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PETROL $150.00 0.00 0%

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IMF Recognizes the Federal Government of Somalia After 22-year Interval
Press Release No.13/119
April 12, 2013
The International Monetary Fund (IMF) today recognized the Federal Government of Somalia, headed by President Hassan Sheikh Mohamud, paving the way for the resumption of relations after a 22-year interval. The decision is consistent with broad international support and recognition of the Federal Government. Recognition of the government allows the IMF to offer Somalia technical assistance and policy advice.
Somalia, an IMF member since August 1962, has been in a state of civil war since the early 1990s, and there was no government....Read More 

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Kenya to host first investment conference for Somalia
NAIROBI, Jan. 31 (Xinhua) -- Kenya will host the first investment conference for Somalia in June to showcase opportunities that exist in the Horn of Africa nation, organizers said on Thursday.
The June 12 and June 13 Somalia Investment Summit (SIS), organized by Somalia Economic Forum (SEF) and produced by Global Event Partners is the official government backed event for 2013 to focus on the abundant opportunities and exciting future ahead in the rebuilding of Somalia....Read More 

Businesses role in stabilising Somalia
“This was the best conference on Somalia for years. It was about business and development, not politics!” said Dr Abdi Olad Rage of the White Star Youth Association at the end of Somalia Open for Business organised by a consortium of UK-based Somali organisations.
It was standing room only in the large hall as Hugh Scott, Director, Africa Enterprise Challenge Fund and Toaha Qureshi, Chairman, Forum for International Relations Development, Mahmud Mohammed Energy Specialist, Somali Economic Forum outlined how partnership with the diaspora can generate development opportunities throughout all Somalia. Saad Osman, CEO, Thames Hr Solutions, identified sectors which should be pursued....Read More 

Somalia: Transport Infrastructure Analysis -2012
The report will analyze what transportation infrastructure changes have been made since the collapse of Somalia government and presently. It will also discuss its significance for economical and developments.