Thursday, November 1, 2018

Somalia and World Bank ink $80m deal

The Somali government has signed $80m grant deal with the World Bank (WB).

Funds from the deal penned in Mogadishu on Wednesday, will go towards the Horn of Africa state's development projects.

Finance minister Abdurahman Duale Beyle signed the agreement on behalf of the Somali government, while Ms Deborah (Bell) Bird, the Africa Regional Director, signed for the World Bank.

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