PRESS RELEASE
Africa’s Business Heroes Takes 40 Entrepreneurs to China and Extends 2024 Application Deadline
US$1.5 million in grant funding will be distributed among the top 10 finalists; the first prize winner will receive an award of US$300,000
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KIGALI, Rwanda, May 6, 2024/ — Between April 20-27, the Africa’s Business Heroes (ABH) Prize Competition (www.AfricaBusinessHeroes.org), a philanthropic initiative sponsored by the Jack Ma Foundation and Alibaba Philanthropy, hosted 40 participants—consisting of top 10 Heroes, other finalists and partners from across Africa—in Hangzhou, China. Participants engaged in an immersive experience at Alibaba’s headquarters in Hangzhou and have returned to their home countries enriched with valuable insights to further enhance their entrepreneurial endeavors on the continent.

During their visit, the ABH Heroes (spanning cohorts from 2019 to 2023) participated in a wide range of activities. These included deep dives that explored various facets of the digital economy from cloud computing, AI-driven logistics to e-commerce villages. They participated in a series of workshops and site visits—all designed to elevate entrepreneurs to a higher level of success. The Heroes also exchanged knowledge and explored opportunities for collaboration with business leaders from Alibaba and with each other. These activities provided the participants with new knowledge and perspectives that they can potentially apply to overcome challenges, seize opportunities and scale their businesses.

Diarra BOUSSO, Founder & Creative Director of Diarrablu and ABH 2020 top 10 Hero, who was among the participants in the trip to China, expresses her gratitude for the experience, stating: “This trip was so inspiring in so many ways. First, meeting all these entrepreneurs who are the top entrepreneurs on the African continent and spending a week together was an incredible experience. And second: being immersed in the world of Alibaba and all the companies Jack Ma and his team built over time and understanding the vision behind it was like a dream come true.”

In another exciting development, ABH is extending its deadline for 2024 entries from May 19 to June 9 to accommodate more entrepreneurs eager to participate in the competition. Candidates selected for the top 50 will gain access to a host of resources, including training, mentorship and networking opportunities, as well as a supportive network of fellow African business leaders. US$1.5 million in grant funding will be distributed among the top 10 finalists; the first prize winner will receive an award of US$300,000.

This year, ABH has also hosted information sessions and community events across the continent to facilitate the application process and nurture a vibrant entrepreneurial community. These events have taken place in South Africa, Kenya, Zambia, Cameroon, Ghana, Nigeria and Côte d’Ivoire, with upcoming sessions scheduled for Egypt, Ethiopia, Rwanda and Senegal. These events are conducted in partnership with local entrepreneur organizations and key ABH stakeholders including judges, Heroes and partners.

To date, ABH has received applications from entrepreneurs spanning all 54 African countries. Entrepreneurs from across the continent – regardless of sector, age or gender – are invited to participate. Applications can be submitted in English or French at: https://AfricaBusinessHeroes.org/en/apply-now.

Individuals are also encouraged to nominate eligible entrepreneurs who they believe are creating impactful and sustainable solutions to challenging issues here: https://AfricaBusinessHeroes.org/en/nominate.
Distributed by APO Group on behalf of Africa’s Business Heroes (ABH

Guddida heer Qaran ee Xuska 18 ka May oo shacabka ugu Baaqay inay si weyn u Muuneeyaan 33 guurada dib ula soo noqoshada madax-banaanida Somaliland

Hargaysa-(Qaran news):- Guddida heer qaran ee xuska munaasibada 18ka May, ayaa ka hadlay sidii loo muuneyn lahaa sannadguurada 33aad ee ka soo wareegtay dib ula soo noqoshadii madaxbannaanida Somaliland
Wasiirka Wasaaradda Arrimaha Gudaha Somaliland Maxamed Kaahin Axmed isla markaana ah Guddoomiyaha guddida heer qaran ee Madaxweynaha Jamhuuriyadda Somaliland u xil saaray qaban qaabada xuskan Mudane Maxamed Kaahin Axmed, ayaa sheegay in maalinta 18-ka May ay tahay maalin la wada leeyahay oo cid gaar ahi aanay sheegan karin waxaanu yidhi ‘’Waxa rasmi ah oo dhab ah qaran kasta oo jiraa taariikh nololeed uu ku debaal dego ayuu leeyahay, markaa 18-May waxay tahay marka laga yimaado xorriyadii aynu qaadanay 26-kii June 1960-kii waa maalinta u astaysan dib ula soo noqoshadda madax bannaanida Jamhuuriyadda Somaliland, sidaa darteed waxaa lagama maarmaan ah in qaranku qof yar iyo qof weynba u debaal dego, waana inaynu maanka ku hayno in Maalintani tahay maalin qaran oo la wada leeyahay sidoo kale waxaan dhallinyarada ku boorinayaa inay bartaan taariikhda dalkooda.”

Wasiirka arrimaha gudaha ayaa ugu baaqay guud ahaan ummadda Somaliland dal iyo dibadba inay munaasibadan ugu diyaar garoobaan wada jir iyo isku duubni isagoo arrintaas ka hadlayayna waxa uu yidhi ‘’Maalintaas qarannimada waxaa innagu wada waajib ah inaynu u debaal degno, waxaa kaloo innagu waajib ah inaynu nabadgalyadeenna ilaalino oo qof kastaa uu noqdo boolis ilaalinaya nabadgelyada, afka guddidan anigoo ku hadlaya waxaan shacabka Somaliland, qurbe jooga iyo qol-qol joogtaba ugu baaqayaa in munaasibada 18-May 2024 ay si mudakarnimo leh ku xusaan.”

Dhanka kale, Wasiirka Wasaaradda Warfaafinta, dhaqanka iyo wacyigelinta ahna afhayeenka Xukuumadda Somaliland, Mudane Cali Xasan Maxamed ‘’Cali Mareexaan’’, ayaa tilmaamay baahida loo qabo in wada jir lagu muuneeyo xuska 33 guurada ka soo wareegtay markii ay Jamhuuriyadda Somaliland dib ula soo noqotay madax bannaanideeda 18-kii May 1991-kii isagoo arrintaas ka hadlayay waxa uu yidhi ‘’Ujeeddada kulankan aan isugu nimid wuxuu la xidhiidhaa xuska munaasibada weyn ee 18-ka May oo ay maanta ka hadhsan tahay toban maalmood in loo diyaar garoobo, oo sida ugu weyn ee ugu wacan ay dadweynaha Jamhuuriyadda Somaliland uga qayb qaataan, Tobanka cisho ee xuskan inaga xiga waxaynu u baahan nahay in diyaar garow xoogan oo aynu cuddudeenna ku muujinayno aynu samayno, isla markaana aan loo kala hadhin ilaa maalinta ay Munaasibadu dhacayso, Sidaa darteed waxay farriintayadu tahay annagoo isu dhan in aynu Sannadkan ka dhigno munaasibadii ugu ballaadhnayd ee 18 May, qofka Somaliland jecelina uu qalbiga ka farxo, ka Somaliland necebina uu qalbiga ka naxo.”
Wasiirka Warfaafintu waxa uu sheegay in da’dii dhalatay wixii ka dambeeyay 1991-kii aanay xog ka haysan burburkii uu taliskii Siyaad barre u gaystay Caasimadda Hargaysa. ‘’Sidaad la socotaan 33 Guuro ayaynu maanta maraynaa, muddadaas waxaynu qaran ahaan samaynay wax weyn, dhallinyarada ayaa ugu badan dalka gaar ahaan intii dhalatay 1991-kii wixii ka dambeeyay, maalin dhawayd mikirifoon ayaa suuqa lala marayay waxaa dhallinyarada la weydiinayay ma soo gaadheen Hargaysa oo dunsan, 70% waxay yidhaahdeen maya, waxaa kale oo ay yidhaahdeen waxaanu soo gaadhnay Hargaysa oo dhisan oo qurux badan oo dhallaalaysa, markaa saw wax ilaahay loogu mahadnaqo ma aha, halka ay dadka waaweyni soo gaadheen iyadoo aad odhanayso ma yoomul-qiyaamihii ayaa dhacay oo guri, masaajid iyo geedba taagnayn oo la baa’biiyey, sidaa awgeed wax baynu dhisanay, wanaag ayaa inoo qabsoomay, waxa inoo hadhayna midnimo, wada jir iyo horumar ayaynu ku higsan doonaa,’’ ayuu Wasiirku yidhi.
Wasiir Cali Mareexaan ayaa shacabka Somaliland, dawladda iyo Xisbiyada qaranka ugu baaqay inay beeniyaan riyada uu maamulka Muqdisho isku maaweeliyo ee ah inuu soo afjarayo qaddiyadda Somaliland waxaanu yidhi ‘’Maalin dhawayd waxaa hadlay Wasiirka arrimaha dibadda ee Soomaaliya wuxuu yidhi waxaan beeninaynaa oo soo afjaraynaa beentii 33 sannadood ay reer Somaliland isku akhrinayeen, innaguna waxaynu beeninaynaa beentaas ay Somalia tidhi waxaan soo afjaraynaa Somaliland, waxaana taas beenin kara shacabka Jamhuuriyadda Somaliland oo isu dhan dawlad, xisbiyo iyo ummadba, hadaba anigoo ah Mas’uulkii Saxaafada Somaliland waxaan ku boorinayaa warbaahinta inay doorkooda qaataan’’.
Sidoo kale waxa halkaasi ka hadlay Wasiirka waxbarashada Dr. Axmed Aadan Buuxane iyo Maayarka Hargeysa Cabdikariim Axmed Mooge oo ka hadlay qiimaha xuskan, waxayna ku baaqeen in si miisaan leh loogu muujiyo rabitaanka shacabka.

Dullucda Booqasho Guddoomiye Xirsi ugu tagay Nin Dhallinyaro ah


Hargeysa(Qaran news)-Guddoomiyaha Xisbiga WADDANI Mudane Xirsi Cali Xaaji Xasan ayaa booqday Cabdisamad Mawliid oo ka mid ah dhalinyarada magaalada Hargeysa, kaas oo loo dhibaateeyay soo dhawayntii guddoomiyaha ee 28kii January ee Hargeysa.

Gudomiyaha ayaa Qoyska Reer Mawliid shiikh Cabdilahi u sheegey in uu ka xunyahay Dhibka loo gaystay Ninka dhalinyarada ah ee fikirkiisa cabiray iyo cid uu taageersan yahay.

Iyada oo lagu jiro u diyaar garawga maalinta barakaysan ee 18ka May ayaa waxa si xawli leh baraha bulshada u dhex wareegaaya qoysas ka mid ah dadweynaha ku dhaqan magaalada Laasqoray ee bariga Sanaag oo calanka Somaliland si balaadhan ugu muujiyay magaaladaasi

Shabakada qarannews.com waxay baahisay wakhtigu markuu ahaa 16 March 2014, xiligaasi oo uu dalka ka talinaayay muj. Axmed Siilaanyo war aad u faraxad galiyay bulshada Somaliland kaasi oo salka ku hayay fidinta iyo daadajinta maamulka

Waxa xigi doona xaga uu dalku hada maraayo iyo halka la joogo.

La soco

Madaxweyne kuxigeenka oo ku Dhaliilay reer Galbeedka in aanay Somaliland waxba la qaban

Hargeysa,(Qaran news)-Madaxweyne Ku Xigeenka Jamhuuriyadda Somaliland Mudane Cabdiraxmaan Cabdilaahi Ismaaciil (Saylici) ayaa sheegay in dunida reer galbeedka ee taageera dimuquraadiyaddu ay ku guul daraysteen inay aqoonsadaan dedaalka iyo guulaha ay ummadda Somaliland gaadhay.

Madaxweyne Ku-xigeenka Somaliland ayaa farriin uu ku faafiyey barta X (Twitter) wuxuu ku iftiimiyey guulaha JSL gaadhay.

Madaxweyne Ku Xigeenka Jamhuuriyadda Somaliland wuxuu qoraalkiisa ku sheegay in Somaliland ka mid tahay dalalka Afrika ee keligood hirgaliyey kuna guulaystay dimuqraadiyadda, isagoo xusay in Somaliland ay qabsatay Shan doorasho oo ay laba ka mid ah ku guulaysteen Xisbiyo Mucaarad ahi.

Mudane Saylici wuxuu gabo gabadii qoraalkiisa ku sheegay in dalalka Reer Galbeedka ee buunbuuniya dimuqraadiyadu ay si weyn ugu guuldaraysteen in ay aqoonsadaan dedaalka iyo guulaha ay gaadhay Jamhuuriyada Somaliland.

Ceerigaabo.(Qaran news)- Madaxweynihii hore ee Somaliland Muj. Mudane Axmed Maxamed Maxamud Siilaanyo intii uu xilka hayay waxa uu booqday badi dalka oo dhan isaga oo is dul taagay gobal kasta oo dalka ka mid ah.

Waxana ugu xiiso badnaa intii aanu tabinaynay wararka xiligiisii markii uu booqasho lagu farxo oo aan madaxweyne Somaliland soo maraa ama ka hada jooga aanu ku tagin uu ku tagay magaalada Laasqoray ee bariga gobolka Sanaag isaga oo maamulkii xiligaa kajiray sii xoojiyay warkaasi oo aanu xiligàsi baahinay hoos ka akhriso

MADAXWEYNAHA SOMALILAND AXMED SIILAANYO OO BOOQASHO BALAADHAN KU TAGAY MAGAALADA LAASQORAY OO SI CAJIIB AH LOOGU SOO DHAWEEYAY.

Laasqoray,(Qaran news)-16 March 2014-Madaxweynaha Somaliland Axmed Maxamed Maxamuud Siilaanyo Ayaa Saaka Subaxii Hore Gaadhay Magaalo Xeebeeda Laas-Qoray,Kadib Markii Uu Ka Ambo Baxay Degmada Maydh Oo Ay Xalay U Hoydeen.
Shacabka Ku Dhaqan Magalada Laasqoray Ayaa Si Balaadhan U Soo Dhaweeyay Madaxweynaha Iyo Weftigiisa Iyagoo U Muujiyay Sida Ay Ugu Faraxsan Yihiin Inuu Socdaal Ku Yimaado Magaalada Laasqoray.
Madaxweynaha Somaliland Axmed Maxamed Maxamuud Siilaanyo Wuxuna Halkaasi Kula Hadlay Dadweynaha Ku Dhaqan Magaaladaasi Waxaanu Sheegay In Xukuumadiisa Ay Ka Go’an Tahay Sidii Ay Deegaamada Sanaag Bari U Gaadhsiin Lahayd Horumar La Mid Ah Ka Gobolada Galbeedka Isagoo Bulshadana Ka Codsaday Inay Garab Istaagaan Dawladooda Kana Shaqeeyaan Horumarka Deegaamadooda ,Madaxweynuhu Waxa Socdaal Ku Tagay Dekadda Laasqoray .
Madaxweynaha Jamhuuriyada Somaliland Waxa Uu Dhagax Dhigay Mashaariic Ay Xukuumada Somaliland Ka Hirgalinayso Laasqoray.
Booqashada Madaxweynaha Somaliland Uu Ku Tegay Magaalada Laasqoray Ayaa Qayb Ka Ah Kormeerka Uu Ku Marayo Gobolada Dalka.
Socdaalka Madaxweyne Axmed Maxamed Maxamud Siilaanyo Iyo Weftiga Ayaa Guul Weyn U Xukuumadda Somaliland Oo Si Nabad Ah Ku Tagtay Laasqoray Oo Ku Taala Xeebaha Bari Ee Somaliland.
Waa Madaxweynihii Ugu Horeeyay Oo Somaliland Ka Socda Socdaal-Na Ku Taga Magalada Laasqoray Ee Somaliland.

La soco warar kale oo mihiim ahaa oo ku tusaaya xaalada uu xiligaa dalku dhaqaale iyo siyaasad ahaanba

Hogaanka Ururka Suxufiyiinta Somaliland ee SOLJA ayaa maanta kulan la qaatay Guddoomiyaha Golaha Wakiillada Somaliland Md.Yaasiin Maxamuud Xiir Faratoon. kulankan ayaa intii uu socday waxaa diiradda lagu saaray sidii looga wada shaqayn lahaa Xeerka Saxaafadda Somaliland oo diyaarintiisu ay socoto si loo helo hannaan ay ku wada shaqeyn karaan dhamaan Hay’adaha uu khuseeyo xeerkaasi.

For volunteer Nimao Abdi Bade, ‘keeping humanity alive’ was about being there, being aware and taking swift action that helped contain a potentially catastrophic cholera outbreak.

The city of Tog Wajaale, perched on the Somaliland-Ethiopia border, serves as a crucial crossing point for people and goods, particularly those coming and going from the port of Berbera, located about 300 kilometers away on the Gulf of Aden.

It is also a place where an outbreak of any infectious disease could travel quickly — and far — because of the high levels of commerce and people passing through.

That’s one reason the swift action of a Red Crescent community health volunteer Nimao Abdi Bade was so critical during the first days of a cholera outbreak in January 2024.

Spotting a family with severe symptoms, Nimao recognized the signs and reported their case via a platform managed by the Somali Red Crescent Society (SRCS), which then triggered a swift official response from health authorities.

It turned to be the first reported case of acute watery diarrhoea (AWD) and cholera in Somaliland and it led to a combined and coordinated response that greatly reduced the impact of the outbreak.

A vigilant volunteer

Nimao’s vigilance didn’t stop at the first case. Tracing the family’s contacts, she uncovered more potential cases involving people who had recently crossed the border. This led to confirmation of several cholera cases and a Ministry of Health intervention.

Trained by SRCS to identify and report cases of acute watery diarrhoea (AWD) and cholera and inspired by her success, she urged others to report illnesses promptly.

“AWD/Cholera was new to us,” Nimao says. “But SRCS training equipped us to respond. I am so proud of myself and being a volunteer of SRCS.”

The outbreak prompted SRCS to deploy more volunteers for house-to-house visits and hygiene promotion.

Nimao’s commitment went beyond initial reporting. During her house-to-house visits, she identified five additional cross-border cases, promptly reporting them. These reports, verified by SRCS Community Health Officer Roda Mohamoud Mohamed, led to further investigations. The following day, six more suspected cases were reported and escalated to the Ministry of Health.

Empowered by her success, Nimao has become a champion for timely reporting and community-based surveillance. Her diligence exemplifies the vital role volunteers play in strengthening public health responses.

SRCS also responded by mobilizing volunteers in Wajaale, another town on the Ethiopian-Somaliland border, and the surrounding areas, as well as the nearby Marodijeh region. The focus shifted to house-to-house visits, hygiene promotion, and raising community awareness about AWD/Cholera risks and prevention.

Source
IFRC

PARIS, France, May 8, 2024/ — A dedicated panel discussion – “New Opportunities in Growth Markets” – will showcase burgeoning opportunities in Africa’s key gas markets at the Invest in African Energy Forum (IAE) forum in Paris this month.

The panel will feature Bráulio de Brito, Chairman of the Board of the Association of Service Providers of the Angolan Oil & Gas Industry (AECIPA); Ian Cloke, COO of Afentra; Marica Calebrese, General Manager of Eni Mozambique; and David Pappoe Jr., CEO of Energas West Africa Limited. Justin Cochrane, Director of African Regional Research for S&P Global Commodity Insights, will moderate the discussion.

Organized by Energy Capital & Power, IAE 2024 is an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 14-15, 2024 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit www.Invest-Africa-Energy.com. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

Emerging gas producers like Angola and Mozambique are redefining their strategies and policies to attract long-term investments, expand gas infrastructure and harness untapped reserves. The panel will unpack plans for expanded gas field development across the continent and spotlight Africa’s current gas monetization strategies, LNG export opportunities and investment prospects across the gas value chain.

As a mature petroleum producer, Angola is seeking to harness its underutilized gas reserves to establish diversified, gas-based industries, aiming to retain 25% of its natural gas production in-country via value-added industries by 2030. The country recently completed its Falcão 2 Gas Project – delivering gas to the Soyo I combined-cycle power plant and increasing gas processing capacity to 125 million cubic feet per day. Last October, the New Gas Consortium kick-started onshore construction of infrastructure to enable the extraction, transportation and storage of gas resources from the Quiluma and Maboqueiro fields, representing the country’s first non-associated gas development.

As one of the fastest-growing LNG markets globally – having started LNG exports from its Coral Sul facility in November 2022 – Mozambique is seeking new investors to facilitate its gas market expansion. The country is home to two large-scale LNG developments in the Rovuma Basin – TotalEnergies’ Mozambique LNG and ExxonMobil’s Rovuma LNG facilities – set to cement its status as a major global LNG exporter, as the country’s gas export revenues are projected to reach $91.7 billion over the next decade. Last month, the Mozambican Government finalized agreements with China National Offshore Oil Corporation as part of its sixth licensing round for exploration of oil and gas reserves in five offshore blocks.
Distributed by APO Group on behalf of Energy Capital & Power.
SOURCE
Energy Capital & Power

RIYADH, Saudi Arabia, May 8, 2024/ – (Qarannews)- The Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank (IsDB) Group, is pleased to announce the signing of 13 significant agreements aimed at catalyzing economic development and bolstering private sector growth and initiatives across several member countries in diverse regions across the world.

The signings took place on the third day of the 2024 Annual Meetings of the IsDB Group, which celebrated the 50th anniversary of the Group’s journey in fostering and promoting economic growth and development of its member countries. The signing of these agreements reinforce ICD’s commitment to propelling solidarity and prosperity through strategic partnerships and promoting access to finance and financial inclusion in its member countries.

In a strategic move to promote access to finance in the Republic of Togo, ICD has inked a Letter of Intent for a EUR 20 million Line of Financing Facility with the ECOWAS Bank for Investment and Development (“EBID”). This Facility when disbursed is expected to augment the capacity of EBID to finance a spectrum of private sector projects in common member countries of ICD and EBID in the ECOWAS region, thereby contributing to economic expansion and job creation.

Further, the ICD also signed a Memorandum of Understanding (MoU) with Coris Bank of Togo with the objective of increasing the cooperation between the two institutions and in particular, enhancing the capacity of Coris Bank to develop tailored support and increase its financing to small and medium-sized enterprises (SMEs) in Togo.

Given the number of its member countries in the West African Economic and Monetary Union (WAEMU) and its objectives of developing strategic initiatives and partnerships to evaluate investment prospects within the region, the ICD also signed an MOU with the Banque Sahélo-Saharienne pour l’Investissement et le Commerce (BSIC) Group for a proposed USD 30 million Line of Finance Facility. The Facility will be deployed through affiliates of the BSIC Group to finance eligible private sectors enterprises in ICD’s member countries operating within the WAEMU region.

Also, in its effort to support the financial sector in the Federal Republic of Nigeria and The Gambia, the ICD signed two separate MOUs with Jaiz Bank PLC of Nigeria and AGIB Bank Limited of Gambia. In the MOU with AGIB, the Parties agreed to explore further investment in AGIB (the first and only Islamic Bank in Gambia) in joint collaboration with the largest telecom company in Gambia (Q-Cell) to support the Bank’s strategy for local and regional expansion under digital infrastructure and food security programs. Additionally, the Parties will also collaborate in attracting growth capital from other financial institutions to the Bank.

In the MOU signed with Jaiz Bank PLC of Nigeria, the Parties agreed to explore potential investment opportunities through the introduction of Additional Tier 1 Capital (Mudarabah Capital) for the business growth of Jaiz Bank PLC and its regional expansion through ICD’s partnership and networks. Additionally, ICD agreed to consider providing Jaiz Bank with relevant technical and advisory assistance to support its operations through leveraging on ICD’s other partner’s expertise and network across its member countries.

To unlock opportunities in enhancing credit enhancement coverage for Line of Finance facilities in mutual member countries, the ICD also signed an MoU with the Fonds De Solidarite Africain (“FSA”), a multilateral financial institution based in Niger. The objective of this MoU is to explore credit enhancement coverage for ICD’s Line of Finance facilities to eligible financial institutions across its member countries in Africa.

In furtherance of its efforts to advance climate-resilient infrastructure projects across Africa, the ICD and the Africa Finance Corporation (based in Nigeria) also signed an Addendum to an MoU they signed earlier to explore co-investment and financing opportunities in their common member countries especially in infrastructure development and climate resilience projects.

In a bid to provide additional support to private sector enterprises in Bangladesh, ICD also entered into a Memorandum of Understanding (MoU) with BD Finance Bangladesh Limited. This MoU aims to provide technical and advisory assistance to BD Finance to support its transition into a fully-fledged Islamic Financial Institution, and to explore potential investment opportunities in Bangladesh.

Further, in ICD’s drive to enhance its partnership and support to financial institutions in the Maldives, the ICD signed an MoU with Maldives Islamic Bank to explore potential investment opportunities (mainly equity investments in the form of Tier 1 capital) within Maldives and in other member countries of ICD.

Still in Maldives, the CD also signed two Memorandum of Understanding with the Ministry of Finance of Maldives to cooperate and to work closely in exploring and identifying investment, financing, advisory services or technical assistance opportunities in Maldives and other member countries of ICD that are of mutual benefit to both parties and will promote sustainable socio-economic development. In particular, through the first MOU, the MoF of Maldives, and/or via government investment agencies or financial institutions, will explore potential co-investment with ICD for establishing an Islamic Bank in the Republic of Uzbekistan. Additionally, both Parties agree to provide required technical assistance to this new Islamic Bank once established in the form of short-term liquidity management, capacity building and support in developing and diversifying its product offerings. In the second MOU, the ICD and the Ministry of Fnance committed to explore potential investment and financing opportunities in infrastructure, aviation, fisheries sectors and other sectors that are priority for the Government of Maldives. In addition, to enhance the efficiency and robustness of the local financial sector, ICD is also looking forward to supporting the sector with Tier 1 Capital investments.

In its efforts to strengthen its partnerships with banks in the GCC region, the ICD signed a Letter of Intent with Al Salam Bank of Bahrain) outlining the intention of the parties for a proposed USD 50 million Line of Finance facility to be provided by ICD to the Al Salam Bank to support Small and Medium Enterprises (SMEs) in Bahrain.

Still in the GCC, the ICD and the National Development Fund of Saudi Arabia, a day earlier, signed an MOU to cooperate and work closely in exploring and identifying Shari’ah compliant investments, financing, advisory services opportunities within infrastructure projects in the Kingdom of Saudi Arabia that are of mutual benefit to both Parties and will promote sustainable socio-economic development. Through this MOU the Parties committed to leverage technological advancements and innovations to enhance the efficiency and impact of their joint investments, ensuring that they remain aligned with the latest industry standards and practices. The Parties also agreed to share, and exchange knowledge related to development impact assessment tools and systems and work towards attracting, mobilizing, and channeling private sector and foreign capital for infrastructure projects in the Kingdom of Saudi Arabia.
Distributed by APO Group on behalf of Islamic Corporation for the Development of the Private Sector (ICD).
About the Islamic Corporation for the Development of the Private Sector (ICD):

The Islamic Corporation for the Development of the Private Sector is a multilateral development financial institution and a member of the Islamic Development Bank Group. It was established in November 1999 to support economic development in member countries by providing financing for private sector projects, promoting competition and the spirit of entrepreneurship, and encouraging cross-border investments. The Corporation is rated A+ by Fitch, A2 by Moody’s, and A- by S&P.
For more information, visit www.icd-ps.org
SOURCE
Islamic Corporation for the Development of the Private Sector (ICD)

Nuxurka Kulankii ka Qabsoomay Magaalo Ganacsiyeedka Tog-Wajaale oo ay ka Soo Qayb-galeen
Shan Dawladood iyo Hay’addo Caalami ah.

Hargeysa(Qaran news)- wefti ka socdey Jamhuuriyadda Somaliland uu Hogaaaminayey Wasiirka Wasaaradda Arrimaha Gudaha JSL Maxamed Kaahin Axmed, ayna ka mid ahaayeen weftiga Wasiirka Wasaaradda Horuumarinta Maaliyadda Dr. Sacad Cali Shire, Wasiirka Horuumarinta Biyaha Salebaan Yuusuf Cali Koore, Wasiir Kuxigeenka Wasaaradda Gaadiidka iyo Horuumarinta Jidadka Muuse Ibrahim Yuusuf (Selef), Gudoomiyaha Gobolka Gebilay Cabdikariim Aadan Xaaji Diiriye, Maayorka Gebilay iyo Maamulka Tog-Wajaale, ayaa kaga qaybgalay Magaalo Xuduudeedka Tog-Wajaale mashruuca Ballaadhan oo ku saabsan Horuumarinta Biyaha, gaar ahaana biyaha Dhulka hoostooda oo loo soo saarayo Wajaale.

Shirkan oo muhiim u ahaa Jamhuuriyadda Somaliland, waxaa ugu muhiimsan Mashruuca Horuumarinta Biyaha Magaalada Tog-Wajaale oo ku taalla Xadka u dhexeeya labada Dawladood ee Somaliland iyo Dawladda Itoobiya, iyadoo Tog-Wajaale ay ka mid tahay meelaha lagu samaynayo Biyo ballaadhinta muddo koobana lagu hirgelinayo.

Kulankan ka qabsoomay Magaalo Ganacsiyeedka Wajaale waxaa ka soo qaybgalay Madaxweynaha Maamulka Soomalida ee Itoobiya, Mustafe Muxumed Cumar, Wasiirka Biyaha ee Dawladda Federaalka Itoobiya Eng. Habtamu, Wasiirka Biyaha ee Dawladda Uganda, Sam Champtories, Wasiirka Biyaha Dawladda South Suudaan, Pal Mai Deng, Wasiirka Biyaha ee Dawladda Jabuuti, Siciid Khayre, waxaa kale oo ka soo qaybgalay Hay’adaha caalamiga ah sida, UNDP, UNICEF, UNESCO iyo Baanka Adduunka.

Weftiga Jamhuuriyadda Somaliland waxay kulamo gooni gooni ah la qaateen weftiga ka socdey Urur Goboleedka IGAD, gaar ahaana Wasiirka Biyaha ee Dawladda Federaalka Itoobiya, iyadoo labada dhinac ay ka wada hadleen iskaashiga labada Dawladood, sidoo kalena weftiga Somaliland waxay la kulmeen Madaxweynaha Maamulka Degaanka Soomaalida, mustafe Muxumed Cumar, iyadoo labada dhinaca ay ka wada hadleen adkaynta nabadgelyada labada Dal iyo isu socodka Ganacsiga.

Warbixin Shaacisay in Cilaaqaadka Somaliland iyo Taiwan Xoogaystay

Hargeysa, (Qaran news)-Warbaahinta Global Voice, ayaa wax ka qortay cilaaqaadka isa soo taraya ee u dhexeeya dalalka Somaliland iyo Taiwan oo ay ku tilmaameen in xidhiidhkoodu xoogaystay.

Warbixin Global Voice ka qoray xidhiidhka iskaashi iyo diblomaadiyadeed Somaliland iyo Taiwan waxa lagu sheegay in iskaashiga labada dal uu bilaabmay sannadkii 2020kii oo ay labada dawladood ee aan la aqoonsani ay isku dhaafsadeen xafiisyo wakiillo ah oo ka dhigan sidii safaaradaha.

Warsiduhu wuxuu shaaciyay in Somaliland iyo Taiwan ay iska kaashadaan dhinacyada Beeraha iyo Tiknoolajiyada, isla markaana ay iska shabahaan dhinacyada xasiloonida iyo dimuqraadiyadda ay caanka ku noqdeen.

Global Voice wuxuu intaas ku daray in Somaliland iyo Taiwan iskaga mid yihiin in mid waliba ay raadinayso aqoonsi caalamiya iyo inay kaalin ku yeeshaan saaxada
siyaasadda dunida.

Waxa kaloo ay warbixintu intaas ku dartay in Somaliland iyo Taiwan wax wada qabsigoodu isku beddelay mid u gudbay labada shacab.

Sidoo kale warbixintaas waxa lagu bayaamiyay in isfaham ay kala saxeexdeen Somaliland iyo Taiwan 31 July 2023 ay ku xoojiyeen cilaaqaadkooda ganacsiga, maalgashiga, macdan qodista iyo kalluumaysiga.

Warbixintu waxa ay sheegtay in Somaliland ay Geeska Afrika kaga taallo bogcad istaraataji ah isla markaana dekedda Berbera ay ku socoto inay noqoto xuddunta ganacsi ee bariga Afrika.

Africa – Strengthening Global Partnerships: ICIEC Seals 13 Agreements Worth US$689 Million Across Diverse Sectors at the 2024 Islamic Development Bank Group (IsDB) Annual Meetings

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), the Shariah-based multilateral insurer and member of the Islamic Development Bank (IsDB) Group, successfully concluded the 2024 Annual Meetings, having signed thirteen significant agreements and MoUs totaling US$ 689 million. These commitments with fifteen member countries and business partners span a broad spectrum of operations and projects across various sectors, further reinforcing ICIEC’s dedication to sustainable economic development.

Under the theme “Cherishing our Past, Charting our Future: Originality, Solidarity, and Prosperity,” the meetings featured ICIEC’s active participation in the 2024 Private Sector Forum. This included the ICIEC’s High-Level Panel Discussion that highlighted the transformative role of Saudi investments in fostering economic growth across ICIEC Member States, in alignment with their national development agendas. The event brought together stakeholders from government, international organizations, financial institutions, and the tech industry to discuss strategies for navigating emerging geopolitical risks and exploring new investment opportunities.

Key agreements during the meeting included Reinsurance Treaty arrangements with Indonesia Eximbank and the Export-Import Bank of Malaysia Berhad, MoUs with AZPROMO of Azerbaijan for investment promotion, and substantial credit insurance and financing arrangements with Societe Generale and Deutsche Bank to support infrastructure and healthcare projects in Senegal and Côte d’Ivoire, respectively.

Moreover, ICIEC has expanded its collaborations through new partnerships across various sectors. A cooperative framework with The Saudi Agricultural Development Fund (ADF) aims to enhance strategic initiatives, while a framework with the Federation of Contractors from Islamic Countries (FOCIC) focuses on knowledge sharing and capacity building within the insurance and contracting sectors. Additionally, agreements with Huawei Technologies Co., Ltd. and ZTE Corporation are set to strengthen telecommunications infrastructure across Member States, enhancing connectivity and access to modern technology. MoUs with the National Infrastructure Fund of Saudi Arabia (INFRA) aim to align efforts to support infrastructure projects with developmental impact and foster institutional cooperation. Furthermore, a significant partnership with Joint Stock Commercial Bank “Agrobank” and Standard Chartered Bank explores a long-term financing partnership to bolster economic development in Uzbekistan through Islamic financing products. This is expected to yield EUR 150 million in support of SMEs in Uzbekistan.

These initiatives not only reflect ICIEC’s strategic efforts to leverage Islamic finance for global development but also demonstrate a proactive approach to cultivating meaningful partnerships that supports the economic objectives of our member states .

Mr. Oussama Kaissi, the CEO of ICIEC, emphasized the significance of these collaborations: “This year’s Annual Meetings mark a defining moment for ICIEC as we celebrate three decades of dedicated service towards economic resilience and prosperity of our Member States. The agreements signed here span a diverse array of sectors and are a testament to our commitment to leveraging Islamic finance to foster sustainable development. Our discussions at the Private Sector Forum have underscored the critical role of Saudi investments in propelling growth across our Member States, exploring new horizons in emerging markets, and reinforcing our theme of cherishing our past while charting a prosperous future in a sustainable way.”

As ICIEC celebrates its 30th anniversary, its role as the only Shariah-based multilateral export credit and investment insurance provider continues to be crucial in facilitating over USD 108 billion in trade and investments, promoting growth, and development in its Member States.
Distributed by APO Group on behalf of Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).

Madaxweynaha Somaliland ee kursiga ku fadhiya mudo kordhinta Muuse Biixi Cabdi ayaa maanta warbaahinta la hadlay isaga oo daboolka ka qaaday in uu qabanaayo doorashadii mudada dheer dib u dhacday ee dalka galisay buuqa siyaasadeed.

Waxa uu sheegay in uu doorashada soo socota guulaysan doono, waxana uu ku booriyay in doorashada si hufan loo galo.

Muuse waxa uu maanta la shir yimid laba su’aalood oo cusub ta koowaad waxa uu dadka waydiiyay cida aan isaga iyo xisbigiisa ahayn ee dalka u soo halgantay ee Siyaad Barre dalka ka xoraysay, taasi oo ay xisbi walba ay ku jiraan rag u soo halgamay iyo kuwo aan u soo halgamin se ficilo kala gadisan xorayntii xiligaasi kaga qayb qaatay.

Su’aasha labaad ee umadda ka yaabisay waxa ay ahayd in isaga lugta la qabtay isaga oo aan sharaxin waxa uu uga jeedo, madaxweynahu uu ku fashilmay in uu umadda la hor yimaaddo 7 sanadood oo uu xafiiska fadhiyay in uu keeno wax uu qabtay oo uu ku faano.

Marka aynu u fiirsano hadalkii madaxweynaha ee maanta waxa uu ahaa mid cadho hadlaaya oo ku fashilmay hagista dalka iyo in uu soo bandhigo oo uu ku qanciyo ama ku soo jiito kii taageersanaa iyo kii ka soo hor jeedayba.

Isku soo wada duuboo madaxweynahu waxa uu diray laba fariimood oo iska soo hor jeeda oo kala ah in aan caadifad iyo hadalo xinif leh aan doorashada xiligeeda aan lala iman iyo isagii oo maanta shaqsi weerar iyo hadalo aan munaasib ahayn ku furay isaga oo ganay laba waran oo aan meeshaba ku eekayn oo ah yaa sheegan kara in uu soo halgamay iyo in lugta la qabtay arinkaasi oo looga fadhiyo sharaxaadeeda.

Tani waxa ay abuuri kartaa buuq siyaasadeed oo uu madaxweynuhu uu daboolka ka qaaday hadana jawaabteeda laga sugaayo xisbiyada mucaaridka