partners

Saudi Finance Minister Mohammed al-Jadaan. (Archive photo: Reuters) In a fresh collaboration, Saudi Arabia teamed up with the OPEC Fund and Somalia to aid the economic recovery of the East African nation. The deal was penned by Saudi Finance Minister Mohammed al-Jadaan, Somali Finance Minister Bihi Egeh, and OPEC Fund's chief Abdulhamid al-Khalifa during the OPEC Fund Development Forum and Ministerial Meeting in Vienna. Somalia grapples with unrest, including violence from the al-Qaeda-affiliated al-Shabaab group and…

Nairobi (AX) — Somalia has hopped aboard a $35 million climate disaster risk project spearheaded by the African Development Bank Group (AfDB) to bolster resilience against climate upheavals. The venture, which encompasses Comoros, Djibouti, and South Sudan, was inked during AfDB's 2024 Annual shindig in Nairobi. The Multi-National Climate Disaster Risk Financing Initiative, given the green light on May 3, 2024, via AfDB's Africa Disaster Risk Financing Programme (ADRiFi), aspires to nurture a welcoming ecosystem for climate…

Everton has officially rejected 777 Partners' long-awaited takeover, potentially welcoming new investors with open arms. The club will explore different ownership options after the failed deal with the US-based consortium that had the majority stake. Premier League's strict regulations delayed the takeover process, leading to financial difficulties for Everton. Despite facing penalties for breaching financial rules, Everton managed to secure a spot away from the relegation zone. Majority shareholder Farhad Moshiri is now on…

Kenya has agreed to collaborate with the European Union to combat criminal activities at sea, particularly from pirates and Houthi rebels in Yemen. The EU, with a presence in the Indian Ocean, is concerned about the growing threat which is affecting ship traffic in the Gulf of Aden and the Red Sea, causing disruptions in international trade.Given the increasing risks to shipping in the Indian Ocean, Gulf of Aden, and the Red Sea, the European Union is seeking Kenya's assistance in prosecuting suspected criminals apprehended…

In a recent development, Somalia and Oman have officially penned a Memorandum of Understanding (MoU) to enhance the fisheries sector in Somalia. This collaboration between Somalia's Fisheries Minister Ahmed Hassan Adan and Oman's Agriculture and Fisheries Minister Saud bin Hamoud Al Habsi aims to boost economic relations and support sustainable fishing practices. Minister Adan is optimistic about how this partnership will invigorate Somalia's fishing industry through infrastructure improvements and capacity building. By…

MOGADISHU, Somalia - Members of the international community welcomed the progress made in holding free and fair elections in Somalia, arguing that the plan has been fully implemented so far in accordance with the original agreement. The country has launched the long process of selecting the leaders, who will lead the country for the next four years. Already, senatorial elections have started across the country, with Jubaland becoming the first state to choose senators. In a statement, members of the international…

The United States is leading partners in celebrating Somalia's political pact before the election WASHINGTON, USA - The United States has described the latest election pact in Somalia as "on time" just hours after the political leadership signed the agreement, which would ensure that the country holds elections within the next two months, in addition to conducting a number of local issues. Prime…

Somalia's partners raise concerns over Mogadishu violence MOGADISHU, Somalia - A number of Somalia's international partners have expressed concern over escalating violence in the capital Mogadishu, which escalated on Sunday after heavy fighting that created troops loyal to outgoing President Mohamed Abdullahi Farmajo and opposition leaders. For most of Sunday, troops exchanged fire…

MOGADISHU, Somalia - The federal government of Somalia announced that it is deeply discouraged to see statements from some of its international partners that paint Farmajo's term extension illegal. In a statement, the Foreign Ministry called "Inflammatory" partners' statements full of threats, which weakens the political independence and sovereign rights of national institutions. The statement further said that the response of the international community will serve to encourage terrorist groups and encourage foreign…

Int'l partners shoot warning against Somalia's political stakeholders MOGADISHU, Somalia - A section of members of the international community has sent a warning to Somalia's politicians following Wednesday's collapse of the Afisyoni conference, which was to address a number of challenges ahead of the country's elections. The Villa Somalia leadership had accused the federal states of…