SO 
EN
Business
-
Banaadir
US to cancel Somalia’s $1b debt in new deal
By T. Roble Somalia will have $1 billion dollars owed to the US cancelled in about three year’s time following…
Read More » -
Business
Juba Express and WorldRemit launch international payments to Somalia
3 September 2020: London: Juba Express, one of the fastest growing money transfer services and WorldRemit, a leading global payments…
Read More » -
Business
EXCLUSIVE: Somalia faces over €100m in deal default as Contractor files new charges
By T. Roble A legal battle between Somalia and a Cypriot company seeking compensation for breach of contract by the…
Read More » -
Business
Somalia eyes up to $30m annually in new khat tax rates
Somalia is projecting to generate close to $30 million annually from khat taxes should a proposal by Finance Ministers from…
Read More » -
Business
COVID-19 stifles access to clean energy in Somalia
When the first case of COVID-19 was reported in Somalia attention quickly turned to questions on whether the country is…
Read More » -
Business
Somalia: The dawning of a new era of oil exploration
By Africa Report Somalia will in coming years become an oil producing country and build an industry that will create…
Read More » -
Banaadir
Somalia opens first offshore licensing round
Somalia is today its first-ever offshore licensing round following the delay in May occasioned by the COVID-19 outbreak in what…
Read More » -
Business
Somalia’s debt relief process: Relevance and reform lessons
By Liban Obsiye and Abdinor Dahir ISTANBUL: Somalia must have shocked the world in the last few weeks as the…
Read More » -
Business
Solar water pumps project transforming agriculture and enhancing livelihoods in Puntland
Garowe Puntland April 13: Somalia ‘s population is predominantly rural, with close to 70 percent of its population living in…
Read More » -
Business
Paris Club writes off Somalia’s $1.4b debt
By T. Roble The Paris Club creditors which control 53% of Somalia’s external debt have agreed to cancel $1.4 billion…
Read More »