CAPE TOWN (Reuters) - Somalia is planning to launch its first ever oil and gas licensing round in December, its oil minister said on Tuesday, as the frontier market looks to attract new investment after decades of civil strife.
MOGADISHU (HOL) - Somalia will reach the key debt relief threshold in February 2020, Finance Minister Abdirahman Beileh has said noting the government was putting in place measures to ensure the country meets conditions set by the World Bank and IMF.
MOGADISHU (HOL) - The World Bank today opened its country in Somalia marking a major milestone in restoration of relations with Somalia as the country inches closer to debt relief.
BELEDWEYNE (HOL) - President Mohamed Farmaajo has directed state agencies to expedite the process of developing disaster prevention plans which will provide permanent and sustainable solutions to recurrent natural disasters in the country.
MOGADISHU (HOL) - The UK is reaching out to up to 80,000 people through its existing programme to provide humanitarian supplies to communities affected by floods across Somalia, the UK ambassador Ben Fender has said.