The federal country is on the verge of launching a licensing round that could be transformative for the country—if IOCs are convinced by improvements to the security situation The geology of offshore Somalia is proven— and fresh details attracted even more attention at Africa Oil Week in November—as the country prepares for its much-delayed first

Minister for Labor and Social Affairs seeks Turkey’s assistance to help Somalia realize its potential in agriculture An exhibition organized by Somalia and Turkey officially kicked off Sunday, attracting hundreds of participants, including business leaders from all sectors of agriculture. Among those attending was Turkish Ambassador to Somalia Mehmet Yilmaz, who said he was pleased

Britain’s Prime Minister Boris Johnson gestures during a visit to newly elected Conservative party MP for Sedgefield, Paul Howell at Sedgefield Cricket Club in County Durham, north east England on December 14, 2019, following his Conservative party’s general election victory. Lindsey Parnaby/Pool via REUTERS British Prime Minister Boris Johnson will “get Brexit done” by Jan.

Photo/Somali Times The Prime Minister of the Federal Government of Somalia, Hasan Ali Khaire, met with his Qatari counterpart, Sheikh Abdullah bin Nasser bin Khalifa Al Thani. The two prime ministers discussed strengthening bilateral relations and bilateral cooperation. Somali Prime Minister asked more aid. Somali government’s failed  in reforms, Al-Shabaab openly taxes businesses and solicits

European Central Bank President Christine Lagarde, center, speaks with Luxembourg’s Prime Minister Xavier Bettel, left, and French President Emmanuel Macron, right, during a round table meeting at an EU summit in Brussels, Friday, Dec. 13, 2019. European Union leaders are gathering Friday to discuss Britain’s departure from the bloc amid some relief that Prime Minister

A broker looks at financial information on computer screens on the IG Index trading floor in London, Britain February 6, 2018. REUTERS/Simon Dawson Britain’s election on Thursday is widely referred to as the most important in a generation given the impact it will have on the country leaving the European Union and choosing between starkly

Credit: Anadolu Agency Turkey will consider requesting the U.S. to withdraw from Incirlik Air Base if Washington imposes sanctions on Ankara, Foreign Minister Mevlüt Çavuşoğlu said Wednesday. In an exclusive interview on A Haber news channel, Çavuşoğlu highlighted that Turkey will consider all options if the U.S. imposes sanctions in response to the purchase of

Photo/Somali Times When Somali Finance Minister Abdirahman Duale Beileh visited Washington for the annual meeting of the World Bank and International Monetary Fund earlier this fall, he was all smiles. “Things are looking up. Everybody was positive,” he said, claiming progress in Somalia’s goal to win nearly $5 billion in debt relief. That debt includes

The European Union has announced a €170 million aid package to support Ethiopia’s economic reform, health, elections and climate change. Newly elected EU Commission president Ursula von der Leyen announced the support to the Horn of African nation Saturday during a first visit to Ethiopia and outside Europe since her election last month. The EU

Prince Abdulaziz bin Salman Al-Saud, Minister of Energy of Saudi Arabia, arrives for a meeting of the Organization of the Petroleum Exporting Countries, OPEC at their headquarters in Vienna, Austria, Thursday, Dec. 5, 2019. (AP Photo/Ronald Zak) The countries that make up the OPEC oil-producing cartel are meeting Thursday to decide whether to cut down