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Bondi hero receives €1.4 million from community crowdfunding campaign

Man who disarmed gunman in Bondi Beach mass shooting receives more than A$2.5 million in donations A man credited with saving lives by wrestling a gun from one of the alleged attackers in the Bondi Beach mass shooting has received a cheque for more than A$2.5 million (€1.4 million) after tens of thousands of people contributed to an online fundraising campaign. Ahmed al Ahmed, 43, was presented with an oversized cheque at his bed in St. George Hospital by social media influencer Zachery Dereniowski, a co-organiser of the…

Kenya seals $311 million power transmission lines deal with Africa fund, Indian firm

NAIROBI, Kenya — Kenya has signed a $311 million agreement with pan-African infrastructure fund Africa50 and PowerGrid Corporation of India to design, finance, build and operate two high-voltage electricity transmission lines under a public-private partnership, the finance ministry said Monday. The deal marks one of the East African nation’s largest power-grid concessions to date and is intended to ease chronic constraints on the network as demand grows. The project company will manage the full life cycle of the assets —…

African Development Bank approves $76 million to boost Somalia’s transport connectivity

AfDB approves $76.37 million in additional financing to boost Somalia’s road corridors, cross-border trade Sunday December 14, 2025 The African Development Bank (AfDB) Group has approved $76.37 million in additional financing for Somalia’s Road Infrastructure Program, strengthening a key segment of the Horn of Africa corridor linking Somalia with Ethiopia and Djibouti and aimed at accelerating regional trade and integration. In a statement issued Thursday, the bank said the program is designed to “stimulate cross-border…

IMF Approves $40 Million Boost for Somalia’s Credit Program, Fourth Review Cleared

IMF approves additional $40 million for Somalia, releases $30 million in immediate budget support MOGADISHU — The International Monetary Fund has approved an additional $40 million for Somalia after completing the fourth review of the country’s Extended Credit Facility, authorizing an immediate $30 million disbursement for budget support. The decision lifts Somalia’s total access under the program to about $140 million and brings cumulative disbursements to roughly $100 million under the arrangement approved in December…

China Donates $1 Million to Boost Somalia’s Drought Relief Efforts

Mogadishu (AX) — China has donated $1 million to the Somalia Disaster Management Agency (SoDMA) to bolster drought relief as seasonal rains falter and food insecurity deepens across the country, Somali and Chinese officials said Monday. Chinese Ambassador to Somalia Wang Yu formally handed over the contribution during a high-level meeting hosted by SoDMA Commissioner Mohamud Moalim Abdulle in Mogadishu. Wang said the aid reflects Beijing’s commitment to stand by Somalia “during these difficult times,” citing the “principle…

IMF, Somalia strike $30 million financing deal to drive reforms

IMF, Somalia Reach Staff-Level Deal That Could Unlock $30 Million Somalia has secured a staff-level agreement with the International Monetary Fund that could release roughly $30 million in fresh financing, a timely boost as the government faces tighter aid flows, the bite of climate shocks, and the demanding work of rebuilding a post-debt-relief economy. The agreement, announced Sunday after two weeks of talks in Washington and Mogadishu, will go to the IMF Executive Board in the coming weeks. If endorsed, it would mark…

Report: Al‑Shabaab nets $200 million annually, financing Somalia’s insurgency

Al‑Shabaab’s War Chest: How a Militant Tax System Fuels a Comeback in Somalia A militant economy hiding in plain sight The hardest thing to see in Somalia’s long war is often the most obvious: the receipts. A new assessment by the Combating Terrorism Center at West Point says al‑Shabaab, al‑Qaida’s Somali affiliate, is now the network’s financial powerhouse—pulling in an estimated $100 million to $200 million a year. That money isn’t just paying for bullets. It’s rebuilding a parallel state. The report, The Global State…

African Union mission in Somalia teeters amid $180 million funding shortfall

African Union mission in Somalia teeters as $180 million shortfall threatens gains against al‑Shabab MOGADISHU — The African Union Support and Stabilization Mission in Somalia (AUSSOM) is confronting a funding cliff that could unravel years of hard-won progress against the Islamist insurgency, AU officials warned at the United Nations General Assembly. With about 11,000 troops from Kenya, Burundi, Ethiopia, Djibouti and Uganda deployed across Somali towns and desert tracks, the mission now faces an estimated $180 million…

Somali president pledges passport reform after 10 million issued without records

Somalia’s identity shake-up: a bid to reclaim control sparks questions about reach and rights MOGADISHU — In a forceful televised address that mixed alarm at security risks with the blunt tools of statecraft, President Hassan Sheikh Mohamud announced a sweeping overhaul of how Somalis are identified: passports, he said, will no longer be the primary credential for accessing government or private services. Instead, the National Identification and Registration Authority (NIRA) card must be used — and those who refuse to…

Qatar Contributes $3 Million to Combat North Western State of Somalia’s Drought Crisis

Reaching Across the Sands: Qatar's Aid to North Western State of Somalia's Drought-Impacted Communities In an unexpected display of cross-regional solidarity, Qatar has pledged $3 million to support the drought-stricken communities in North Western State of Somalia. This humanitarian gesture follows the failure of the anticipated spring rains, plunging the region deeper into an existential crisis. The announcement, made Tuesday, is more than just a financial promise; it's a testament to the shifting alliances and emerging…