Somalia's Oil Gamble With Qatar - ANALYSIS
The Horn’s Podcast

Somalia’s Oil Gamble With Qatar - ANALYSIS

2024-09-14

Somalia's hopes of tapping into its vast untapped oil reserves took a significant step forward last month with the signing of a high-profile oil exploration agreement with Qatar.

But as details of the deal emerge, experts and watchdogs are raising alarm over the lack of transparency and the involvement of questionable local partners. The deal, which could potentially reshape Somalia's economic future, is now entangled in a web of governance issues and reputational risks.

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