Ammon News - US cancels $1.1bn of Somalia’s debt in ‘historic’ financial agreement Commitment by Mogadishu’s largest single ...

Register here!The United States and Somalia reached an agreement on Tuesday for Washington to cancel more than $1 billion ...

The US has extended a lifeline to Somalia, offering a $1.1 billion debt relief package to help the country tackle its debt ...

The US has written off more than $1.1 billion of Somalia’s debt, signalling Mogadishu’s continued wins in the international ...

The office of Somalia’s prime minister, Hamza Abdi Barre, announced the decision on April 4, citing reasons similar to those ...

In a move to bolster Somalia's economic recovery and stability, the United States has forgiven $1.14 billion in debt owed by Somalia. The debt cancellation, announced by US Ambassador to Somalia ...

The two-year-old still weighed just 4.6kg (10lb 2oz ... thorny plains of southern Somalia, as the country grapples with its worst drought in 40 years. "We don't have food to feed him, but ...

Somalia says Egypt has offered to deploy peacekeeping ... Ethiopia and Egypt — is over Ethiopia’s construction of a $4 billion dam on the Blue Nile, a key tributary of the Nile River.

More than 3.5 million people need food aid, and 1.4 million children face severe malnutrition. Their main concern is the growth of militant Islam. Somalia is the headquarters of al-Shabab ...

4. Nearly 6.7 million people in Somalia—41% of the population—are expected to be battling widespread food shortages between October and December this year, which is an increase of nearly 2.4 million ...

The announcement is the result of a deal between the two countries signed by Somalia’s finance minister and the US ambassador ...