HARGEISA — The appointment of Mukhtaar Mohamed Gaaxnuug, widely known as “Booshadde,” as Executive Secretary of the Hargeisa Local Government marks a defining moment in the...
Africa’s development banks are entering a make-or-break moment. Behind closed doors in Washington, Paris and major investment houses, a quiet campaign is underway — one that...
UN, World Bank, and Humanitarian Partners Boost Somaliland’s 2024 Development Drive. Somaliland secured more than $221 million in foreign aid and development funding in 2024, according...
The World Bank just shifted its center of gravity in the Middle East — and it did it in the heart of Saudi Arabia. On Monday,...
Somalia’s top auditor has cast doubt on the integrity of some of the federal government’s most important financial streams, warning that lapses in record-keeping and oversight...
Somaliland’s Ministry of Finance engages with World Bank delegation to enhance public resources management and solidify future cooperation. A delegation from the World Bank, headed by...
Ethiopia’s Finance Minister Ahmed Shide met with senior World Bank officials to strengthen development cooperation as the country pushes forward with economic reforms. The discussions, held...
The World Bank has revised its 2024 economic growth forecast for sub-Saharan Africa, lowering it from 3.4% to 3% due to the severe economic toll of...
How Weak Definitions and Loopholes Fuel a Financial Exodus from Africa Africa is hemorrhaging over $300 billion annually due to illicit financial flows (IFFs), driven by...
Exclusive Insights into Somalia’s Strategic Shift and Its Global Implications By Kasim Abdulkadir: Explore the emerging Somalia-Russia alliance, the factors driving Somalia to sever Western ties, and...
In a blistering rebuke aimed at the Federal Government of Somalia, the World Bank has issued a stern warning regarding the egregious delay in submitting audit...