Somalia's 2024 economic rebound driven by agriculture and services: AfDB report

[Deeq A.]

Mogadishu (HOL) — Somalia is poised for a significant economic rebound in 2024, driven by a recovery in agriculture, services, and household consumption, according to the African Development Bank's (AfDB) latest report. The Country Focus Report 2024 projects GDP growth of 3.7 percent in 2024 and 3.8 percent in 2025, signalling a hopeful turnaround for the East African nation.

Source: Hiiraan Online