In a significant milestone for the country's future, Prime Minister Hamza Abdi Barre officially launched Somalia's National Transformation Plan (NTP) 2025-2029 today in Mogadishu.This comprehensive ...

A Somali official explains how a show of national ownership, open communication and rare unity has brought an unlikely IMF ...

Prime Minister H.E. Hamza Abdi Barre officially launched the National Transformation Plan (NTP) 2025-2029 today in Mogadishu, marking a significant milestone in Somalia's path toward economic growth ...

For Somalia, a country still navigating the complexities of statehood after three decades of conflict the allure of such ...

Somalia has a population of more than 19 million ... and killed livestock - both of which make up the backbone of the economy. Decades of conflict and insecurity have also contributed to food ...

At their peak in 2011, piracy incidents off the coast of Somalia reached a record high of 237, costing the global economy $7 billion that year, according to one report. More than 3,863 seafarers ...

The time to step up is now” for the people of Somalia, where drought threatens 1.7 million young children at risk of ...

FX Empire's Economic Calendar offers a global perspective on financial events and economic indicators, with updates as new data becomes available. It is designed to provide a general overview for ...

The European Union (EU) has announced substantial financial support for Somalia, amounting to over $10.7 million, following ...

The donor countries, particularly Britain and Denmark, are putting political pressure on the SSCK interim administration to ...

Maritime security and governance are already becoming central to Somalia’s diplomatic and economic engagements and ambitions. The government of Somalia also recently unveiled an ambitious plan to ...

From left: Somalia's Minister of Planning, Investment and Economic Development Mohamud Abdirahman Farah (signing a visitors book) flanked by Kenya's Cabinet Secretary Ministry of Investments ...