Ammon News - US cancels $1.1bn of Somalia’s debt in ‘historic’ financial agreement Commitment by Mogadishu’s largest single ...

The US has written off more than $1.1 billion of Somalia’s debt, signalling Mogadishu’s continued wins in the international ...

The office of Somalia’s prime minister, Hamza Abdi Barre, announced the decision on April 4, citing reasons similar to those ...

In a move to bolster Somalia's economic recovery and stability, the United States has forgiven $1.14 billion in debt owed by Somalia. The debt cancellation, announced by US Ambassador to Somalia ...

The announcement is the result of a deal between the two countries signed by Somalia’s finance minister and the US ambassador ...

A convergence of extreme climate-induced weather events rising food prices conflicts and inadequate funding for humanitarian aid have pushed Somali ...

The International Monetary Fund (IMF) said it has reached a staff-level agreement with Somalia on the second review under the ...

MOGADISHU, Somalia (AP) — Voting was underway Wednesday in Somalia’s breakaway region of Somaliland in a key presidential election that was delayed for two years and comes as the Horn of Africa region ...

is concerned by the number of people facing crisis levels of hunger in Somalia which is expected to rise from 3.6 million to 4.4 million between October and December this year. The upcoming La Niña ...

The projects are aimed at safeguarding food security in areas affected by climate change-driven conflict and displacement.