AGP Executive Report
Last update: 5 hours agoPower Costs: Puntland’s Electricity Bill has reached its final stage, aiming to improve regulation and affordability. Electricity averages $0.61 per kilowatt-hour in Somalia, more than three times the global average. Trade and Investment: Somalia and India held their first foreign office consultations, reviewing trade, investment and support for small businesses, while discussing piracy risks to shipping. Climate Finance: At COP31, Somalia launched a clean-cooking strategy targeting 660,000 additional people and shared its drought-insurance experience. The country is also seeking climate adaptation funding and has announced a $12.8 billion climate investment plan. Public Finances: Faisal Hashi was appointed the first director-general of the Somalia Revenue Authority, as the government pursues revenue reforms.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.