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UNDP, Visa partner to boost digital transformation and financial inclusion in Somalia

MOGADISHU — The United Nations Development Programme (UNDP) in Somalia and Visa, a global leader in digital payments have signed a partnership agreement aimed at helping accelerate the implementation of the Sustainable Development Goals (SDGs) in Somalia through digital financial inclusion and digital transformation with relevant institutions in Somalia. The …

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SoDMA and RCMRD ink deal for advanced disaster management and EWS

NAIROBI — The Somali Disaster Management Agency (SoDMA) Chairman Mahamud Moallim  Abdulle and the Director-General of the Regional Centre for Mapping of Resources for Development (RCMRD) Dr. Eng. Emmanuel Nkurunziza, have signed a Memorandum of Understanding (MoU) aimed at bolstering cooperation in Disaster Management through Advanced Early Warning Systems (EWS) …

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Somalia joins global network to combat multidimensional poverty

MOGADISHU — Somalia has officially joined the Multidimensional Poverty Peer Network (MPPN), marking a significant advancement in the country’s efforts to address poverty through a more comprehensive lens. This membership comes as the National Bureau of Statistics develops its pilot Multidimensional Poverty Index (MPI), aligning Somalia with a global community …

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Somalia launches the 2nd development forum

MOGADISHU — The Deputy Prime Minister of the Federal Government of Somalia, Salah Ahmed Jama, has launched the Somali 2nd Development Forum, focusing on creating a growth and economic transformation plan for the country post-debt relief. This forum, organized by the Heritage Institute and set to last for two days, …

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Somalia forecasts 3.1% GDP growth as agriculture, livestock sectors rebound

MOGADISHU — Somalia’s economy is expected to grow by 3.1% in 2023, rebounding from a 2.4% increase in 2022. The recovery is driven by improved weather conditions and policy reforms aimed at reaching the Heavily Indebted Poor Countries (HIPC) Completion Point. The World Bank’s latest Somalia Economic Update forecasts modest …

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SoDMA convenes workshop on implementation of EWS

MOGADISHU — The Somali Disaster Management Agency has organized a crucial workshop involving officials from various government levels to focus on implementing the Early Warning Systems( EWS) for All Initiative EW4ALL to support the population in responding to potential hazards. SoDMA is committed to providing disaster management support. The workshop …

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PM Barre consultations on new transformation plan

MOGADISHU — Somali Prime Minister Hamza Abdi Barre on Wednesday launched consultations on the new National Transformation Plan (NTP), a new strategy aimed at improving governance in the country. “The plan focuses on investing in productive sectors to achieve economic growth, job creation and development opportunities,” he said during the launch …

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Minister of planning meets with USAID Somalia mission

MOGADISHU — Somali Federal Minister of Planning, Investment and Economic Development Mohamud Beenebene has on Wednesday met with USAID Somalia Mission Director Sheri Nouane Duncan-Jones. The meeting in the capital Mogadishu covered various important items including discussions on the recent developments, including the USAID portfolio review in Mogadishu, the transition …

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