Somalia launches fisheries week to help reap investments in blue economy
Somalia on launched a special week to showcase its marine resources potential, demonstrating the government's commitment to foster a vibrant blue economy.
Original article link: https://english.news.cn/africa/20240704/edb6809bd76c4e40a4e77b04a5a26b17/c.html
Egypt launches direct flights to Djibouti, Somalia to boost regional ties
As part of efforts to enhance cooperation with the Horn of Africa, Egypt inaugurated direct flights between Cairo, Djibouti City and Mogadishu. The move is seen as a strategic effort to bolster Egypt’s political, security, economic and commercial interests in the region.
Original article link: https://www.middleeastmonitor.com/20240715-egypt-launches-direct-flights-to-djibouti-somalia-to-boost-regional-ties/
MoU signed to strengthen collaboration between Somalia and Rwanda
The last three decades have been particularly difficult for Somalia. Since the 2012 establishment of the Federal Government of Somalia, a number of structural reforms have been put in place to boost domestic business and foreign direct investments in Somalia. The Somalia Investment Promotion Office and the Rwanda Development Board just signed an MoU to strengthen investment cooperation between Rwanda and Somalia. Mohamed Dubo, the Director of Somalia Investment Promotion Office shares more on the MoU and the work being done to make Somalia an investment destination in this exclusive interview with CNBC Africa.
Orginal Article Link: https://www.cnbcafrica.com/2022/mou-signed-to-strengthen-collaboration-between-somalia-and-rwanda/