Somalia News News Somalia » Trade: Somalia finally joins the Africa free trade agreement
AfCFTA Secretary-General Wamkele Mene told an audience at the official opening of this year’s 26th Common Market for Eastern and Southern Africa ...
News Somalia » Trade: Somalia pledges support for Ugandan businesses as trade ties deepen
Somalia's President Hassan Sheikh Mohamud has pledged his government's full support for Ugandan businesses operating in the country, as Mogadishu and Kampala seek to expand economic ties alongside ...
News Somalia » Trade: Libya, Somalia sign industrial and trade cooperation deal
Libya and Somalia have signed an agreement to strengthen industrial and trade cooperation, expand investment opportunities and facilitate the exchange of goods. The agreement was signed during a visit ...
News Somalia » Trade: Somalia, Ethiopia agree to deepen bilateral trade ties
MOGADISHU, Somalia - At the invitation of Somali President Mohamed Abdullahi Mohamed ‘Farmajo’, the Prime Minister of Ethiopia, Abiy Ahmed Ali accompanied by a high-level delegation, made an official ...
News Somalia » Trade: Somalis rethink trade routes as Houthis disrupt established shipping channels
MOGADISHU, Somalia — Somalia's business community is seeking alternative shipping routes due to disruptions and security concerns around the Bab al-Mandab Strait and the Strait of Hormuz after ...
News Somalia » Trade: A step towards strengthening employer representation in Somalia
MOGADISHU, Somalia (ILO News) – The workshop gathered key stakeholders from the business community, government, and trade unions, embodying a spirit of dialogue and collaboration essential for Somalia ...
News Somalia » Trade: Somali Trade Union Calls for Decent Work and Media Freedom at UN High-Level Political Forum
Somali Trade Union Calls for Decent Work and Media Freedom at UN High-Level Political ForumThe Federation of Somali Trade Unions (FESTU) has used the 2026 United Nations High-Level Political Forum ...
News Somalia » Trade: Somalia and Iraq discuss expanding trade and livestock exports
Somalia and Iraq have agreed to explore ways to strengthen economic cooperation, including expanding agricultural ties and facilitating Somali livestock exports to the Iraqi market, Somalia's foreign ...
News Somalia » Trade: Somalia Sets Up Its First Exchange to Trade Stocks, Sukuk Bonds
Somalia will begin trading equities and government-issued sukuk bonds on a new exchange early next year, as the Horn of Africa nation seeks integration into regional and global financial markets. The ...
News Somalia » Trade: Rising Pirate Attacks Off Somalia Endanger Key Trade Route
Instability in Yemen and the Horn of Africa is fueling a resurgence in maritime piracy off Somalia, a cause for concern in one of the world’s busiest shipping corridors. At least three recorded ...