News Somalia: Somalia: Hiran, Middle Shabelle gear up for federal state
MOGADISHU, Somalia, August 9, 2015 (Garowe Online)-Despite unraveling proposals, Somalia’s Federal Government is pushing ahead with the formation of second federal state for Hiran and Middle Shabelle ...
News Somalia: Somali central bank chief seeks new currency to rebuild nation
Few central bank chiefs have been jailed by a dictator or hide a loaded pistol in their desk draw, should Islamist militants decide to call. Bashir Issa Ali has done all that, and now he wants to recreate Somalia's currency from scratch.
News Somalia: Somalia Wins Historic Climate Funding to Foster Sustainable Solutions
MOGADISHU, Somalia – A historic moment unfolded at the Green Climate Fund (GCF) Board meeting from October 21 to 24, 2024, in Songdo, Incheon, South Korea, where a new climate adaptation project was ...
News Somalia: AfDB Adds $19 Million to Somalia Climate Resilience Support fils
Somalia is receiving about $19 million in new AfDB financing to strengthen its ability to prepare for and respond to droughts, floods and other climate-related disasters. The funding builds on earlier ...
News Somalia: Somalia’s Trusted Data Systems Turn Early Warnings Into Lifesaving Action
Maxwell Sibhensana, Deputy Director of FAO’s Office of Emergency and Resilience, told participants that resilience programmes depend on the strength of the evidence behind them.
News Somalia: Somalia: FGS Plans New Federal-Aligned Administration in Awdal Region
MOGADISHU, Somalia — Somalia’s federal government is moving forward with plans to establish a new administration in the northwestern Awdal region that would operate directly under the authority of the ...
News Somalia: Somalia’s Foreign Policy: Chaos, Self-Interest, or Lack of Vision?
Mogadishu—Since President Hassan Sheikh Mohamud took office in May 2022, Somalia’s foreign policy has faced challenges that underscore a lack of coherence and strategic vision. The Federal Government, ...
News Somalia: Somalia: First insurance company opens in Puntland
GAROWE, Somalia, April 27, 2015 (Garowe Online)-Takaful Insurance Company has on Monday opened its doors in Somalia’s northeastern state of Puntland for the first time in over two decades, ushering in ...
News Somalia: Puntland to Introduce Own Currency, Deepening Rift with Somalia's Government
GAROWE, Somalia - The leadership of Puntland announced plans to unveil a new currency in the latest move which further showcases the deep rift between the central government and the Federal States ...
News Somalia: An African country is bringing back its own currency after 35 years of relying on the US dollar
Somalia is moving closer to restoring the Somali shilling after 35 years without issuing new domestic banknotes, as the East African country seeks to rebuild monetary sovereignty after decades of conflict and reliance on the US dollar. | Business Insider Africa
News Somalia: ‘We No Longer Need Foreign Aid’: Somali Deputy Prime Minister’s Stunning Claim
omalia's Deputy Prime Minister Salah Ahmed Jama has sparked widespread surprise and disbelief after declaring that the country has moved b
News Somalia: Somalia’s Lost Opportunities: The Cost of Putting Narrow Interests Before the Common Good
History occasionally presents nations with defining moments—rare opportunities capable of changing the trajectory of generations.
News Somalia: Somalia steps up tax collection despite challenges
MOGADISHU, Somalia - The Somali government is steadily ramping up tax collection efforts despite the challenges of doing so in a volatile environment, said a senior Finance Ministry official. ‘‘When I ...
News Somalia: Could Somalia see the world's next major oil discovery?
A 200,000–300,000 b/d discovery could redraw East African oil trade, challenge Uganda's export project and give Indian refiners a rare nearby crude source ...
News Somalia: Somalia: Puntland President names third Governor, Commander for Nugal in Year-and-a-Half
GAROWE, Somalia, September 17, 2015 (Garowe Online)-The President of Somalia’s Puntland Government Abdiweli Mohamed Ali has named the third governor and regional police commander for northeastern ...
News Somalia: Women Break Gender Barriers in Somalia’s Construction Industry
Some women in Somalia have found work in its male-dominated construction industry, proving that skill, not gender, determines success. Women employees want to become mentors and role models in their ...
News Somalia: Somali Success Stories Conference Celebrates the Growth of the Nation’s Fintech Industry
MOGADISHU, Somalia — Highlighting the rapid development of Somalia’s financial technology sector, the third annual Somali Success Stories Conference concluded on October 17 at Sahal Hall in Mogadishu.
News Somalia: Hormuud Telecom Highlights Role in Driving Somalia’s Digital Market Transformation
MOGADISHU, Somalia — Somalia’s largest privately owned telecommunications provider, Hormuud Telecom, underscored its role as a digital market pioneer in a message shared on its official X (formerly ...
