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The report notes that provided that Somalia's security situation continues to improve modestly and there is no drought, economic growth in the medium term should average 5%, but that "growth will remain inadequate to redress poverty and gender disparities". [13] An estimated 73% of the people of Somalia live below the poverty line in 2016. [24]
But the results of a high-level donors’ conference for three Horn of Africa countries – Somalia, Ethiopia and Kenya – on May 24 were very disappointing. It raised less than $1 billion of the ...
Countries in Africa are sorted according to data from the International Monetary Fund. [1] The figures presented here do not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. [2]
Joe Biden owes the American people an explanation why US troops are fighting in Somalia, where political solutions are needed, Ali-Guban Mohamed says Solution to Somalia's problems political, not ...
The drought has had a devastating impact on Somalia's agriculture sector, which constitutes up to 26% of the country's GDP, employs 90% of the informal workforce, and contributes 90% of its exports. Since mid-2021, one-third of the livestock in the most severely affected regions have died.
NAIROBI (Reuters) -Somalia will never accept Ethiopia's plan to build a naval base in its breakaway region of Somaliland, but would consider granting Ethiopia commercial port access if discussed ...
The Jubaland crisis is an ongoing armed conflict in southern Somalia.Stemming from a constitutional dispute between the Somali Federal Government (led by President, Hassan Sheikh Mohamud and Prime Minister, Hamza Abdi Barre) and the autonomous state of Jubaland, following Ahmed Madobe's re-election to serve for a third term as Jubaland's president.
The United Nations has described floods that uprooted hundreds of thousands of people in Somalia and neighbouring countries in East Africa following a historic drought as a once-in-a-century event ...