Breaking News
Home / PLATFORMS / DEVELOPMENT (page 4)

DEVELOPMENT

Somalia unveils new national transformation plan

MOGADISHU — The Federal Government of Somalia has launched the National Transformation Plan (NTP) labs in Mogadishu, marking the beginning of an eight-week process that aims to redefine the country’s socio-economic landscape. The launch was graced by President Hassan Sheikh Mohamud and Prime Minister Hamza Abdi Barre, alongside a host …

Read More »

Somalia opens 7th national economic policy forum

MOGADISHU — Somalia on Monday started a two-day conference in Mogadishu, the national capital, to seek ways of sustaining its economic transformation. The Seventh National Economic Policy Forum, which was opened by Prime Minister Hamza Abdi Barre, aimed at debating and promoting the country’s economic development and investment opportunities within …

Read More »

Qatar urges int community to increase humanitarian, develop.. support for Somalia

GEVEVA —  The State of Qatar called on the international community to continue and increase the provision of humanitarian and developmental aid and technical assistance to strengthen the human rights capacity-building efforts of the Federal Republic of Somalia and implement its national and international obligations in alignment with its priorities. …

Read More »

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 …

Read More »

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) …

Read More »

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 …

Read More »

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, …

Read More »

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 …

Read More »