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 ...

The Covid-19 pandemic has highlighted the need to urgently address the serious and longstanding issues facing Somalia’s healthcare system following years of underinvestment and against a backdrop of ...

MOGADISHU, Somalia - The government of Somalia signed a $306 million debt relief following an agreement with the Arab Monetary Fund (AMF) in what comes after stringent reforms spearheaded by the ...

Add Yahoo as a preferred source to see more of our stories on Google. (Bloomberg) -- The US has forgiven $1.14 billion of debt owed by Somalia following a bilateral agreement between the two countries ...

MOGADISHU, Somalia - More than 30 aid agencies working in Somalia on Monday called on multilateral lenders to cancel the Horn of Africa nation's debt so that Mogadishu can access funds to create a ...

Somalia is one of the poorest countries in the world - Copyright AFP CHARLY TRIBALLEAU Somalia is one of the poorest countries in the world - Copyright AFP CHARLY ...

WASHINGTON (Reuters) - The International Monetary Fund's executive board has approved a financing plan that will help the IMF cover its share of debt relief for Somalia, IMF Managing Director ...