Somalia is among the countries most vulnerable to climate shocks, including recurring droughts, floods and extreme weather events.

MOGADISHU, Somalia - The digital revolution in the banking system would significantly boost Somalia’s socio-economic fortunes at the time the country is undergoing massive economic recovery, ...

WASHINGTON (Reuters) - Somalia's 2-million strong diaspora has a huge role to play as the Horn of Africa country rebuilds its economy and resets ties with major international institutions after three ...

In the sun-scorched lands of Somalia, farmers and livestock keepers have grown accustomed to the extremes of climate. In 2022, for example, the country suffered the longest drought in 40 years. This ...

When Somalia secured debt relief under the Highly Indebted Poor Countries (HIPC) Initiative last December, it completed a feat once deemed impossible. After years of conflict, Mogadishu had finally ...

Salaam Somali Bank, which is a leading privately-owned bank in Somalia is brilliantly contributing to the country’s economic growth by providing free microfinance funds to develop small businesses. On ...

In recent years, there are many piracy acts off the coast of Somalia and the case where ransom is paid is not followed. It is a pirate who is told that "to earn foreign currency" to move the Somalia ...