Business

Somalia to announce plans for first oil licensing round in December

By: Somalia will announce plans in December for its first ever oil and gas licensing round, its oil minister said…

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World Bank opens office in Somalia as lender upbeat on country’s recovery

The World Bank has opened its offices in Somalia as the global lender expresses confidence on the country’s recovery path…

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Somalia aims to reduce poverty, pump up infrastructure after debt erased

By REUTERS Somalia will press ahead with poverty reduction efforts and a major regional ports and corridors initiative if international…

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IMF chief assures Somalia of support to clear debts

The International Monetary Fund has expressed its support towards Somalia’s debt relief process. The lender’s managing director Kristalina Georgieva said…

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Your figures don’t add up, Beileh tells Auditor General

By T. Roble SUMMARY Beileh says Auditor General’s figures do not tally with that at the Central Bank FGS and…

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SECCCO: Transformation through sustainable energy cookstoves

GAROWE, PUNTLAND: Just like the sun rises on the east and sets in the west, so is the need to…

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At least $10m not adequately accounted for- Audit report

By. Roble At least $10 million dollars was spent in 2018 by state institutions without adequate support documents to account…

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Close to $20m aid money not accounted for- audit report

By T. Roble About $20 million in donor aid was not deposited at the Treasury Single Account at the Central…

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Finland announces additional $8.9m to Somalia Multi-Partner Fund

The Finish government has announced an $8.9 million contribution to the Somalia Multi-Partner Fund bringing to a total of $13.4…

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UN, partners hail debt relief talks between Fed. Govt and states

The UN and other donor partners in Somalia have welcomed the recent talks between the Federal Government and state governments…

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