DEVELOPMENT

MOGADISHU — To facilitate cross-border trade and provide more transparent trade information for businesses, Somalia’s Ministry of Commerce and Industry, supported by IFC, today launched a trade information portal to lower costs and simplify trade procedures for Somali importers and exporters. The portal, found at www.stip.gov.co, provides a single source …

MOGADISHU — Today marks the International Day of Micro, Small and Medium Enterprises (MSMEs). Small businesses led by women and young entrepreneurs continue to face the pandemic’s wrath economically. Lockdown measures implemented to prevent the spread of the COVID-19 virus have wreaked havoc on supply chains and resulted in a significant …

MOGADISHU — The European Union today hosted a groundbreaking ceremony to launch the Berbera Beach Development project, part of an EU-funded urban development project launched in 2020. Part of the Beach to be carried out in the coming years by Berbera and UN-Habitat. Seven months will focus mainly on inclusion …

MOGADISHU —  The EU on Tuesday launched three new projects worth €11.8 million ($14.3 million) to support the private sector in Somalia. The projects will significantly step up the EU’s engagement in Somalia as the new partnership will enable financial institutions to successfully provide relevant financing to local small- and …

MOGADISHU — Somalia’s private sector got a boost Sunday following a formal pact between the government and the World Bank’s investment division, IFC. The agreement which is a first with the World Bank body aims at supporting investment and growth in the private sector. The sector which forms the plank …

MOGADISHU — Muslima Abdirahman, a Somali mother of nine, escaped death twice in the past two years while shopping for groceries in Mogadishu, where Islamist insurgents regularly carry out suicide bombings on busy streets and markets. She shudders at the memories: “I wiped my tears with my veil and went …

HARGEISA — Somaliland President Muse Bihi Abdi has accused the United Nations of taking orders from the Somali government and are engaging in regional politics. Speaking at the Kulmiye party’s central committee meeting, which opened today, Muse Bihi said UN envoy to Somalia James Swan does not represent Somaliland, but …

MOGADISHU — Somalia has rejected what it called as unreasonable deadlines imposed by UN agencies for the country to adopt development aid plans from the global organizations. In a letter to the Office of the Representative of the UN Secretary-general to Somalia, Mr. Gamal Hassan, Somalia’s Planning, Investment, and Economic …

MOGADISHU — The Multi-Hazard Early Warning Center, which was funded and supported by King Salman Humanitarian Aid and Relief Center (KSrelief) in collaboration with the World Food Programme (WFP), started its works in the Republic of Somalia. This project aims to strengthen the work of the Somali Ministry of Humanitarian …

MOGADISHU — The Federal Government of Somalia and the International Organization for Migration (IOM) have jointly agreed to deal with challenges related to migration. The commitment was made during a meeting between Somalia’s Minister for Labor and Social Affairs, Sadik Warfa, and IOM Chief of Mission for Somalia Richard Danziger during …