Somalia and Oman have agreed to strengthen cooperation in transport, communications and information technology as Mogadishu seeks to accelerate its digital transformation and expand regional economic ...
Economics Explained on MSNOpinion

Somalia’s economy is fighting to stay stable

Somalia’s economy operates under some of the most challenging conditions in the world. Limited infrastructure, security ...
WASHINGTON – Somalia will press ahead with poverty reduction efforts and a major regional ports and corridors initiative if international creditors forgive the country’s $5 billion debt this February, ...
MOGADISHU, Somalia - The African Development Bank said it participated in an event where Italy contributed about US$1.2mn towards the Somalia Infrastructure Fund (SIF). Albert Mafusire, the African ...
Few issues have polarized Somalia’s political and economic discourse as sharply as recent oil discoveries. Government ...
WardheerNews analysis Somalia’s reported acquisition of 24 JF-17 Thunder fighter jets is being framed by officials as a step toward rebuilding national defense capacity. But analysts say the plan ...
China is increasingly involved in Somalia because of Somaliland’s diplomatic recognition of Taiwan and its progress in ...
Turkey's state-owned energy company, TPAO, has begun drilling operations in Somalia's offshore blocks as part of a strategic exploration and production agreement signed in March 2024. The agreement, ...