Somalia

IMF, World Bank Approve Historic $4.5 Billion Debt Relief for Somalia

IMF, World Bank Approve Historic $4.5 Billion Debt Relief for Somalia

The International Monetary Fund (IMF) and World Bank have approved $4.5 billion in debt forgiveness for Somalia.


Somali PM appeals to U.S. banks to resume money transfer services

Somalia's prime minister urged the U.S. government and U.S. banks to support money transfer firms that offer a lifeline for many in the war-torn Horn of Africa nation.

Somalia says reviewing oil deals U.N. says lack transparency

Somalia said it was reviewing several oil and gas deals that U.N. investigators say lack transparency and risk hindering development of the country's energy industry.


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