SOMALIA Issue dated 19/07/2021

Mining code: Mogadishu's uncertain message for attracting investors

In order to convince foreign miners to invest in the country's resources, the Somali government has promised that a specific code is being prepared to replace the one from 1984 - while also admitting that it does not know when it will be adopted. A period of delay during which the terms of both the old and the new codes will be used may even occur. [...] (330 words)
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