Somalia's economy grows, but challenges remain
Despite progress in GDP growth and increased foreign investment, Somalia faces persistent challenges with inflation, youth unemployment, and reliance on remittances from the diaspora.
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Economic Analysis from the Horn of Africa
Despite progress in GDP growth and increased foreign investment, Somalia faces persistent challenges with inflation, youth unemployment, and reliance on remittances from the diaspora.
Over $1.4 billion flows in annually from the diaspora. But how long can Somalia rely on this money?
Read more →The resource discovery could transform the economy, but the risk of "resource curse" is real.
Read more →67% of the population is under 30 years old. What can be done to create jobs?
Read more →Transparency International report reveals the extent of economic waste in the public sector.
Read more →Drought and floods in cycles. How can Somalia build resilience?
Read more →Can Somalia copy Kigali's recipe for economic transformation?
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