SOMALIA: THE US STAKES OUT ITS POLITICAL INFLUENCE AS OIL IS SET TO BOOST THE ECONOMY
Wed, 10 July 2019
The US and other favoured investment partners like Qatar and Turkey are staking out a position of influence over Somalia’s nascent oil sector ahead of a much-anticipated licensing round later this year. Previously preferred partners like Kenya and other Gulf Arab countries are losing their foothold in Somalia, just when the economy starts to recover.
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