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Somalias

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 follows a string of similar commitments by lenders, freeing Somalia from financial shackles. The burden originated chiefly during Siad Barre's authoritarian rule, the aftermath of which led to civil chaos lasting three decades. The saga of heavy debt continued to loom large until now. President Hassan Sheikh Mohamud described the…

Somalia’s Leader Promises to Bring Home Citizens Without Residency in Germany

Mogadishu (AX) — Determined to extend a welcoming hand, President Hassan Sheikh Mohamud pledged to embrace Somali nationals boomeranging back from Germany. Post a notable meeting with Chancellor Olaf Scholz, Wednesday was the day for affirmations. "I'm all in for repatriating any Somali who hasn't snagged a residence permit or settled properly in Germany," Mohamud avouched to the German tabloid BILD. "We’re a changed nation. Safer, past the days of civil unrest," Mohamud stressed to BILD, echoing Somalia's rising…

Somalia’s Natural Wealth Faces a Diminishing Window of Importance

Somalia, a nation brimming with untapped potential, often gets overshadowed by what's apparently missing rather than recognized for the resources it conceals. Beneath its surface, hidden treasures await discovery—treasures that could lay the groundwork for a prosperous economy. The pressing question is: Will Somalia seize the moment, or will it merely stand by as global markets evolve, leaving its wealth to waste away? The nation's promise revolves around four key areas: fossil fuels, abundant fisheries, rich livestock,…

Somalia’s President Extends Congratulations to Trump on US Presidential Election Win

MOGADISHU, Somalia - In a warm gesture, President Hassan Sheikh Mohamud of Somalia shared enthusiastic congratulations with Donald Trump on his US presidential triumph, highlighting a commitment to bolster ties with a key ally. Trump was on the cusp of clinching victory in the pivotal 2024 elections, having skillfully navigated battleground states such as Pennsylvania, Georgia, and North Carolina. Exit surveys suggest triumphs in Nevada, Arizona, Wisconsin, and Michigan, areas where VP Kamala Harris had her hopes. Joining…

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 high point over the years. This financial plan is set to boost various economic sectors, including funding for ongoing infrastructure projects. This approval covers both spending and income as outlined in the Appropriation Act for 2025, ensuring that many governmental departments can pursue their programs seamlessly over the next year. In a unanimous vote, MPs pushed the budget to $1.3 billion, a…

Somalia’s Prime Minister Hamza Welcomes Slovenia’s Deputy Prime Minister

Hamza Abdi Barre, the Prime Minister of Somalia, recently welcomed Tanja Fajon, Slovenia's Deputy Prime Minister, for an important dialogue. During their meeting, they delved into strengthening ties between Somalia and Slovenia, with a keen focus on pivotal issues such as climate change, social welfare, security, and human rights. This dialogue gains significance as Somalia embarks on its new role within the UN Security Council, as highlighted by the Somali National News Agency (SONNA). Prime Minister Hamza took the…

Somalia’s Army Chief Dismissed as Battle Against Al-Shabaab Stagnates

MOGADISHU, Somalia - In a surprising twist of events, Somalia's President Hassan Sheikh Mohamud has shown the door to a top brass member of the Somali National Army (SNA), just when the nation is intensely embroiled in its campaign against Al-Shabaab. Al-Shabaab militants, notorious for causing upheaval, assert control over huge patches of rural zones in south and central Somalia. Recent military efforts have shaken their foundation, leaving many militants pondering defection to governmental camps. Nonetheless, the…

Somalia’s Defense Minister Describes Ethiopia’s Security as ‘Chaotic and Unmanageable’

MOGADISHU, Somalia — Abdulkadir Mohamed Nur, the Defense Minister of Somalia, has sharply critiqued Ethiopia, advocating that the neighboring country focus its efforts on managing its internal security issues rather than interfering in Somali matters. Amid rising tensions between the two nations, Nur brought attention to Ethiopia's internal unrest, emphasizing that insurgents have reportedly advanced to within 40 kilometers of Addis Ababa. "Ethiopia ought to concentrate on safeguarding its own capital and populace, instead…

Somalia’s Disaster Agency Pledges to Deliver Urgent Medical Care

The recent inauguration of the Emergency Care Center at Medina General Hospital was a significant event attended by Somalia’s Prime Minister, Hamza Abdi Barre. He urged the community to embrace unity and peaceful coexistence, emphasizing that only through these values can they foster socioeconomic advancement in the nation. Maalim Abdulle, the CEO of the Somalia Disaster Management Agency (SoDMA), was present at the ceremony, proudly donning his blue suit. He reaffirmed SoDMA's unwavering dedication to ensuring that all…

Somalia’s Parliament Prolongs Session to Accelerate Election Legislation Ahead of 2026 Elections

Mogadishu (AX) — On Saturday, Somalia’s Parliament granted a one-month extension to its current session, responding to a request from President Hassan Sheikh Mohamud to postpone the lawmakers' recess in order to address urgent election legislation. Originally slated to begin their break on November 6, the Parliament will now continue its work until early December this year. In his address to the Parliament, President Mohamud highlighted the pressing need for reviewing and passing critical laws and agreements that require…

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