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Somali Region’s Eight-Year Transformation Charts Progress From Ruin to Recovery TikTok to Pay $400 Million Settlement in U.S. Children’s Privacy Case Local forces kill two Al-Shabaab leaders in Middle Shabelle region Southwest State Leader Warns as Tensions Escalate in Somalia’s Baidoa Canberra to Join Australia’s Gun Buyback Program After Bondi Attack Somali Government Says It Is Aware of Military Operations Off Puntland State Coast Somali Region’s Eight-Year Transformation Charts Progress From Ruin to Recovery TikTok to Pay $400 Million Settlement in U.S. Children’s Privacy Case Local forces kill two Al-Shabaab leaders in Middle Shabelle region Southwest State Leader Warns as Tensions Escalate in Somalia’s Baidoa Canberra to Join Australia’s Gun Buyback Program After Bondi Attack Somali Government Says It Is Aware of Military Operations Off Puntland State Coast

Topic

Erases

1 story Updated 2 years ago

US cancels $1.1bn of Somalia’s debt in ‘historic’ financial agreement

US Erases $1.1 Billion of Somalia’s Debt in a Landmark Financial Deal

In a significant move, Somalia has announced the cancellation of over $1.1 billion in loans, roughly a quarter of their outstanding debt. Wow, isn’t that a breath of fresh air? This declaration…

November 7, 2024 Axadle Editorial Desk