• About Us
  • Contact Us
Tuesday, February 7, 2023
SOMALI
Goobjoog News English
  • Home
  • News
    • National
    • International
  • Security
    Somali forces shot dead four militants

    Somali forces shot dead four militants

    Security Meeting between Somalia’s frontliners and Somali Federal Government held in Mogadishu

    Security Meeting between Somalia’s frontliners and Somali Federal Government held in Mogadishu

    Traffic police officer shot dead in Bakarah market, Mogadishu

    Bombings hit areas near Mogadishu city HQs

    Heavy fighting underway between local forces, Al-Shabaab in Hiran region

    Heavy fighting underway between local forces, Al-Shabaab in Hiran region

    Joint security operation kills nearly 50 Al-Shabaab fighters in Hawadley  

    Joint security operation kills nearly 50 Al-Shabaab fighters in Hawadley  

  • Parliament
    Somali Parliament expected to decide on the 2022 budget today

    Somali Parliament expected to decide on the 2022 budget today

    Parliamentary Election Committee to hold its first meeting

    Parliament to hold crucial joint meeting today

    Parliament approves Hamze Abdi Barre as Somalia’s 21st Prime Minister

    Parliament approves Hamze Abdi Barre as Somalia’s 21st Prime Minister

    Congratulations pour in for the newly elected Somali Prime Minister

    Somali parliament to hold vote of confidence on Prime Minister Hamza Abdi Barre

    Upper House approves 5-member constitutional Commission

    Upper House approves 5-member constitutional Commission

  • Education
    Bringing everyone to the table: Supporting distributed leadership in Somalia’s education sector

    Bringing everyone to the table: Supporting distributed leadership in Somalia’s education sector

    President Hassan Sheikh leads nation in marking Somali Teachers’ Day

    President Hassan Sheikh leads nation in marking Somali Teachers’ Day

    UK funded Chevening Scholarships now open for application

    UK funded Chevening Scholarships now open for application

    PM Roble flags off secondary school leaving exams for thousands of learners

    PM Roble flags off secondary school leaving exams for thousands of learners

    USAID announces $6.8M initiative to increase access to education in Somalia

    USAID announces $6.8M initiative to increase access to education in Somalia

  • Humanitarian Affairs
    Study: Somali people ‘highly traumatized’ after years of conflict

    Study: Somali people ‘highly traumatized’ after years of conflict

    World Food Program chief: Somali famine slowed, not avoided

    World Food Program chief: Somali famine slowed, not avoided

    World Bank provides 50 mln USD grant for drought response in Somalia

    World Bank provides 50 mln USD grant for drought response in Somalia

    Somalia’s food crisis is claiming young lives

    8th AFRIMA in Senegal partners UNFPA, seeks support to end humanitarian crisis in Somalia

    The 2011 famine signs on sight, UN in Somalia warns as it calls for scaled up response

    Aid agencies, UN clash over ‘famine threshold’ as hunger ravages Somalis

  • Diaspora Voices
    Saudi government donates food aid to thousands of families in Somalia

    Saudi government donates food aid to Somalia

    Mogadishu Port Remains Closed Over Tariff Dispute

    Former Somali lawmaker involved in Mogadishu twin explosions

    World expresses solidarity with Somalia after attack

    Somali soldiers allegedly tortured former MP

    Somali soldiers allegedly tortured former MP

    NUSOJ impasse deepens as ILO recognises Farouk as Secretary General

    NUSOJ impasse deepens as ILO recognises Farouk as Secretary General

  • Business
    MIGA’s first project in Somalia shows that renewable energy investment can be achieved in challenging environments

    MIGA’s first project in Somalia shows that renewable energy investment can be achieved in challenging environments

    Somalia to issue first new banknotes in more than three decades

    Somalia to issue first new banknotes in more than three decades

    Somalia ‘to lift’ Kenyan khat ban as ties improve

    Boost for Kenyan traders as miraa exports to Somalia more than double

    Ethiopia and Somalia sign air services agreement

    Ethiopia and Somalia sign air services agreement

    DP World inks deal with Puntland to upgrade Bosaso Port

    DP World inks deal with Puntland to upgrade Bosaso Port

  • Science & Tech
    Somalia meteorite: Joy as scientists find two new minerals

    Somalia meteorite: Joy as scientists find two new minerals

    Uganda successfully launches its first satellite into space

    Uganda successfully launches its first satellite into space

    Banaadir Hospital gets major upgrade from Chinese government

    Banaadir Hospital gets major upgrade from Chinese government

    Opinion: Could Somalia become the next Texas?

    PSA CONUNDRUM: Roble, Farmaajo were ‘supportive’, Coastline Exploration ‘perplexed’

    Controvery in Somalia as gov’t COVID-19 Twitter handle used to spread political messages

    Controvery in Somalia as gov’t COVID-19 Twitter handle used to spread political messages

  • Opinion
    Somalia- Analysis: Could this be Somalia’s best chance to defeat Al-Shabab

    Somalia- Analysis: Could this be Somalia’s best chance to defeat Al-Shabab

    Somalia set to attend this year’s Africa Oil Week

    The exploration of oil and gas in Somalia

    Climate change; a shared global concern

    Climate change; a shared global concern

    Somalia and the human rights debate in Central Asia

    Somalia and the human rights debate in Central Asia

    African nations demand climate change financing ahead of COP27

    African nations can’t ‘adapt’ to the climate crisis. Here’s what rich countries must do

    A deadly decade for Somalia’s journalists

    A deadly decade for Somalia’s journalists

    President Mohamud: There is no turning back. We must finish off Al-Shabaab

    President Mohamud: There is no turning back. We must finish off Al-Shabaab

    Left behind: Deeply broken Somalia

    Left behind: Deeply broken Somalia

    OP-ED: Terrorism has no nationality, ethnicity nor religion. FETO threatens humanity as a whole”

    OP-ED: Terrorism has no nationality, ethnicity nor religion. FETO threatens humanity as a whole”

    Trending Tags

    • Home
    • News
      • National
      • International
    • Security
      Somali forces shot dead four militants

      Somali forces shot dead four militants

      Security Meeting between Somalia’s frontliners and Somali Federal Government held in Mogadishu

      Security Meeting between Somalia’s frontliners and Somali Federal Government held in Mogadishu

      Traffic police officer shot dead in Bakarah market, Mogadishu

      Bombings hit areas near Mogadishu city HQs

      Heavy fighting underway between local forces, Al-Shabaab in Hiran region

      Heavy fighting underway between local forces, Al-Shabaab in Hiran region

      Joint security operation kills nearly 50 Al-Shabaab fighters in Hawadley  

      Joint security operation kills nearly 50 Al-Shabaab fighters in Hawadley  

    • Parliament
      Somali Parliament expected to decide on the 2022 budget today

      Somali Parliament expected to decide on the 2022 budget today

      Parliamentary Election Committee to hold its first meeting

      Parliament to hold crucial joint meeting today

      Parliament approves Hamze Abdi Barre as Somalia’s 21st Prime Minister

      Parliament approves Hamze Abdi Barre as Somalia’s 21st Prime Minister

      Congratulations pour in for the newly elected Somali Prime Minister

      Somali parliament to hold vote of confidence on Prime Minister Hamza Abdi Barre

      Upper House approves 5-member constitutional Commission

      Upper House approves 5-member constitutional Commission

    • Education
      Bringing everyone to the table: Supporting distributed leadership in Somalia’s education sector

      Bringing everyone to the table: Supporting distributed leadership in Somalia’s education sector

      President Hassan Sheikh leads nation in marking Somali Teachers’ Day

      President Hassan Sheikh leads nation in marking Somali Teachers’ Day

      UK funded Chevening Scholarships now open for application

      UK funded Chevening Scholarships now open for application

      PM Roble flags off secondary school leaving exams for thousands of learners

      PM Roble flags off secondary school leaving exams for thousands of learners

      USAID announces $6.8M initiative to increase access to education in Somalia

      USAID announces $6.8M initiative to increase access to education in Somalia

    • Humanitarian Affairs
      Study: Somali people ‘highly traumatized’ after years of conflict

      Study: Somali people ‘highly traumatized’ after years of conflict

      World Food Program chief: Somali famine slowed, not avoided

      World Food Program chief: Somali famine slowed, not avoided

      World Bank provides 50 mln USD grant for drought response in Somalia

      World Bank provides 50 mln USD grant for drought response in Somalia

      Somalia’s food crisis is claiming young lives

      8th AFRIMA in Senegal partners UNFPA, seeks support to end humanitarian crisis in Somalia

      The 2011 famine signs on sight, UN in Somalia warns as it calls for scaled up response

      Aid agencies, UN clash over ‘famine threshold’ as hunger ravages Somalis

    • Diaspora Voices
      Saudi government donates food aid to thousands of families in Somalia

      Saudi government donates food aid to Somalia

      Mogadishu Port Remains Closed Over Tariff Dispute

      Former Somali lawmaker involved in Mogadishu twin explosions

      World expresses solidarity with Somalia after attack

      Somali soldiers allegedly tortured former MP

      Somali soldiers allegedly tortured former MP

      NUSOJ impasse deepens as ILO recognises Farouk as Secretary General

      NUSOJ impasse deepens as ILO recognises Farouk as Secretary General

    • Business
      MIGA’s first project in Somalia shows that renewable energy investment can be achieved in challenging environments

      MIGA’s first project in Somalia shows that renewable energy investment can be achieved in challenging environments

      Somalia to issue first new banknotes in more than three decades

      Somalia to issue first new banknotes in more than three decades

      Somalia ‘to lift’ Kenyan khat ban as ties improve

      Boost for Kenyan traders as miraa exports to Somalia more than double

      Ethiopia and Somalia sign air services agreement

      Ethiopia and Somalia sign air services agreement

      DP World inks deal with Puntland to upgrade Bosaso Port

      DP World inks deal with Puntland to upgrade Bosaso Port

    • Science & Tech
      Somalia meteorite: Joy as scientists find two new minerals

      Somalia meteorite: Joy as scientists find two new minerals

      Uganda successfully launches its first satellite into space

      Uganda successfully launches its first satellite into space

      Banaadir Hospital gets major upgrade from Chinese government

      Banaadir Hospital gets major upgrade from Chinese government

      Opinion: Could Somalia become the next Texas?

      PSA CONUNDRUM: Roble, Farmaajo were ‘supportive’, Coastline Exploration ‘perplexed’

      Controvery in Somalia as gov’t COVID-19 Twitter handle used to spread political messages

      Controvery in Somalia as gov’t COVID-19 Twitter handle used to spread political messages

    • Opinion
      Somalia- Analysis: Could this be Somalia’s best chance to defeat Al-Shabab

      Somalia- Analysis: Could this be Somalia’s best chance to defeat Al-Shabab

      Somalia set to attend this year’s Africa Oil Week

      The exploration of oil and gas in Somalia

      Climate change; a shared global concern

      Climate change; a shared global concern

      Somalia and the human rights debate in Central Asia

      Somalia and the human rights debate in Central Asia

      African nations demand climate change financing ahead of COP27

      African nations can’t ‘adapt’ to the climate crisis. Here’s what rich countries must do

      A deadly decade for Somalia’s journalists

      A deadly decade for Somalia’s journalists

      President Mohamud: There is no turning back. We must finish off Al-Shabaab

      President Mohamud: There is no turning back. We must finish off Al-Shabaab

      Left behind: Deeply broken Somalia

      Left behind: Deeply broken Somalia

      OP-ED: Terrorism has no nationality, ethnicity nor religion. FETO threatens humanity as a whole”

      OP-ED: Terrorism has no nationality, ethnicity nor religion. FETO threatens humanity as a whole”

      Trending Tags

      No Result
      View All Result
      Goobjoog News English
      No Result
      View All Result

      Somalia, Turkish firm ink revised 14 year port concession

      Thursday October 8, 2020
      in Banaadir, Business, Featured, National News
      A A
      Somalia, Turkish firm ink revised 14 year port concession

      The new concession envisages a revised revenue sharing agreement between Somalia and Albayrak. Photo: SONNA

      Share on FacebookShare on Twitter

      By T. Roble

      Somali government and the Turkish ports operator Albayrak have signed a long-negotiated deal granting the Turkish firm a new 14-year concession which also seeks to revise the revenue sharing formula between the two parties.

      In the new concession signed by Ports Minister Mariam Jama and Albayrak, the Turkish firm will retain exclusive terminal operation and marine services at the port of Mogadishu ‘under a revised revenue share arrangement’.

      A statement from the Prime Minister’s office did not however mention the share agreement. However, in the 2013 concession, the two parties entered into a 55%-45% in favour of the Federal Government. The concession was set  to last for 20 years.

      The World Bank and the Financial Governance Committee chaired by Finance Minister and draws membership from the World Bank, IMF, and Central Bank among other stakeholders have variously questioned the rationale of the 2013 concession noting it was skewed in favour of the Turks. They called for a review of all government contracts and concessions.

      Additionally, the new concession envisages the injection of $50 million over five years for rehabilitation and investment to upgrade the port amid increasing trade flows. The agreement also provides for ‘the implementation of a state-of-the-art terminal operating system to increase efficiency and speed at the port and increase service quality for shipping lines and cargo owners’.

      The agreement, the PM’s office said also covers a planning and approval process for the long-term development of Mogadishu Port beyond the initial five years.

      Finance Minister Abdirahman Beileh said the negotiations which took up to three years will now safeguard government income from the port. “With the new Concession Agreement, we have been able to do this, safeguarding Government income today and expanding in future.”

       

       

       

      ShareTweetPin
      Previous Post

      Ex-Somali PM Ali Khalif Galaid dies in Ethiopia

      Next Post

      Kenya’s Westgate trial: Man cleared of terrorism ‘seized by armed men’

      Related Posts

      The Somalia House of Representatives enacts two crucial bills
      National News

      The Somalia House of Representatives enacts two crucial bills

      February 6, 2023
      Somaliland soldiers and opposition forces killed in Las’anod.
      National News

      Somaliland soldiers and opposition forces killed in Las’anod.

      February 6, 2023
      Somalia asks the World Bank for additional drought relief funds.
      National News

      Somalia asks the World Bank for additional drought relief funds.

      February 6, 2023
      BAIDOA CONFERENCE ON RECONCILIATION AND DIALOGUE FOR SOUTH WEST STATE
      Articles

      BAIDOA CONFERENCE ON RECONCILIATION AND DIALOGUE FOR SOUTH WEST STATE

      February 5, 2023
      Elections in Southwest were timed and agreed upon
      Elections

      Elections in Southwest were timed and agreed upon

      February 5, 2023
      Somali forces shot dead four militants
      Jubbaland

      Somali forces shot dead four militants

      February 5, 2023
      Next Post
      Kenya’s Westgate trial: Man cleared of terrorism ‘seized by armed men’

      Kenya's Westgate trial: Man cleared of terrorism ‘seized by armed men'

      Latest News

      • All
      • National News
      • Featured
      • featured
      • international News
      The Somalia House of Representatives enacts two crucial bills

      The Somalia House of Representatives enacts two crucial bills

      February 6, 2023
      Somaliland soldiers and opposition forces killed in Las’anod.

      Somaliland soldiers and opposition forces killed in Las’anod.

      February 6, 2023
      Somalia asks the World Bank for additional drought relief funds.

      Somalia asks the World Bank for additional drought relief funds.

      February 6, 2023
      BAIDOA CONFERENCE ON RECONCILIATION AND DIALOGUE FOR SOUTH WEST STATE

      BAIDOA CONFERENCE ON RECONCILIATION AND DIALOGUE FOR SOUTH WEST STATE

      February 5, 2023
      Elections in Southwest were timed and agreed upon

      Elections in Southwest were timed and agreed upon

      February 5, 2023
      Somali forces shot dead four militants

      Somali forces shot dead four militants

      February 5, 2023
      Somalia hopes to join the East Africa Community

      Somalia hopes to join the East Africa Community

      February 4, 2023
      Somali Lower House holds a pivotal gathering

      Somali Lower House holds a pivotal gathering

      February 4, 2023
      Somali Minister of Finance gave the Financial Section Bill to the Upper House

      Somali Minister of Finance gave the Financial Section Bill to the Upper House

      February 4, 2023
      MIGA’s first project in Somalia shows that renewable energy investment can be achieved in challenging environments

      MIGA’s first project in Somalia shows that renewable energy investment can be achieved in challenging environments

      February 2, 2023
      Load More

      Goobjoog Archive

      Goobjoog News English

      GOOBJOOG MEDIA GROUP is an independent private media network in Somalia whose charter is driven by the quest for public service journalism. This is in realization of the overarching principle of fostering peace and economic development through media. With unparalleled access to news sources and locations across the country backed by a team of professional journalists.

      February 2023
      M T W T F S S
       12345
      6789101112
      13141516171819
      20212223242526
      2728  
      « Jan    
      • About Us
      • Contact Us

      © Copyright 2021, All Rights Reserved

      No Result
      View All Result
      • Home
      • News
        • National
        • International
      • Security
      • Parliament
      • Education
      • Humanitarian Affairs
      • Diaspora Voices
      • Business
      • Science & Tech
      • Opinion

      © Copyright 2021, All Rights Reserved