It takes a lot to do a first Public-Private Partnership (PPP) well. In the past 12 months, we witnessed the successful financial close of two landmark PPPs: the Tibar Bay Port PPP—a first for…

Jemima Sy |

As recently as 2006, Timor-Leste was in crisis. Only a few years into independence, the country was torn by riots and political turmoil. Not surprisingly, its business climate was one of the…

Christopher Bleakley |

The mobile money market is booming in Somalia. Approximately 155 million transactions, worth $2.7 billion or 36% of gross domestic product (GDP), are recorded every month. Mobile money accounts…

Thilasoni Benjamin Musuku |

Photo: UNSOM/Flickr Somalia’s capital city of Mogadishu is defined by a complex mix of challenges and opportunities. Despite political and economic struggles, Somalis are innovating to break the…

Roku Fukui, Christopher James Arderne |

Photo: Trocaire | Flickr Creative Commons In war-torn post-1991 Somalia, running water was a scarce commodity, to the misfortune of millions of people. Members of local communities rose to the…

Yolanda Tayler, Nazaneen Ismail Ali, Simeon Sahaydachny, Nataliya Langburd Wright |

When the central government of Somalia collapsed in 1991, everything collapsed with it. Infrastructure was destroyed. Basic services, such as electricity and clean water, were no longer provided.…

Mohamed Maqadin |

The president of the Somali Chamber of Commerce, Mohamoud Abdi Ali,  joins with the country's Minister of Commerce and Industry, Khadra Ahmed Dualle, at the IFC-sponsored Public-Private…

Klaus Tilmes |

In 2014, money transfer operators sending funds to Somalia were coming under increasing pressure. Western financial institutions, concerned about money possibly ending up in the hands of…

Emile van der Does de Willebois |

  Photo: Cilmi Waare/Radio Mogadishu Somalia’s ICT sector – particularly mobile communications – is already one of the brightest spots in its economy. It could soon reach a tipping point where…

Rachel Firestone, Tim Kelly, Axel Rifon |

I recently spent three days in Hargeisa, Somaliland. An eye-opening experience, as much as one that strengthens my conviction that World Bank Group is doing the right thing by engaging in this…

Cecile Fruman |