Somaliland will establish its Israeli embassy in Jerusalem, following the US, as Hargeisa seeks closer relations with the Mediterranean country.
IATA has launched a pilot of its Billing & Settlement Plan in Somalia, with full rollout to more than 300 travel agents and major airlines including Ethiopian Airlines expected in May, in the most significant piece of aviation financial infrastructur
Somalia is preparing to begin its first offshore drilling campaign with Turkey’s deepwater drillship "Çağrı Bey", a milestone in efforts to test a frontier basin estimated to hold 30bn barrels of prospective oil.
Disruptions to fertiliser exports via the Strait of Hormuz have pushed urea prices above $700/MT, raising the risk of food inflation – and hunger – across Africa, where application rates are far below global norms.
Disruptions to fertiliser exports via the Strait of Hormuz have pushed urea prices above $700/MT, raising the risk of food inflation – and hunger – across Africa, where application rates are far below global norms.