Tag: Somalia

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Paris Club cancels 99% Somalia debt

The Paris Club of creditors has reached an agreement with the government of Somalia to cancel up to $2 billion of the country’s debt, approximately 99 % of which is owed by the country to the group. This was disclosed in a statement from the group yesterday where it stated it will forgive the country’s […]

IATA welcomes Somalia airspace upgrade to 'Class A'
Aviation featured Transportation

IATA welcomes Somalia airspace upgrade to ‘Class A’

The International Air Transport Association has commended Somalia for upgrading of its airspace and the surrounding area to ‘Class A’. This comes after air traffic control services in the African country resumed operations after a 30-year interruption on January 26, 2023. Approximately 300 airlines, or 83% of worldwide aviation traffic, are represented by IATA. The […]

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