Minister of Planning and investment hon. Mohamud Beenebeene |Maal Magazine|[/caption Investments into Somalia have sky rocketed since the Appointment of Hon. Mohamud Abdirahman Beenebeene…
The World Bank has approved a $55 million dollar grant to support Somalia’s economic recovery through continued fiscal and other economic policy reforms. Hugh Riddell,…
Business leaders in Somalia have called on Somalis in the Diaspora to see the current economic realities in the country as good opportunities for them…
Somalia is an emerging success story, but momentum needs to be sustained The Somali foreign affairs minister, Abdusalam Omer, concurs: “Major progress has been made….
The private sector behind the boom Much of the Somali economy has been based on livestock farming, telecommunications and money transfers and remittances. The business…
).push({}); With the advantage of being located near the Arabian Peninsula, Somali traders have increasingly begun to challenge Australia’s traditional dominance over the Gulf Arab…
Mogadishu: Somali Prime Minister Omar Abdirashid Ali Sharmarke named new ministers of industry and energy, hours after the nation’s legislators approved a law to lure foreign…
Somalia’s economic growth could accelerate in the next two years if peace continues to prevail, the World Bank has said. World Bank Somalia country Representative…
the world strongest currency over the past 12 months belongs to a small, recovering African state without foreign currency reserves or any discernible monetary policy…
Evcplus is a free electronic money transfer service introduced and operated by Somalia’s biggest telecommunications company, Hormuud. It’s an easy to use tool and works…
