Somalia
U.S. Waives $1.14 Billion Debt for Somalia, Enhancing Economic Renewal
Mogadishu (AX) — In a monumental financial shift, Somalia has seen $1.14 billion in debt forgiven by the United States,…
billion
Somalia
Somalia’s Parliament Greenlights $1.3 Billion Budget, with Donors Contributing 66.7%
MOGADISHU, Somalia – Somalia’s parliament, armed with two chambers, has given a thumbs-up to a $1.3 billion budget, marking a…
East-Africa
Somali Parliament Grants Approval for $1.36 Billion Budget for the 2025 Fiscal Year
Mogadishu (AX) — The bicameral legislature of Somalia has greenlit a substantial budget of $1.36 billion for the fiscal year…
World
£3 Billion Increase Anticipated for UK Armed Forces in Upcoming Budget
According to recent reports, the UK armed forces are poised to receive a substantial £3 billion boost. This financial injection…
Somalia
Somalia Unveils $1.34 Billion Budget for FY2025, Announces First International Loan in Over Three Decades
The Somali administration has greenlit a federal budget of $1.34 billion for 2025. This represents a hefty 24.4% uptick…
Somalia
Somalia’s Cabinet Gives Green Light to $1.3 Billion Budget for 2025
MOGADISHU, Somalia – In a fresh fiscal launch, the Somali government nodded to a $1.3 billion budget for the year…
West-Africa
Somali Cabinet Gives Green Light to $1.3 Billion Budget for 2025 Fiscal Year
Mogadishu (AX) – At a special gathering led by Prime Minister Hamza Abdi Barre, Somalia’s Cabinet of Ministers gave the…
Somalia
How Africa Forfeits More Than $300 Billion Each Year Due to Unlawful Financial Outflows
“The definition requires broadening because businesses are indulging in activities that, while not criminal, significantly impact domestic resource mobilization.” The…
Somalia
VIDEO: Somalia’s $2 Billion Banking Industry Confronts Obstacles in Embracing Cryptocurrency
Mogadishu (AX) — Somalia’s banking industry, worth a cool $2 billion, is gearing up for some serious expansion. This growth…
World
Biden Declares $8 Billion Military Support Package for Ukraine
In a significant move, President Joe Biden has unveiled over $8 billion in military aid aimed at assisting Ukraine in…
East-Africa
Kenya Nears Agreement on $1.5 Billion Budget Support Loan from UAE – Insider
Kenya’s administration is on the cusp of securing a hefty $1.5 billion loan from the United Arab Emirates at an…
