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Somalia's first cash machine opens

2014-10-07 12:54:21| BBC News | Business | UK Edition

Somalia's first-ever cash withdrawal machine is installed in a hotel in the capital, Mogadishu, allowing people to withdraw money in US dollars.

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Storm death toll rises to 140 in Somalia's Puntland

2013-11-13 10:33:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The death toll from a tropical cyclone that hit Somalia's semi-autonomous Puntland region at the weekend has risen to 140 but the final figure could total 300, the government said on Wednesday. The government has declared a state of emergency and appealed for international aid to help the tiny Horn of Africa region, which is rich in energy resources and is being sized up by oil explorers. Weather experts at the United Nation's Food and Agriculture Organization (FAO) said the cyclone, which...

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Eastern promise: Soma Oil & Gas buys into Somalia's energy boom

2013-09-16 01:00:00| Offshore Technology

War-torn Somalia has some of the largest prospective oil and gas resources in East Africa and UK company Soma Oil & Gas is investing 20m to gain first-mover advantage. Julian Turner talks to CEO Bob Sheppard about the company's historic agreement wi

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