tagresults

30-10-2014 22:52:00 | by: Administrator | hits: 23479848 | Tags:

FAO pledges to scale up direct use of digital financial transfers
26-02-2021 | 07:11:45
In another step towards creating a "digital FAO", the Food and Agriculture Organization of the United Nations is committing to increasing by 50 percent its delivery of digital financial transfers and vouchers to beneficiaries.
FAO welcomes €40m from Germany to help farmers withstand shocks and extreme climate events
09-02-2021 | 09:13:00
The Food and Agriculture Organization of the United Nations (FAO) welcomed a €40 million contribution from Germany to help farmers and fishers withstand threats like COVID-19 and extreme climate events.
Africa Enterprise Challenge Fund launches $8.5Million Grant to support Clean Energy startups in Somalia
21-12-2020 | 11:09:00
The Africa Enterprise Challenge Fund (AECF) has launched an $8.5 million grant facility to support renewable energy startups in Somalia and Somaliland.
AECF launches $8.5m grant to support clean energy businesses in Somalia
15-12-2020 | 06:47:00
The Africa Enterprise Challenge Fund (AECF) launched a $ 8.5 million grant facility to support adoption and diversification of renewable energy solutions in the Somalia and Somaliland.
IFC, Somalia sign agreements to strengthen private sector growth, encourage investment
16-11-2020 | 14:06:00
IFC, a member of the World Bank Group, has signed its first formal agreements with the Federal Government of Somalia to support the country's goal to strengthen its private sector, attract investment, improve public services, and create jobs.
EU provides additional €17.2m to support health systems in Somalia, Sudan and South Sudan
10-11-2020 | 07:15:00
The European Union has approved an additional €17.2 million through the EU Emergency Trust Fund for Africa (EUTF) to support coronavirus preparedness in Somalia, Sudan and South Sudan.
World Bank appoints Keith Hansen as New Country Director for Kenya, Rwanda, Somalia and Uganda
07-09-2020 | 14:54:00
The World Bank has appointed Mr. Keith Hansen as the new Country Director for Kenya, Rwanda, Somalia, and Uganda effective September 8, 2020.
Canada supports UNFPA Somalia on Strengthening Sexual and Reproductive Health and Rights initiative
28-08-2020 | 14:15:37
The Government of Canada has provided CAD$ 11 million to support the Government of Somalia, through UNFPA, on a new initiative on Strengthening Sexual and Reproductive Health and Rights.
Sombank selects Temenos cloud-native technology for digital Islamic banking services in Somalia
13-08-2020 | 08:39:00
Temenos announced that Sombank has selected the Temenos Islamic Banking solution in the cloud to accelerate its digital transformation and create innovative products to increase access to financial services in Somalia.
Irrigation cooperatives empower Ethiopia and Somalia communities to combat climate extremes
12-08-2020 | 06:07:00
Long lasting environmental degradation, scarcity of water and grasslands are causing friction between host and refugee communities in the Dolo Ado woreda of the Somali region in Ethiopia.
Team Europe supports Somalia with three EU Humanitarian Air Bridge flights
07-07-2020 | 10:29:33
An EU Humanitarian Air Bridge flight arrived in Mogadishu from Brindisi, Italy, carrying humanitarian and medical supplies provided by the Italian Ministry of Foreign Affairs and International Cooperation.
WorldRemit launches remittance service in Somalia
07-07-2020 | 07:54:27
WorldRemit, the global online money transfer service has announced the launch of its remittance services in Somalia.
World Bank approves $40 million emergency financing to support Somalia’s Desert Locust response
30-06-2020 | 07:20:00
The World Bank approved a $40 million International Development Assistance (IDA) grant for Somalia as part of the Emergency Locust Response Program, which seeks to respond to the threat posed by the locust outbreak.
World Bank approves $55 million to sustain Somalia’s reforms and fiscal response to multiple crises
24-06-2020 | 07:02:00
The World Bank Board of Directors has approved a $55 million International Development Assistance (IDA) grant to support Somalia’s economic recovery.
EU mobilises €3 million in emergency assistance for floods in East Africa
02-06-2020 | 07:24:00
The EU has mobilised €3 million in emergency assistance to countries in East Africa that have been hit by heavy rainfall over the past weeks, triggering devastating landslides and floods.
World Bank approves $137.5 million for Somalia’s response to COVID-19, floods and drought
18-05-2020 | 07:30:00
The World Bank approved a $137.5 million International Development Association (IDA) grant to help Somalia respond to and recover from multiple, ongoing, and overlapping crises.
Somalia’s internal revenue mobilization galvanised by UA 5.5 million grant from African Development Bank
11-05-2020 | 13:04:00
The Federal Republic of Somalia (FGS) revenue mobilization strategy received a boost with a UA 5.5 million grant from the African Development Bank.
Oxfam, partners raise alarm over Somali remittance lifeline
30-04-2020 | 09:17:00
Oxfam International, together with over 100 NGOs, activists, and academics, raised an alarm regarding the plummeting Somali remittances amid the COVID-19 crisis.
Japan contributes $7.5 million to help fight locust swarms in East Africa
07-04-2020 | 07:36:00
The World Food Programme (WFP) welcomed a contribution of US$7.5 million from the Government of Japan to help support vulnerable people in three East African countries hit by locust swarms feeding off crops.
AfDB approves $1.5 million emergency grant to curb desert locusts ravaging East and Horn of Africa
03-04-2020 | 08:45:00
The African Development Bank (AfDB) approved a $1.5 million emergency relief grant to assist nine countries in the East and Horn of Africa on the control of swarms of desert locusts.
New dawn for Somalia as arrears owed to the African Development Bank Group cleared
26-03-2020 | 08:21:00
Arrears on loans owed by Somalia to the African Development Bank Group have been cleared following the payment in full of $122.55 million by the governments of the United Kingdom and the European Union.
Somalia clears arrears to World Bank
06-03-2020 | 06:53:00
The Federal Government of Somalia has cleared its arrears to the International Development Association (IDA), completing the process of normalizing its financial relationship with the World Bank Group.
Shell, ExxonMobil JV agrees on initial roadmap for exploration and development, offshore Somalia
03-03-2020 | 14:17:00
The Ministry of Petroleum and Mineral Resources of Somalia has agreed on an initial roadmap with the Shell, ExxonMobil Joint Venture towards the exploration and development of certain offshore hydrocarbon blocks.
Somalia, African Development Bank Group sign agreement for arrears clearance support
03-03-2020 | 08:42:00
Somalia and the African Development Bank signed a $122.55 million grant agreement to advance Somalia’s national development agenda, consolidate peace and ensure inclusive economic growth and poverty reduction.
Somalia to reestablish financial relations with the World Bank after 30 years
28-02-2020 | 07:25:00
The World Bank Group Board of Executive Directors has moved toward normalizing its relations with the Federal Government of Somalia (FGS) after thirty years.
Somalia to reestablish financial relations with World Bank after 30 years
28-02-2020 | 07:05:00
The World Bank Group Board of Executive Directors moved toward normalizing its relations with the Federal Government of Somalia (FGS) after thirty years.
United States announces $8 million to locust control operations in East Africa
20-02-2020 | 14:35:00
In response to the outbreak of desert locusts in East Africa, the United States, through the USAID, will be providing $8 million in humanitarian assistance to support regional operations to control locusts.
Africa Solidarity Trust Fund donates $1 million to combat Desert Locust in East Africa
10-02-2020 | 09:50:00
The Africa Solidarity Trust Fund (ASTF) has donated $1 million to the Food and Agriculture Organization (FAO) of the United Nations to combat the worsening Desert Locust upsurge in the Horn of Africa.
Alarm over Desert Locusts increases as new generation starts breeding in Horn of Africa
30-01-2020 | 08:28:00
The UN Food and Agriculture Organization (FAO) warned that the rising numbers of Desert Locusts present an extremely alarming and unprecedented threat to food security and livelihoods in the Horn of Africa.
Massive, border-spanning campaign needed to combat Locust upsurge in East Africa, FAO
23-01-2020 | 06:36:00
Desert Locust swarms in Ethiopia, Kenya and Somalia, already unprecedented in their size and destructive potential, could swell exponentially and spill over into more countries in East Africa.
Djibouti Telecom, Somtel, Telkom Kenya and SubCom begin installation of DARE1 submarine cable
22-01-2020 | 11:03:00
Djibouti Telecom, Somtel, Telkom Kenya and SubCom have announced the landing of the Djibouti Africa Regional Express 1 (DARE1) submarine cable system at La Siesta Beach – Djibouti.
Somalia’s telecom industry flourishes amidst disruptions
08-01-2020 | 07:03:00
Somalia's telecom market has been sustained despite tremendous difficulties.
Djibouti Telecom, Somtel, Telkom Kenya and SubCom complete manufacture of DARE1 submarine cable
06-12-2019 | 09:10:00
Djibouti Telecom, Somtel, Telkom Kenya and SubCom have announced that all manufacturing aspects for the Djibouti Africa Regional Express 1 (DARE1) submarine cable system are complete.
IITA, eight CGIAR centers to provide support in rebuilding Somalia’s agriculture sector
28-11-2019 | 09:10:00
IITA and eight other CGIAR centers have met with officials from the Government of Somalia and several agriculture development partners to put together a plan to rehabilitate Somalia’s agricultural sector.
Horn of Africa countries launch regional initiative to forge closer economic ties, strengthen political climate
06-11-2019 | 10:17:00
Five Horn of Africa countries have launched an initiative to forge closer economic ties, building on the improving political climate in the sub-region.
CGIAR and Somali officials in deal to support agricultural development in Somalia
24-10-2019 | 09:14:00
Agricultural development in Somalia—an important commercial centre in antiquity that in 1991 became stateless and suffered more than two decades of conflict and, more recently, devastating drought—is back.
[Somalia] USAID announces $257 million in humanitarian aid
03-10-2019 | 07:56:54
The U.S. Government is providing nearly $257 million in additional humanitarian assistance in Fiscal Year (FY) 2019 to help the people of the Federal Republic of Somalia in Mogadishu.
Netherlands donates $28 million to build more resilient food systems in Somalia, South Sudan and Sudan
24-09-2019 | 11:08:00
The Kingdom of the Netherlands has contributed $28 million to back FAO's work to boost the resilience of food systems in Somalia, Sudan, and South Sudan.
Finland contributes additional funds to Somalia Multi-Partner Fund
24-09-2019 | 06:42:38
The Ministry for Foreign Affairs of Finland has made an additional contribution of EUR 8.1 million ($8.9 million) to the Somalia Multi-Partner Trust Fund (MPF), administered by the World Bank.
United Nations and World Bank Group call for sustained funding to relieve suffering in Somalia
13-09-2019 | 11:13:14
Under-Secretary-General (USG) for Humanitarian Affairs and Emergency Relief Coordinator Mark Lowcock has called for sustained funding to protect recent gains made in beating back hunger in Somalia.
Hyundai ventures into Somaliland
12-09-2019 | 13:30:46
South Korean car manufacturer Hyundai is the latest multinational company to venture into the Horn of Africa via Somaliland.
[Somalia] Boosting education outcomes is critical for sustained and inclusive growth, World Bank
05-09-2019 | 06:14:00
Improving education outcomes of the younger generation is key for enhancing productivity, sustaining economic recovery, boosting inclusive growth and promoting poverty reduction in Somalia.
FAO warns of Desert Locust outbreaks in Yemen and the Horn of Africa
30-07-2019 | 07:09:01
Desert Locust summer breeding, amplified by heavy rains, can pose a serious threat to agricultural production areas of Yemen, Sudan, Eritrea and parts of Ethiopia and northern Somalia during the next three months, FAO warns.
Ethiopian Airlines to launch flight to Garowe, Somalia
01-07-2019 | 06:46:25
Ethiopian Airlines Group will launch its flight to Garowe, Somalia, via Bossaso, Somalia effective 15 July 2019.
[Interview] Adan Abbey, President, Horn of Africa Insurance, Somalia
19-06-2019 | 13:05:28
Adan Abbey is the President of Horn of Africa Insurance that serves the Somaliland and Somalia market.
Visa collaborates with IBS Bank Somalia to drive payments inclusion
19-06-2019 | 10:50:00
IBS Bank has today announced a partnership with Visa to deepen its payments services in Somalia by going live with its acquiring business on the Visa platform.
UK invests in renewable energy in Somaliland to address high costs of electricity
01-05-2019 | 06:38:00
The UK-funded Energy Security and Resource Efficiency in Somaliland (ESRES) programme is giving more people across Somaliland access to affordable, clean and renewable energy.
AfDB Multi-Partner Somalia Infrastructure Fund to receive €1 million from Italy
21-03-2019 | 07:19:00
The Italian Government has signed an agreement for an additional €1 million contribution to the AfDB Multi-Partner Somalia Infrastructure Fund.
Somalia launches national micronutrient survey
17-01-2019 | 06:32:16
The Ministry of Health and Human services of the Federal Government of Somalia has launched the Somali National Micronutrient Survey together with UNICEF.
Somalia seeks to invest in COMESA region
14-01-2019 | 07:30:09
Charge d’Affaires at the Embassy of Somalia in Lusaka, Mr Ahmed Abdirahman Sheikh Nur has revealed that the his country is looking for areas to invest in within the COMESA region.
International bankers, tech companies target African entrepreneurs with blockchain initiative
24-10-2018 | 09:10:14
A consortium of international bankers, Papersoft Africa, and Digital Transformation company iVEDiX have teamed up to launch a transformative blockchain and digital currency initiative.
Ethiopian Airlines to restart service to Mogadishu
22-10-2018 | 07:16:34
Ethiopian Airlines has announced that the airline will resume its flight to Mogadishu, Somalia, effective November 2, 2018.
DP begins construction of Berbera port in Somaliland
12-10-2018 | 11:32:32
Construction work on the development of the multi-purpose Berbera port in the Republic of Somaliland has started with a special ground-breaking ceremony to mark the occasion.
Vibrant mobile money market drives Somalia’s economy
13-09-2018 | 13:32:44
Somalia’s economy is projected to grow at an annual rate of 3–4 percent, according to the third Somalia Economic Update (SEU) published by the World Bank.
World Bank launches $9 million infrastructure project in Somalia
07-09-2018 | 12:50:00
The Federal Government of Somalia and the World Bank have launched the flagship infrastructure project in Somalia.
Somalia, Eritrea and Ethiopia seek economic integration
07-09-2018 | 06:10:00
The president of the Federal Republic of Somalia Mohamed Abdullahi Farmajo is leading efforts to consolidate gains made at the Forum on China-Africa Cooperation by facilitating the prospect of a tripartite agreement.
Somali President tours Huawei's Executive Briefing Center in Beijing
04-09-2018 | 06:52:32
As part of his visit to China on the sidelines of the FOCAC Summit, President of the Federal Republic of Somalia H.E Mohamed Abdullahi Farmajo visited Huawei's Beijing Executive Briefing Center and met with Yi Xiang, Senior Vice President at Huawei.
Tunisia, Somalia join COMESA
20-07-2018 | 09:01:00
The membership COMESA has risen to 21 following the admission of Tunisia and Somalia at the 20th Summit of the Heads of State and Government in Lusaka, Zambia.
Italy commits $1.2 million to the Somalia Infrastructure Fund
31-05-2018 | 06:13:00
The African Development Bank has participated in a signing ceremony that occasioned Italy’s contribution of €1 million to the Somalia Infrastructure Fund.
Somalia to establish first Internet Exchange Point, allowing ISPs exchange internet traffic locally
17-05-2018 | 15:07:24
Ministry of Post, Telecom and Technology is facilitating the establishment of Somalia’s first Internet Exchange Point in Mogadishu.
Somalia bans the export of charcoal
08-05-2018 | 15:25:00
Somalia calls for international cooperation to stop the illegal charcoal trade. Over 80 percent of charcoal produced in Somalia is exported to the Gulf States and neighbouring countries.
Mogadishu Hosts International Conference to Stop Illegal Charcoal Trade
27-04-2018 | 16:35:00
8.2 million trees were cut down for charcoal in Somalia between 2011 and 2017, increasing land degradation and food insecurity. Illegal trade in charcoal acts as a major source of funding for militias and terrorist groups such as Al Shabaab, who illegally tax exports.
Somalia targets girls in new ICT initiative
27-04-2018 | 07:00:38
Somalia has celebrated this year’s Girls in ICT day with the launch of an initiative to create gender parity in Somalia’s ICT industry.
African Development Bank launches “Say No to Famine” project in Somalia
25-04-2018 | 06:48:00
The African Development Bank has launched the Say No to Famine – Short-Term Regional Emergency Response Project, STRERP, for Somalia.
Somaliland among the first beneficiaries of the 50 Clean Energy Projects initiative by ImpactPPA and Earth Day Network
23-04-2018 | 10:53:00
Decentralized renewable energy company ImpactPPA and Earth Day Network have announced an initiative to install clean energy systems at 50 facilities by 2020.
Germany invests $32 million towards urban resilience in Somalia
24-01-2018 | 08:48:00
The German Government announced its commitment of EUR 23.4 million to support infrastructure work in Somalia.
Central Bank of Somalia and Somali Financial Institutions work to modernize banking sector
19-01-2018 | 11:27:14
The Central Bank of Somalia and Somali Financial Institutions are taking crucial steps to modernize national payments systems.
Dalkom Somalia launches iDirect Network to expand satellite connectivity in Somalia
08-01-2018 | 07:01:22
VT iDirect, Inc.a company of Vision Technologies Systems, Inc. has announced that Dalkom Somalia has installed an iDirect Hub and will leverage iDirect’s series remotes to provide high-speed satellite connectivity in Somalia.
Somali regains control of its airspace after 27 years
02-01-2018 | 08:07:00
The federal government of Somalia officially has taken over the control of its airspace and launched the opening ceremony of the airspace control tower at Aden Abdulle International Airport in Mogadishu last Thursday.
Mazda Southern Africa launches Mazda Foundation
04-12-2017 | 14:05:10
Mazda Southern Africa has launched the Mazda Southern Africa Foundation Non Profit Company.
AfDB and IsDB partner to boost agriculture and fight drought in Nigeria, Somalia and Uganda
21-11-2017 | 11:31:00
A joint initiative of the African Development Bank (AfDB) and the Islamic Development Bank (IsDB) will boost agriculture value chains and enhance drought resilience in Nigeria, Somalia and Uganda.
Tanzania, Djibouti, Somali among new destinations for Emirates and flydubai
15-11-2017 | 05:36:39
Building on the success of the initial phase of their partnership, Emirates and flydubai have announced 16 additional destinations to which Emirates’ passengers will be able travel on a single ticket.
Somali Accelerator graduates cohort of startups, gives $30,000 in investment at Demo Day
09-11-2017 | 08:09:00
Innovate Ventures, the Somali tech and business startup accelerator launched in partnership with VC4A, Telesom and the Work in Progress! Alliance, had their second cohort of 10 startups from Somaliland and Somalia graduate from their programme.
DP World to develop economic free zone in Somaliland
08-11-2017 | 07:45:00
Global trade enabler DP World will develop a greenfield economic free zone in Somaliland to complement the development of the Port of Berbera, which has seen record container volumes under DP World management.
Somaliland launches flagship job creation programme
02-11-2017 | 05:40:48
Authorities in Somaliland, along with the World Bank, have launched the first round of funding in the Bank’s flagship job creation program, the Somali Business Catalytic Fund (SBCF).
Leonardo forays into Africa with provision of air traffic control systems in Somalia and Sudan
25-10-2017 | 12:04:00
Global aviation technology company Leonardo has strengthened its presence in Africa in the field of air traffic control with the signing of two agreements to provide ATC systems in Somalia and Sudan.
World Bank launches Somali poverty profile, first comprehensive snapshot of welfare conditions
06-10-2017 | 13:00:00
World Bank has launched a comprehensive analysis of the welfare conditions of the Somali population
Janus Global Operations to provide security for EU agency building Somalia maritime security
05-10-2017 | 14:00:00
Janus Global Operations has been selected to provide risk management and security for the European Union organization working to help build maritime civilian law enforcement in Somalia.
UNDP bets on solar lanterns to light up Somali businesses and homes
14-09-2017 | 09:00:00
The United Nations Development Programme (UNDP) has handed over 600 solar powered lanterns to Somalia’s Federal Ministry for Humanitarian Affairs and Disaster Management.
Somalia approves the National Communications Act
21-08-2017 | 14:15:11
The Upper House of Somalia's parliament has passed the National Communications Act, which was earlier passed by the National Assembly on August 9, 2017.
[Somalia] Electro Power Systems integrate wind energy to existing microgrid to meet growing power demand
03-08-2017 | 09:33:32
Extension of microgrids in Somalia’s north eastern town of Garowe is currently on-line, Electro Power Systems S.A, technology pioneer in energy storage systems and microgrids, has said.
Somalia economy projected to grow at of 5-7% over medium term
03-08-2017 | 08:48:52
Somalia’s economy is projected to grow at a steady, nominal annual rate of 5% to 7% over the medium-term, according to the second Somalia Economic Update to be published by the World Bank Group. "
African Property Group launches real estate marketplace websites in eight African markets
22-06-2017 | 09:03:00
African Property Group is launching eight new websites in emerging African nations that will allow the populations to search for properties, using their computers or mobile phones.
[Somaliland] Air Arabia set to fly directly to Hargeisa
16-06-2017 | 13:34:00
Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier (LCC) has announced that Hargeisa will be the newest African destination added to its growing international network.
World Bank Group supports public private dialogue to spur economic recovery in Somalia
24-05-2017 | 11:05:18
The Somali government and high level business actors have endorsed a Public-Private Cooperation Agreement to Accelerate Somalia’s Economic Recovery.
DP World in a $442 million investment to develop Port of Berbera, Somaliland
15-05-2017 | 11:46:21
Global trade enabler DP World has celebrated its 30-year port concession for the management and development of a multipurpose port project at Berbera, Republic of Somaliland which started on 2 March 2017.
Innovate Ventures Re-Runs Successful Tech Accelerator for Somali Startups
25-04-2017 | 05:17:49
Innovate Ventures is running for a second year their highly successful tech start-up accelerator – The Innovate Accelerator.
Djibouti Shipping Lines set to launch Djibouti- Somaliland container shuttle service
28-03-2017 | 13:17:46
New carrier Djibouti Shipping Lines (DSL) is planning to launch a container shuttle service in April connecting Djibouti to Berbera (Somaliland), according to reports.
[Somaliland] Africa Water Facility sinks $3.2 million to build climate change resilience and reduce water stress
15-03-2017 | 05:32:05
The African Water Facility (AWF) has held a launching ceremony and workshop to officially kick-start the Water Resources Management and Investment Plan project for Somaliland.