On September 25, the World Bank announced it was authorizing $80 million in loans to support public finance needs in the country.
Somalia Tender and Business News
Over 60 percent of the 1.2 billion people who live in Sub-Saharan Africa are under 25. This puts major pressure on creating solid job opportunities for each of them. The Food and Agriculture Organization reviews a number of the opportunities it is working on to help youth not just be employed, but help build the economies of the future.
EXX Africa, a business risk intelligence services provider for Africa, just published a special report on the state of illegal arms trading along the Horn of Africa.
An $8 billion project to transform the landscape of Africa and restore drought-stricken areas has started and yet most of the world does not know of it. It is the Great Green Wall for the Sahara and Sahel Initiative, and involves the planting of a wall of trees over 7,600 kilometers long.
Uppsala University of Sweden has been developing simulation models intended to help forecast where largescale political violence might emerge anywhere. The model is called ViEWS, a political Violence Early-Warning System. On June 7, it released its first public forecast for the African continent.
On May 28, the African Development Bank held a special signing ceremony in honor of Italy's new contribution of €1 million to the Somalia Infrastructure Fund (SIF).
Somalia is establishing its first Internet Exchange Point (IXP) in Mogadishu (MogIX). The IXP is being set up in conjunction with the Ministry of Post, Telecom and Technology.
Ireland just pledged €3 million to deal with Somalia's severe humanitarian crisis.
A new program, "Say No to Famine -- Short-Term Regional Emergency Response Project (STRERP)" was just launched to fight food shortage and hunger in Somalia.
April 26, International Girls in ICT Day, was celebrated in Mogadishu with a new program aimed at getting more women into Somalia's ICT Industry.
Applications are now open for the latest round of Somali startup-space pioneer Innovate Ventures'(www.Innovate.so) at its tech accelerator in Hargeisa.
On 9 May 2018, the “World on the Horizon: Swahili Arts Across the Indian Ocean” will be opening at the Smithsonian’s National Museum of African Art in Washington, D.C. to reveal the diverse interchanges that break down barriers between Africa and Asia.
Africa's growing population and rising youth unemployment are, according to the African Development Bank and its East and North African Governors, a "ticking time bomb" which will require urgent measures to alleviate.
The German Federal Ministry for Economic Cooperation and Development (BMZ) announced a EUR50 million-commitment for a joint United Nations World Food Programme (WFP) and UNICEF program.
The President of the Republic of Uganda, H.E. Gen (Rtd) Yoweri Kaguta Museveni announced the convening of a Summit of Troop Contributing Countries (TCCs) of the African Union Mission in Somalia (AMISOM) on 2 March 2018 at the Speke Resort, Munyonyo.
Somalia and Djibouti have announced a conference for the telecom operators of Somalia, Djibouti Telecom, and Government in Mogadishu by 2018 March to discuss their collaboration in the Djibouti African Regional Express (DARE) project.
As a part of the African Union (AU) initiative, the International Air Transport Association (IATA) has announced the launching of the Single African Air Transport Market (SAATM) with the goal of opening up Africa's skies and improving intra-African air connectivity.
Sweden has announced its investment of over SEK 800 million to the 'Strategy for Sweden'’s regional development cooperation in sub-Saharan Africa.
Dalkom Somalia has installed an iDirect Hub to provide high-speed satellite connectivity in Somalia. VT iDirect, Inc. (iDirect), a company of Vision Technologies Systems, Inc., is supplying the solution for Dalkom.
The African Development Bank's Board of Directors recently signed off on the Bank's Somalia Country Brief 2017-2020 plan. This is the plan which the bank will be using to help reinforce the country's institutions and critical infrastructures.
The ancient trading port of Berbera, lying on the Gulf of Aden opposite Yemen and steeped in history, would be a shoo-in candidate for becoming a UNESCO World Heritage Site except for two problems. It's part of Somaliland, which means or most of the world it is still viewed as part of Somalia. It is also crumbling so fast that there soon may be nothing for UNESCO to consider.
Somalia's famine between the years 2010 and 2012 killed more than 250,000 people in the country. One of that period's hard-won lessons was that sometimes the best aid to help the country is not food -- but just cash -- so locals can determine the best solution for each area.
The VC4A Startup Academy, an online self-learning tool, now offers African entrepreneurs and investors direct access to individual mentors who can help those launching new businesses in the region.
Voice of America was the winner of he 2017 Cowan Award for Humanitarian Reporting, for its wide-ranging multimedia project, "Hunger Across Africa", with first-hand reports from the areas most affected by widespread famine and drought in the continent.
After a four-day official visit by H.E. Abdi Ashur Hassan, Somalia's Minister of Post, Telecommunications and Technology, to Djibouti, the Somali minister and H.E. Abadi Youssouf Sougeh, Djibouti's counterpart, have issued a joint statement on plans for cooperation between the two countries on telecom issues.