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Somalia’s Economy Resilient Amid Climatic and Global Shocks: Water Management Key to Sustainable and Resilient Development

Somalia’s Economy Resilient Amid Climatic and Global Shocks: Water Management Key to Sustainable and Resilient Development

Recurrent shocks, including a prolonged 2020/23 drought, disrupted Somalia’s growth, devastating crops, livestock, and exports. Many fled their homes in search of food and water. The severe drought, coupled with global commodity price surges, intensified inflation, hampering household consumption. Consequently, GDP growth slowed to 2.4% in 2022 from 3.3% the previous year. Somalia’s economic outlook […]

Needs rise as flooding spreads in Somalia

Needs rise as flooding spreads in Somalia

Deadly torrential rains and floods have affected more than two million people in several areas of Somalia, with over 100 killed and 750,000 displaced from their homes, the authorities and humanitarian partners said on Thursday in the capital, Mogadishu.   The crisis began with the start of the deyr rainy season in October and comes six months after […]

President Infantino stresses need for investment in women’s football in European Broadcasting Union (EBU) address

President Infantino stresses need for investment in women’s football in European Broadcasting Union (EBU) address

FIFA President (www.FIFA.com) attended the 91st European Broadcasting Union (EBU) General Assembly in Geneva, Switzerland; Updated agreement for FIFA Women’s World Cup 2023™ resulted in the tournament being broadcast in 34 European territories; Mr Infantino highlighted the need for partnership with EBU to find the best solutions to promote and develop women’s football. Gianni Infantino […]

Amini closes $4m Seed Funding Round led by Salesforce Ventures and Female Founders Fund

Amini closes m Seed Funding Round led by Salesforce Ventures and Female Founders Fund

Amini (https://Amini.AI), a Nairobi-based climate tech startup focused on solving Africa’s environmental data gap through artificial intelligence and satellite technology, has raised $4 million in a seed funding round. The round was led by Salesforce Ventures (https://apo-opa.co/3T5hoW9), Salesforce’s global investment arm, and Female Founders Fund (https://FemaleFoundersFund.com), a seed stage venture fund that invests exclusively in […]

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