725 posts

Business

Amidst bumps and twists, Somalia’s business landscape is thriving across many fronts. The recent booms are ignited by Somalia’s entrepreneurial spirit coupled with resilience and diaspora influx back home. Goobjoog News provides in-depth reporting and comprehensive coverage of Somalia’s economic landscape.

Invest Somalia & Expo conference Opens in Mogadishu

GOOBJOOG NEWS |MOGADISHU: The Invest Somalia & Expo conference, organized by Invest Somalia kicked off in Mogadishu Wednesday attracting participants from both government and private sectors. Also in attendance are…

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Somalia, Kenya Ink New Deal to Resume Khat Business

GOOBJOOG NEWS | NAIROBI: Somalia and Kenya have renewed their Khat business agreement that marks a significant step towards economic cooperation between the two countries. Kenya’s Cabinet Secretary of Agriculture…

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Connected Africa Summit 2024 Opens in Nairobi, Kenya

GOOBJOOG NEWS | NAIROBI: The inaugural Connect Africa Summit 2024 opened Monday in Nairobi, running under the theme, “Shaping the Future of a Connected Africa: Unlocking Growth Beyond Connectivity”. The…

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Oil Surges as Reports of Israeli Strike on Iran Roil Markets

REUTERS: Oil prices jumped on Friday as reports that Israel had attacked Iran roiled markets and sparked concerns that Middle East oil supply could be disrupted. The benchmark contracts surged…

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PM Barre Praises Somali Businessmen for Investing in the Country

GOOBJOOG NEWS | MOGADISHU: Federal Republic of Somalia Prime Minister Hamza Abdi Barre has praised the Somali Business community for the various investments in the country. Speaking while inaugurating the…

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Caawiye App: Transforming Healthcare Access in Somalia through Online Doctor Booking

In a country where access to quality healthcare services can be challenging, Caawiye App emerges as a beacon of hope, revolutionizing the way Somalis seek medical assistance. With its innovative…

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Somalia’s Finance Ministry Announces Plans to Expand Tax Collection Avenues

GOOBJOOG NEWS | MOGADISHU: Somalia has announced plans to boost revenue generation by expanding its Value Added Tax (VAT) regime effective April 1st as part of efforts to bolster economic…

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Hormuud Salaam Foundation Concludes First Phase of Its 12th Iftar Program with a $10,000 Donation to the Mama Ugaaso Foundation

MOGADISHU: In a noble gesture of charity and community support, Hormuud Salaam Foundation delivered a significant donation to the Mama Ugaaso Foundation for Street Children Rehabilitation, as part of its…

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Kenya Sets out Plan for First Nuclear Power Plant

NAIROBI: Kenya’s Nuclear Power and Energy Agency (NuPEA) has launched a strategic plan to guide the construction of its first nuclear power plant over the next five years. NuPEA’s 2023–2027 Strategic…

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Hormuud Telecom Launches 5G Network in Somalia

GOOBJOOG NEWS | MOGADISHU: Somalia’s leading Telecommunications company Hormuud has unveiled the 5G network which is now available in nine centers across Somalia. The network which was launched today in…