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According to the report  released  March 28th , Somalia’s livestock and crop subsectors have been buffeted by an increasingly fragile and degraded natural environment and more frequent and severe cycles of drought and floods. These factors, combined with insecurity, weak government institutions and a deterioration of flood control, irrigation, and transport infrastructure in the south-central regions, …

Agriculture Remains Key to Somalia’s Economic Growth and Poverty-Reduction Read More »

There has been tremendous growth in the real estate sector in Mogadishu. Both high end and affordable residential properties are coming up in every corner of the city, mixed use property that contain both commercial and residential houses such as self-contained villages and apartment blocks are the norm in the city and large scale development …

As Mogadishu property prices rise, customers feel the pinch Read More »

As the country comes to terms with the effects of Covid-19 on its economy, Mobile Money Service is poised to play a major role in rebuilding. The Central Bank of Somalia is keen on regulation and sanity in the sector. Well into the second year of the Covid-19 pandemic, the economies of various countries report, …

CBS Brings Order to Mobile Money Sector Read More »