Somalia's Deputy Prime Minister Salah Jama, Central Bank Governor Abdirahman Mohamed, Nira Director General Tima'adde and other ministers pose for a photo after signing of the partnership agreement.

NAIROBI, June 30, 2025—Somalia’s economy continued its overall strong performance in 2024, with growth at 4.0 percent supported by improved performance of agriculture, enhanced private consumption ...

Somalia's lower house of parliament on Saturday approved a bill establishing a national payment system aimed at modernising financial transactions in the Horn of Africa nation, while also holding the ...

Mogadishu, Sep. 30 (BNA): His Excellency Hassan Sheikh Mohamud, President of the Federal Republic of Somalia, said that Somalia will begin drilling its first oil well in the coming months, and develop ...

Somalia’s economic growth is forecast to contract significantly due to the negative impacts of COVID-19 (coronavirus), the locust infestation and extreme flooding. The economy is projected to contract ...

ANKARA — Turkey will help Somalia develop its maritime security under a defense cooperation deal signed in Ankara earlier this month, the Turkish Defense Ministry said on Thursday. “Upon Somalia’s ...

ANKARA, Feb 22 (Reuters) - Turkey will provide maritime security support to Somalia to help the African country defend its territorial waters, an official from the Turkish defence ministry said on ...

MOGADISHU, Somalia - The Federal Republic of Somalia has launched the National Identification System, a programme if well implemented, will solve the identity problem in the country, besides boosting ...