial stability and global influence demands a balanced approach to both domestic and international concerns.

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Somalia's Ascent to the East African Community: A Vision of Progress and Regional Unity

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In a historic move, Somalia has achieved a long-cherished dream by joining the East African Community (EAC). The journey to EAC membership reflects Somalia's commitment to overcoming challenges and contributing to the overall advancement of the region. Dr. Abdusalam Omer, Somalia's Special Presidential Envoy to the EAC, sheds light on the significance of this milestone and the opportunities it presents. Economic Integration: President Hassan Sheikh Mohamud's steadfast commitment to EAC membership demonstrates Somalia's eagerness to be an active participant in the region's progress. Despite internal challenges, Somalia's involvement in commerce and investment across East Africa showcases a broader dedication to fostering economic links, cultural exchanges, and collaboration in various fields. Geopolitical Advantage: With a coastline stretching 3,300 kilometers along the Gulf of Aden and the Indian Ocean, Somalia boasts the longest coastline on the African contine...
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Somali President Announces Victories Against Al-Shabab Amidst Challenges

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Renewed Dialogue Between Somalia and Somaliland Sparks Hope for Progress

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After years of stalled talks, fresh hope for progress on the long-standing dispute between Somalia and its breakaway region of Somaliland emerged this week with the meeting of presidents Hassan Sheikh Mohamud and Muse Bihi Abdi in Djibouti. Hosted by Djibouti President Ismail Omar Guelleh, the discussions mark the latest attempt to break the deadlock and define the future relationship between the two entities. A Decade of Talks, Little Progress: Although negotiations between Somalia and Somaliland have been ongoing for ten years, concrete outcomes have been elusive. Despite repeated invitations from President Guelleh, substantial achievements have remained out of reach. This latest meeting, however, carries new weight given the presence of Abdikarin Hussein Guled, Somali President Mohamud's envoy for the talks, and ministers from both sides. A Breakaway Seeking Recognition: Somaliland declared independence from Somalia in 1991, but its quest for international recognition has so...
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Strengthening Economic Bridges: UAE's ADQ Commits $500 Million Investment in Kenya

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In a landmark move towards bolstering economic ties between the UAE and Kenya, ADQ, a state-controlled fund from the UAE, has announced a substantial investment commitment of $500 million in Kenya's priority sectors. This strategic partnership, forged through a finance and investment framework with Kenya's National Treasury and Economic Planning Ministry, marks a significant milestone in the economic cooperation between the two nations. Fostering Growth and Development The agreement aims to explore and leverage investment opportunities in Kenya to promote the growth and development of its national economy. With Kenya's economy being the largest in the East Africa region and projected to achieve growth between 5 and 6% in 2024, the infusion of investment from ADQ is poised to accelerate this growth trajectory. Mohamed Hassan Alsuwaidi, Managing Director and CEO of ADQ, expressed confidence in the investment's potential to unlock tangible value and contribute to the econo...
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