Somalia is classified by the United Nations as a least developed country. Despite experiencing two decades of civil war, the country has maintained an informal economy, based mainly on livestock, remittance/money transfers from abroad, and telecommunications. Due to a dearth of formal government statistics and the recent civil war, it is difficult to gauge the size or growth of the economy. For 1994, the CIA estimated the GDP at purchasing power parity (PPP) to be $3.3 billion. In 2001, it was estimated to be $4.1 billion. By 2009, the CIA estimated that the PPP GDP had grown to $5.731 billion, with a projected real growth rate of 2.6%. In 2014, the International Monetary Fund estimated economic activity to have expanded by 3.7 percent primarily driven by growth in the primary sector and secondary sector. According to a 2007 British Chambers of Commerce report, the private sector has experienced growth, particularly in the service sector. Unlike the pre-civil war period when most services and the industrial sector were government-run, there has been substantial, albeit unmeasured, private investment in commercial activities; this has been largely financed by the Somali diaspora, and includes trade and marketing, money transfer services, transportation, communications, fishery equipment, airlines, telecommunications, education, health, construction and hotels.
Mogadishu, locally known as Xamar or Hamar, is the capital and most populous city of Somalia. Located in the coastal Banadir region on the Somali Sea, the city has served as an important port for millennia. As of 2017, it had a population of 2,425,000 residents. Mogadishu is the nearest foreign mainland city to Seychelles, at a distance of 835 mi (1,344 km) over the Somali Sea.
Las Anod is the administrative capital of the Sool region of the self-declared Republic of Somaliland. The city is also claimed by Puntland, a member state of Somalia.
Bosaso is a city in the northeastern Bari province (gobol) of Somalia. It is the seat of the Bosaso District. Located on the southern coast of the Gulf of Aden, the municipality serves as the region's commercial capital and is a major seaport within the autonomous Puntland state.
The Majeerteen is a Somali clan. It is one of the major Somali clans, with a vast traditional territory spanning 3 major regions of Somalia: Bari, Nugaal and Mudug. From Bosaso down to Garacad, the Majerteen are settled in what is literally considered to be the 'Horn of Africa'. Its members form a part of the Darod clan family, and primarily inhabit the Puntland state of northeastern Somalia.
Bosaso Airport, also known as Bender Qassim International Airport, is an airport in Somalia. It sits at 11°16′32″N 49°9′0″E on the outer edge of the city of Bosaso, the commercial capital of the northeastern Puntland macro-region and adjacent to the Gulf of Aden. It is the fourth largest airport in the country after the Aden Adde International Airport in Mogadishu, the Hargeisa International Airport in Hargeisa and the Berbera Airport in Berbera.
The Dhulbahante is a subclan of Daarood Somali clan that Settles in 3 regions in Northern Somalia's Sool, Sanaag, and Cayn regions from the northern tip of Coastal Sanaag, to Southern tip to Far-hereri, Dollo, Somali region of Ethiopia to western Buhoodle. The Dhulbahante clan is part of the larger Darod Tribe. The clan is known for the resistance of the British colonists which the Dhulbahante fought for over 20 years. The Darwish is now a named after almost every regional army in Somalia.The Dhulbahante clan is part of Puntland regional government Which they created in 1998. They also have a huge presence in Southern Somalia, especially Kismayo, Lower Juba region and the Dollo region of Somali region of Ethiopia.
The Hawiye is a Somali clan. Members of the clan traditionally inhabit central and southern Somalia, Ogaden and the North Eastern Province. Like many Somalis, Hawiye members trace their paternal ancestry to Irir, one of the sons of Samaale.
Aliko Dangote GCON is a Nigerian business magnate, investor, and owner of the Dangote Group, which has interests in commodities in Nigeria and other African countries. As of March 2019, he had an estimated net worth of US$10.6 billion.
The Habr Awal is a major Somali clan in horn of Africa and which is divided into eight sub-clans of which the two largest and most prominent are the Issa Musse clans and the Sa’ad Musse clans. Its members form a part of the Habar Magaadle confederation.They contstitute the largest sub-clan of the Isaaq. The Habar Awal traditionally consists of farmers, nomadic pastoralists, merchants and coastal people. They are viewed as the richest Somali clan. They politically and economically dominate Somaliland and reside in the most economically strategic and fertile lands in Somaliland, as well as dominating the national capital Hargeisa where they make up the majority.
Oil exploration in Puntland, an autonomous region in northeastern Somalia which is a federal state, began in the mid-2000s as a series of negotiations between the provincial administration and foreign oil companies. By 2012, exploratory wells established in the area yielded the first signs of crude oil.
Hassan is an Arabic, Irish, or Scottish surname.
HASS or HASS Petroleum is a privately owned oil and investment company headquartered in Nairobi, Kenya.
Mohamed Abdullahi Mohamed, also known as Farmajo, is a Somali politician and diplomat who serves as the 9th and current President of Somalia since 16 February 2017. At the time of his election he had dual Somali and U.S. citizenship, but he renounced his U.S. citizenship during his term in office with no explanation as to why. He was previously a Prime Minister of Somalia from November 2010 until June 2011 and is the founder and Chairman of the Tayo Political Party. He became the President of Somalia after winning in the 2017 Somali presidential election with 195 votes out of a total of 330 by members of the Somali Parliament after defeating former president Hassan Sheikh Mohamud.
Somalia–Turkey relations are bilateral relations between Somalia and Turkey. The two nations are longstanding partners, engaging in close development cooperations. Somalia has an embassy in Ankara, and Turkey maintains an embassy in Mogadishu.
The Ministry of Foreign Affairs of the Federal Republic of Somalia is the Somali government ministry which oversees the foreign relations of Somalia. The current minister is Ahmed Isse Awad.
Hassan Ali Khaire, popularly known as Hassan Khayre is the current Prime Minister of Somalia. He was appointed on 23 February 2017 by Somalia President Mohamed Abdullahi Mohamed and unanimously approved by the Parliament on 1 March 2017.
There are several classes of oil companies in Uganda. One class is that of oil exploration companies. The other class in one of oil marketing companies. Another class is that of oil distribution companies. Some companies fall in more than one class. There are more companies in the space than are listed on this page.
