Somalia's Recovery and the Power of a Song

African economies began tapping into overseas markets for funding in the early 2000s, after debt burdens had been alleviated by the Highly Indebted Poor Countries (HIPC) Initiative. However, surging interest rates on dollar- and euro-denominated loans in recent years have prompte ...  Show more

Unprecedented debt levels are pressing governments to make tough choices. While aging populations demand more public spending, resources are stretched thin, and the days of cheap borrowing that allowed the debt burden to be kicked down the road are behind us. Rodrigo Valdés and E ...  Show more

“When I wake up every morning my work is only to find work, yet I have not heard from any employer for the last six months,” says Abdullahi Mohammed, a young Somali graduate. He has a degree in Information Technology, a master’s in Development Studies from the UK, and has some sh ...  Show more

Somalia is in a state of drought following four failed rainy seasons, and a fifth predicted, with aid agencies declaring the country is in a state of famine. Despite this, the government has yet to declare a famine, insisting that certain thresholds have yet to be met. Instead, S ...  Show more

"I don't think the Somali government is interested in a fist fight with Ethiopia."A diplomatic row broke out this week in response to a deal between Ethiopia and Somaliland allowing landlocked Ethiopia access to Somaliland’s coastline. Somalia described the agreement as an act of ...  Show more

Head to https://factormeals.com/eep50 and use code eep50 to get 50% off. In this video we delve into Somalia's perilous economic situation after the government collapse in 1991, and reform in 2012. How are international relations, is there potential for recovery, and what lesson ...  Show more