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African Development Bank awards Somalia $18 million
[29/05/2024 04:42]
MOGADISHU-SABA
The African Development Bank (AfDB) awarded today, Tuesday, the Federal Government of Somalia $18 million to respond to disasters caused by climate change.

According to the Somali National News Agency (SONNA), the financial support agreement was signed by Finance Minister Bihi Iman and AfDB's Vice President Dr. Beth Dunford on the sidelines of the AfDB Group's annual meetings held in Nairobi, Kenya.

The Somali minister stressed the importance of this financial agreement to support Somalia at this time when the world is witnessing climate change, in addition to cooperation with the African Development Bank.


Italian Industrial production falls 0.6 percent
Korea large companies' exports rise 10 percent
China's foreign exchange reserves rise to $3.3991 trillion
S. Korea's exports rise 33.9 percent in January
Japan's LNG imports down 1.4 percent
Public debt in Germany rises 2.1 percent
S. Korea's ITC exports rise 12.4 percent in 2025
Record rise in gold, silver due to demand for safe havens
Turkey's exports to neighboring countries exceed $28 billion in 2025
China's ETF market hits record $855.6

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