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Somalia Economy News. Service for global professionals. Constantly updated news and information about Somalia.
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Latest Somalia Economy News

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  • Saudi livestock move boosts Somaliland economy 24 Nov 2009 06:54 GMT
    ... (IRIN) - Days after Saudi Arabia lifted a nine-year ban on livestock imports from Somalia, the market in Hargeisa, Somaliland, has seen a 10-fold increase in sales, according to local ...

  • Somaliland and the struggle for nationhood 26 Nov 2009 21:13 GMT
    ... Hussein M. Adam reviews Iqbal D. Jhazbhay's 'Somaliland: an African Struggle for Nationhood and International ... it is a free (almost) unregulated market economy. The expansion of the free market has been ...

  • AfDB grants $2 mln to Somalia 24 Nov 2009 15:31 GMT
    ... has granted two million U.S. dollars to Somalia to provide financial and technical assistance to ... the world. About 60 percent of Somalia's economy is based on agriculture. Somalia is a fragile ...

  • Somalia Back in Business With AfDB 26 Nov 2009 04:30 GMT
    ... Tunis — After decades of interruption, Somalia re-established its relationship with the African Development ... in the world. About 60% of Somalia's economy is based on agriculture. Economic progress in Somalia ...

  • Canadian journalist, Australian photographer freed in Somalia 25 Nov 2009 22:31 GMT
    ... northern Ugandan airfield. Salva K... Mogadishu - Somali insurgent group al-Shabaab on Wednesday ordered the ... hav... Johannesburg - South Africa, Africa's biggest economy, is back on the growth path following ... third quarter of 2009, gross domestic produce (GDP) grew by an annualized 0.9 per cent ...

  • For Somalis in Minnesota, refuge and lost identity 28 Nov 2009 06:32 GMT
    ... 1995, there were just a few hundred Somalis, and we were very alone," Adar Kahin, ... at home." Ali Mohamed, also 20 and unemployed, jumped in. "These guys are blowing up ... old men who had herded goats struggled. Unemployment and school dropout rates soared. So did ...

  • 'Positive Deviance' Approach To Health; Child Malnutrition - Madagascar; Somalia's Health System; Weak Harvests - West Africa; Improving Health Equity 1 Dec 2009 14:30 GMT
    ... resulted in the collapse of the country's economy and aid cuts by the U.S. and ... by abuse, violence and their parents' sudden unemployment and struggle to find food. Some had ... 's Health System Underfunded, WHO Official Says Somalia's health system is "completely underfunded" and almost ...

  • Somalis in US Searching for Identity 25 Nov 2009 15:34 GMT
    ... A 2007 tally counted 35,000 Somalis in Minnesota, the vast majority of them ... Many of the women are illiterate and unemployment and school dropout rates are soaring. Many ...

  • Kenya Recruits Somali Refugees to Fight Islamists Back Home in Somalia 24 Nov 2009 19:33 GMT
    ... daily through Mogadishu, the war-ravaged capital of Somalia. The one that finally drove him from ... younger than 35. The overwhelming majority are unemployed. Children, restless teens, pregnant women, war wounded, ...

  • Two foreign journalists released in Somalia 26 Nov 2009 03:10 GMT
    ... more than a year in captivity in Somalia. Amanda Lindhout, a Canadian journalist, told TV ... and southern Somalia, and high rates of inflation. In a statement on its Web site, ...

  • Two journalists released in Somalia 26 Nov 2009 03:24 GMT
    ... more than a year in captivity in Somalia. Amanda Lindhout, a Canadian journalist, told TV ... and southern Somalia, and high rates of inflation. In a statement on its Web site, ...

  • Foreign journalists freed in Somalia 26 Nov 2009 19:01 GMT
    ... more than a year in captivity in Somalia. Amanda Lindhout, a Canadian journalist, told TV ... and southern Somalia, and high rates of inflation. In a statement on its Web site, ...

  • Also in Global Health news: 'Positive deviance' approach to health; child malnutrition in Madagascar; Somalia's health system; weak harvests in West Africa; improving health equity 30 Nov 2009 16:51 GMT
    ... resulted in the collapse of the country's economy and aid cuts by the U.S. and ... by abuse, violence and their parents' sudden unemployment and struggle to find food. Some had ... 's Health System Underfunded, WHO Official Says Somalia's health system is "completely underfunded" and almost ...

  • Somali sea gangs lure investors at pirate lair 1 Dec 2009 11:40 GMT
    ... HARADHEERE, Somalia (Reuters) - In Somalia's main pirate lair of ... a drought-ravaged country that provides almost no employment opportunities for fit young men, many are ...

  • From the archive: Things get out of control in Somalia (Jul 9th 1988) 27 Nov 2009 19:56 GMT
    ... and Eritrea, the Ethiopian government offered next-door Somalia an attractive deal. The Ethiopians said they ... burdens. President Barre abandoned the previous Soviet-style economy in the early 1980s in favour of IMF-inspired ...


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