The US has forgiven $1.14 billion of debt owed by Somalia following a bilateral agreement between the two countries, ...

An African country blighted by warlords and piracy has had $1.1bn (£860m) of debt forgiven by the USA. Somalia has announced ...

The administration of outgoing US president Joe Biden is preparing to rush over $6 billion in security assistance to Ukraine ...

The US has written off more than $1.1 billion of Somalia’s debt, signalling Mogadishu’s continued wins in the international ...

The United States and Somalia reached an agreement on Tuesday for Washington to cancel more than $1 billion debt owed by the ...

Ammon News - US cancels $1.1bn of Somalia’s debt in ‘historic’ financial agreement Commitment by Mogadishu’s largest single ...

In a move to bolster Somalia's economic recovery and stability, the United States has forgiven $1.14 billion in debt owed by Somalia. The debt cancellation, announced by US Ambassador to Somalia ...

Nairobi: Somalia and Japan signed a landmark agreement in the Kenyan capital, Nairobi, today to exempt Somalia from over USD ...

The United States and Somalia reached an agreement on Tuesday for Washington to cancel more than $1 billion debt owed by the troubled Horn of Africa nation. Somalia is one of the poorest countries ...

The announcement is the result of a deal between the two countries signed by Somalia’s finance minister and the US ambassador ...

CORRECTS 2023 growth figure to 2.8 percent in para 12 The United States and Somalia reached an agreement on Tuesday for Washington to cancel more than $1 billion debt owed by the troubled Horn of ...

Riley said at a signing ceremony that the bilateral agreement forgives Somalia’s $1.14 billion debt to the United States. This was, he said, the largest single component of a total of $4.5 ...