Somalia
Somalia and Denmark Ink Deal for Debt Relief, Highlighting Economic Reform Advances
In a key move for Somalia’s financial future, Finance Minister Bihi Iman Egeh inked a pivotal debt relief deal with Denmark’s representative,…
Topic
economic
Somalia
Somalia’s Leader Calls on German Companies to Fuel a Revolutionary Economic Resurgence
In the bustling city of Frankfurt, an intriguing meeting took place between Somali President Hassan Sheikh Mohamud and Christoph Kannengiesser, CEO of…
Somalia
US Cancels $1.14 Billion Debt for Somalia, Aiding Economic Revival
In the bustling city of Mogadishu, there’s a breath of fresh air as the U.S. has lifted a heavy burden off Somalia’s…
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, signaling a…
Somalia
Turkey Strengthens Bonds with Africa, Seeking Economic and Diplomatic Expansion
Turkey’s government emphasizes bolstering its relationship with Africa, acknowledging the continent’s vast potential for economic growth. Expressing gratitude for Africa’s unwavering support…
Somalia
Somalia and Saudi Arabia Bolster Economic and Trade Relations Through Top-Level Discussions
Riyadh (AX) — In a significant move for regional business prospects, Somali Foreign Affairs Minister, Ahmed Maalam Faqi, met with the Saudi…
West-Africa
Senegal Strives for Economic Independence by the Year 2050
The government has announced an ambitious 25-year development strategy designed to enhance competitiveness, promote sustainable resource management, and uphold exemplary governance, establishing…
Somalia
Digital Transformation of the Banking Sector to Influence Somalia’s Economic Landscape
How Digital Banking is Transforming Somalia’s Economy MOGADISHU, Somalia – The digital tidal wave sweeping through banking is poised to reshape Somalia’s…
West-Africa
Somali Envoy to Turkey Joins Discussions to Boost Economic Ties Between Turkey and East Africa
ANKARA (AX) — Somali Ambassador to Turkey, Fathudin Ospite, joined a gathering of East African envoys in Ankara on Friday. They convened…
Somalia
BGS 2024 Forum to Highlight the Impact of Fintech on Somalia’s Economic Development
BGS 2024 Forum: Unpacking Fintech’s Role in Somalia’s Economic Landscape MOGADISHU, Somalia – The annual Somalia’s Success Stories, organized by Hormuud, a…
Somalia
Researcher Investigates Economic Consequences of Declined Humanitarian Aid in East Africa
The research falls into two segments: “The Cost of Inaction: Impacts of WFP Assistance Shortfalls on Food Security Outcomes in Somalia” and…
