News Somalia Exports: Somalia economy to grow by unprecedented 3.7%, IMF confirms
MOGADISHU, Somalia - Despite many hindrances and prevailing circumstances, the economy of the Federal Republic of Somalia is set for an unprecedented growth of 3.7% in 2024, experts have projected, ...
News Somalia Exports: Somalia seeks to cut reliance on nearly $9 billion in annual imports
Mogadishu (HOL) — Somalia imports goods worth nearly $9 billion a year, highlighting the country’s heavy dependence on foreign products and the need to expand domestic manufacturing, Commerce and Industry Minister Jamaal Mohamed Hassan.
News Somalia Exports: Climate Change Could Shrink Somalia’s Economy by 13.5% by 2060, World Bank Says
Climate change could reduce Somalia’s GDP by up to 13.5% by 2060, according to a World Bank report. Agriculture accounts for more than 70% of GDP and employs about 80% of the workforce, making the ...
News Somalia Exports: Kenya renews Lamu oil search amid Somali row
Kenya Business Venture, formerly Agip, started drilling last month at Mlima-1 well, which is also known as Block L11B.
News Somalia Exports: Turkish soup kitchen feeds over 3,000 people in Somalia
Turkish Red Crescent delegation head says organization operating in country since 2011 when Somalia suffered deadly famine ...
News Somalia Exports: Iran's Q1-3 Exports to Africa Triple
Iran’s exports to African countries reached $912 million in the first nine months of the current fiscal year (March 21-Dec. 21), registering a 199% year-on-year growth ($600 million) in terms of value ...
