IMF agrees on $100 million loan deal with Somalia

File Photo/Somali Times Investing By Venkatesh Jartarkar The International Monetary Fund (IMF) has reached a staff-level agreement with Somalia for a $100 million loan, linked to economic reforms supported by a new 36-month Extended Credit Facility (ECF) arrangement, pending approval from the IMF Executive Board. The agreement was led by IMF mission chief, Laura Jaramillo,

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UK issues new terror warning for nationals in Tanzania

Harbour and city center skyline in Dar es Salaam, Tanzania. Credit Photo AFP By The East African Britain has issued a security alert for its nationals, warning of potential terrorism danger in the southern regions of Tanzania near the border with Mozambique. In an updated travel advisory for Tanzania, the UK’s Foreign, Commonwealth and Development

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Hassan Sheikh and Said Deni’s conflict has caused a severe demand from the UN

File Photo/Somali Times The new envoy of the Secretary General of the United Nations in charge of Somalia, Catriona Laing issued a new demand related to the political conflict between the federal government and the Puntland administration. Catriona called on the president Hassan Sheikh Mohamoud and the president of the Puntland administration Said Deni to

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United Nations Mission in Somalia office has been given an extension by the UN Security Council

The United Nations Security Council has extended until 31 October 2024 the duration of the United Nations Mission in Somalia (UNSOM). Resolution No. 2705, which was jointly approved by the 15 members of the Security Council, requests the office of UNSOM to continue to maintain and strengthen its presence in Somalia, and the cooperation of

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King Charles expresses “deepest regret” for Kenya colonial wrongdoings

Britain’s King Charles inspects the honour guards as he is hosted by Kenya’s President William Ruto at State House in Nairobi, Kenya October 31, 2023. Arthur Edwards/Pool via Reuters By Reuters King Charles said on Tuesday he felt the “greatest sorrow and deepest regret” for atrocities suffered by Kenyans during their struggle for independence from

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Germany and Tanzania aim to address their shared colonial past

German President Frank-Walter Steinmeier (L) and Samia Suluhu Hassan, President of Tanzania, take part in a round table with representatives of the German and Tanzanian business communities. Bernd von Jutrczenka/dpa By DPA Germany and Tanzania aim to strengthen their relations and address their shared colonial past, as agreed upon by German President Frank-Walter Steinmeier and

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US to evict Gabon, Niger, Uganda and Central African Republic from trade program

U.S. Secretary of the Treasury Janet Yellen, President Joe Biden, and Secretary of State Antony Blinken attend the U.S.-Africa Leaders Summit Closing Session on Promoting Food Security and Food Systems Resilience, at the Walter E. Washington Convention Center, in Washington, D.C., U.S. December 15, 2022. Photographer Ken Cedeno By Reuters U.S. President Joe Biden said

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‘Gaza is now hell on Earth,’ Palestine’s UN envoy tells Security Council

By Anadolu Agency “Gaza is now hell on Earth,” Palestine’s UN envoy told a Security Council emergency session on Monday. “Saving humanity from hell today means for the UN to save Palestinians in Gaza,” Riyad Mansour said in his address at the session, which was requested by the United Arab Emirates. He said 2.3 million

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President Ali Jayte affirms the issue of Hiran State remains unchanged

File Photo/Somali Times President of Hiran State in Somalia, Ali Jeyte Osman, after 24 hours, clarified his position on the new position he was appointed yesterday by the President of the Federal Government, Hassan Sheikh Mohamoud. Read: Why is Somalia an unfortunate country? Ali Jeyte was assigned to the office of President Hassan Sheikh for

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Somalia’s Puntland opposition says Deni has declared a new conflict to stay in office

Somalia opposition of the Puntland administration today issued a press release accusing the president of Puntland, Said Deni, of declaring a new conflict in order to remain in power. Read: Why is Somalia an unfortunate country? The opposition said that President Deni had a meeting with Puntland military officials and instructed them to defend his

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