Remittances and Vulnerability in Somalia

Remittances and Vulnerability in Somalia Source: The Rift Valley Institute recently posted a paper dated September 2018 The Rift Valley Institute recently posted a paper dated September 2018 and titled “Remittances and Vulnerability in Somalia” by Nisar Majid. Remittances are an important factor in determining the resilience of different communities, and relative levels of inequality in Somalia. Remittances act as a crucial safety net for many Somalis, but there are significant variations in the amounts and frequency of transfers and who receives them. A majority of Somali households do not benefit directly from remittances. 0 comments  Labels: aid, famine, household...

UN set to launch 30 mln USD peace building fund for Somalia

UN set to launch 30 mln USD peace building fund for Somalia Source: XINHUANET, Friday February 15, 2019 The United Nations will next week launch a peace building fund (PBF) worth 30 million U.S. dollars to help support the country’s peace building efforts. The UN Assistance Mission in Somalia (UNSOM) said on Thursday a joint launch of the new PBF portfolio will be held to highlight the interlinkages between the new projects. The projects will also address Somalia’s peace building priorities as outlined in the peace building priority plan, the national development plan, the national stabilization strategy, the Wadajir Framework, and the national reconciliation framework. “The current portfolio consists of nine active projects valued at 30 million dollars – a sign of the PBF’s increasing focus on Somalia in support of the country’s peace building and state-building efforts,” UNSOM said in a statement ahead of the launch. It said the UN secretary-general’s PBF has supported Somalia’s peace building process since 2009, adding that investments to date amounts to about 45 million dollars, of which a record level of 14 million dollars was allocated to five new projects in...

Ethiopia, Djibouti Sign 3.2 Bln USD Natural Gas Pipeline Agreement

Ethiopia, Djibouti Sign 3.2 Bln USD Natural Gas Pipeline Agreement Source. Ethiopian News Agency, Friday February 15, 2019 Addis Ababa  February 15/2019 Ethiopia and Djibouti signed agreement for laying down 760 km natural gas pipeline that stretches from Elala and Kalub to Djibouti port. The Chinese company Poly-GCL will execute the 3.2-billion-USD project that includes the construction of a processing plant, it was learned. Production is expected to begin in 2021, Mines and Petroleum State Minister Koang Tutlam told ENA. “When we start to export, we will be able to generate 1 billion USD, and the revenue will increase up to 6 and 7 billion USD annually as the flow increases,” he added. The potential natural gas reserve of the two sites is about 8 trillion cubic feet, the state minister said, adding that 3 billion cubic feet natural gas will be piped annually when operation begins. Minister of Mines and Petroleum Samuel Urkatu and Djibouti’s Minister of Energy in charge of Natural Resource Yonis Ali Guedi signed the agreement. Yonis Ali Guedi told ENA that the agreement creates thousands of jobs for citizens of both countries and generates transit income for...

‘Africa hangs in balance’Bill Gates on why the continent is so important

  : ‘Africa hangs in balance’Bill Gates on why the continent is so important  Sharehare Source: The Washington Post, Tuesday February 12, 2019 By Paul Schemm U.S. philanthropist and Microsoft founder Bill Gates speaks during the 32nd African Union (AU) summit in Addis Ababa, Ethiopia, on Feb. 10, 2019. (Simon Maina/AFP/Getty Images) ADDIS ABABA, Ethiopia — On Sunday, Bill Gates, the creator of the ubiquitous Microsoft Windows and now a global philanthropist, addressed the nations of the African Union at their annual summit and urged them to invest more in their health systems. The Bill and Melinda Gates Foundation is one of the largest private philanthropic organizations in the world and spends $2 billion a year on Africa alone, largely to improve health and agriculture with access to vaccines and more productive seeds. At the summit, African leaders committed to increased spending on health for the 55 countries of the continent. Ahead of his address to the summit, Gates spoke with The Washington Post, about why Africa is so important to the world. Here are excerpts from the interview. We are in an era of donor a fatigue, a time when people want to cut back on aid abroad. Africa has come a long way, but as you pointed out, with 16 percent of the world’s population, it has 24 percent of the disease burden and 50 percent child mortality. Why would you want to invest your time and energy in this place? It never gets better, is what some people think back home. That’s a problem if we don’t clear up that perception — if you feel that...

President Museveni holds bilateral talks with DR Congo, Somali and Kenya leaders in Addis Ababa

  President Museveni holds bilateral talks with DR Congo, Somali and Kenya leaders in Addis Ababa Source: KMA Updates Tuesday February 12, 2019 Uganda’s President Museveni has held a couple of bilateral meetings with fellow regional leaders, their discussions being dominated by themes of security, integration and how to strengthen economic ties at the end of the 32nd Summit of African Union Heads of State. Congratulates Tshisekedi In a meeting with newly-elected Democratic Republic of Congo (DRC) President, Felix Tshisekedi, Mr Museveni first congratulated him on his victory in the December 2018 elections, adding: “Elections are dangerous if not handled carefully. To hold a successful election, one must be morally on the right.” President Museveni told his colleague that Uganda has security concerns about the presence of the Allied Democratic Forces (ADF) terrorists in Eastern DRC and would appreciate if the Kinshasa government helped uproot them. “Our main interest is to dislodge the ADF. We cannot keep ADF in DRC.  We cannot harbour ADF in Eastern Congo. Uganda is ready to help,” pledged the President. In his response, Mr. Tshisekedi promised to work with Uganda to resolve the ADF menace, saying, “we will settle the matter jointly.” He also asked President Museveni to support him as he seeks to build a broad government, which will work for the economic success and political stability of the DR Congo. The two leaders also discussed the issue of the Ebola outbreak in Eastern Congo, with the Health Ministry Permanent Secretary, Dr. Diana Atwiine, indicating that the threat had been controlled. Somali security In a meeting with Somalia’s President, Mohamed Abdullahi Farmajo, Mr...