Reuters: Djibouti News

No weapons found on Syria-bound German ship - source

Wed, 25 Apr 2012 15:45:37 +0000

BERLIN, April 25 (Reuters) - Inspectors have found no weapons aboard a German-owned ship suspected earlier of carrying arms and ammunition to Syria in breach of an arms embargo, a German government source said on Wednesday.

Somaliland passes central banking law, eyes foreign banks

Mon, 23 Apr 2012 12:29:24 +0000

HARGEISA, April 23 (Reuters) - Somaliland has passed a law that formally establishes a central bank, and is now poised to pass another to set up commercial banks in a bid to attract foreign lenders to start operating in the self-declared country by 2013.

German ship suspected of arms smuggle turns transponder on

Mon, 16 Apr 2012 18:00:58 +0000

BERLIN/KIEV, April 16 (Reuters) - A German shipping company ordered its vessel Atlantic Cruiser to turn its transponder back on on Monday after the ship suspected of smuggling Iranian arms to Syria switched off the tracking system because its crew feared attack, the firm said on Monday.

German ship reported carrying arms to Syria diverted

Sun, 15 Apr 2012 17:12:27 +0000

BERLIN, April 15 (Reuters) - A German ship that is suspected of transporting Iranian arms to Syria is being diverted to an unspecified port for inspection, a German government spokeswoman said on Sunday.

Germany investigates report ship carrying arms to Syria

Sat, 14 Apr 2012 16:32:28 +0000

BERLIN, April 14 (Reuters) - Germany said on Saturday it was investigating a report that a German-owned ship in the Mediterranean en route to Syria was carrying Iranian weapons in breach of an arms embargo.

S.Sudan: Japan firm completes Kenya pipeline study

Fri, 13 Apr 2012 15:59:21 +0000

NAIROBI, April 13 (Reuters) - South Sudan said Toyota Tsusho would soon make a financial proposal on the construction of a pipeline to transport the country's oil to a port in Kenya for export, after the Japanese firm completed a feasibility study.

Djibouti to deport four French nationals

Thu, 05 Apr 2012 21:19:03 +0000

HARGEISA, April 5 (Reuters) - Djibouti said on Thursday it would deport four French nationals detained as they tried to cross into Somaliland illegally.

African Markets - Factors to watch on April 5

Thu, 05 Apr 2012 05:13:15 +0000

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. EVENTS: ZAMBIA - Central bank sells 91-, 182- and 364-day Treasury bills at auction. SEYCHELLES - March inflation data expected. Year-on-year rate rose for sixth month in a row in February to 5.8 percent. GLOBAL MARKETS Asian shares fell on Thursday after a weak Spanish bond sale heightened concerns about funding difficulties fo

Djibouti economy to grow 4.8 pct in 2012 - IMF

Wed, 04 Apr 2012 18:02:13 +0000

DJIBOUTI, April 4 (Reuters) - Djibouti's economy will expand 4.8 percent this year from 4.4 percent in 2011, driven by an acceleration of port activities, construction and services, the International Monetary Fund said on Wednesday.

EU extends Somalia counter-piracy operation by two years

Fri, 23 Mar 2012 13:54:10 +0000

BRUSSELS, March 23 (Reuters) - The European Union prolonged its counter-piracy operation off the coast of Somalia by two years on Friday, until December 2014, and extended its range to include Somali coastal territory.