At least seven million people will be affected by drought before the end of the year unless there is a massive effort by local institutions and international organisations, said the UN Humanitarian Coordinator for Somalia

According to a new report, 43.000 people have died in Somalia last year due to the longest drought on record; half of them were children

Premier Bank Limited Somalia has acquired 62,5% of the shares of Kenyan iconic First Community Bank Limited, following approval from the Central Bank of Kenya

The US is increasing military assistance to Somalia against al-Shabab as the country sees success in the fight against what the US calls 'the largest and deadliest al-Qaeda network in the world'

After three decades, support for Somalia will be strengthened and direct investments in the country will resume, which had been suspended due to delays in the payment of the debt accumulated by the government in Mogadishu with Ifad, which has now been set