Dar es Salaam, SONNA – On the sidelines of the Africa Vitality Summit in Dar es Salaam, President of the Federal Republic of Somalia, H.E. Hassan Sheikh Mohamud, held a high-level assembly with the President of the African Growth Financial institution (AfDB), Dr. Akinwumi Adesina, to additional improve cooperation between Somalia and the AfDB.
The discussions targeted on unlocking funding alternatives in Somalia, capitalizing on the nation’s enhancing safety and financial stability. Key areas of cooperation included funding in Somalia’s livestock sector, increasing the blue financial system, growing reasonably priced renewable power options, and advancing important infrastructure tasks.
President Hassan Sheikh Mohamud highlighted Somalia’s potential for sustainable financial development, emphasizing the necessity for strategic partnerships to spice up funding and drive growth throughout key sectors.
To additional advance these discussions, President Mohamud prolonged an official invitation to Dr. Adesina to go to Somalia. Dr. Adesina warmly accepted the invitation, reaffirming the African Growth Financial institution’s dedication to supporting Somalia’s financial transformation.
The assembly underscores Somalia’s rising engagement with worldwide monetary establishments and its dedication to fostering sustainable financial progress by strategic collaborations.
