Turkey and Somalia on Friday signed a pact to boost their strategic economic partnership. “We wish to deepen relations with Somalia. Turkey’s investment in Somalia stands at over $100 million,” Turkish Deputy Prime Minister Recep Akdag told a signing ceremony alongside his Somali counterpart Mahdi Mohammed Gulaid. “This figure forms a foundation to prompt bigger

Ministry of Foreign Affairs’ Secretary-General Dr Ahmed bin Hassan al-Hammadi met yesterday with Somalia’s Minister of Planning, Investment and Economic Development Jamal Mohamed Hassan. During the meeting, they discussed bilateral relations and ways of developing them, in addition to matters of common concern $200m worth of projects in the fields of infrastructure, education, economic empowerment,

The Chinese-built 756-km electrified rail project connecting landlocked Ethiopia to Djibouti officially started commercial operations on Monday with a ceremony held in Ethiopia’s capital Addis Ababa. Contracted by two Chinese companies, the first 320 km of the rail project from Sebeta to Mieso was carried out by the China Rail Engineering Corporation while the remaining

Mogadishu Minister of Finance of the Federal Republic of Somalia,  Abdirahman Duale Beyle and Head of Norwegian Refugee Council in Somalia,Barnaba Asarg signed an agreement of 2.7 Million U.S dollars to help people affected by the droughts and Water shortage in Some parts in the country, I have received officials from Norwegian Refugee Council at

President Recep Tayyip Erdoğan arrived in Sudan on Sunday marking the first time a Turkish president visited the country. Erdoğan was greeted at the Khartoum International Airport by his Sudanese counterpart Omar al-Bashir. Speaking to reporters at Esenboğa Airport in Ankara ahead of his Africa tour, Erdoğan said Turkey aims to further strengthen cooperation with

Kismayo Finance Minister of Somali Federal Government Hon. Abdirahman Du’ale Beyle opened discussion conference attended by finance deputy minister of the federal government, finance ministers of federal member states plus respective delegations invited by the ministry. The forum agendas include; Ways to unit system of taxes collection of the federal government and federal member states,

implementation under the Staff Monitored Program in a difficult environment. IMF staff supports the authorities’ corrective measures to prevent a shortfall in domestic reIMF welcomes the Somali authorities’ strong commitment to policy and reform venue and improve domestic revenue mobilization. An International Monetary Fund team led by Mohamad Elhage visited Nairobi, Kenya during December to

The Africa economic development planning, interaction and investment forum of African countries opened at Sharma-sheikh in Egypt. Somali Federal Government Delegation led by H.E President Mohamed Abdullahi Mohamed Farmajo will contribute a good idea according to the economic opportunities in Somalia.The president and his delegation has been well received in Sharma-sheikh with Somali Embassy diplomats

The project which installs for the first time in over 30 years was signed by the Somali Gov’t and its US. partner , according to a statement by the US  reads. Somalia Prime Minister, Hassan Ali Kheire, ministers of Planning and Finance Gamal Mohamed and Abdirahman Dualeh Beileh, usa assistant Administrator for Africa  Julie Koenen and US Charge

Code of Conduct – the instrument developed and adopted by countries in the Western Indian Ocean and Gulf of Aden that has been a key factor in repressing piracy and armed robbery against ships operating in that region. The Amendment significantly broadened the scope of the Djibouti Code when it was adopted at a high-level