IBOV 175,739 ▼ 1.20% IPSA 10,928 ▼ 1.17% IPC MEX 65,973 ▼ 0.79% MERVAL 3,235,295 ▼ 1.37% COLCAP 2,307.67 — UNCH BVL PERÚ 56,917.82 ▼ 0.86% USD/BRL5.13▼ 0.12% USD/MXN17.51▼ 0.12% USD/CLP932.70▼ 0.02% USD/COP3,245▼ 0.56% USD/PEN3.40▼ 0.23% USD/ARS1,482▼ 0.07% USD/UYU40.22— 0.00% USD/PYG6,045▼ 0.17% USD/BOB10.35▲ 6.04% USD/DOP58.37▲ 0.49% USD/CRC448.53▲ 1.22% USD/GTQ7.62▲ 2.07% USD/HNL26.73▲ 1.41% USD/NIO36.62▲ 0.63% USD/VES722.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▼ 0.25% USD/TTD6.74▲ 1.05% EUR/BRL5.85▲ 0.49% BRENT 86.74 ▲ 4.13% WTI 80.57 ▲ 3.11% IRON ORE 161.91 — — COPPER 6.39 ▲ 2.44% GOLD 4,028 ▲ 0.77% SILVER 58.40 ▲ 1.33% SOY 1,191 ▼ 0.96% CORN 459.00 ▲ 4.85% WHEAT 634.50 ▲ 1.20% COFFEE 336.00 ▼ 1.58% SUGAR 14.81 ▲ 0.41% ORANGE JUICE 137.15 ▼ 7.24% COTTON 82.00 ▲ 2.72% COCOA 5,766 ▲ 1.23% BEEF 230.83 ▼ 1.86% CATTLE 354.20 ▼ 0.11% LITHIUM 70.24 ▼ 2.88% PETR4 40.66 ▲ 2.55% VALE3 72.85 ▼ 1.79% ITUB4 43.52 ▼ 1.76% BBDC4 18.77 ▼ 0.48% ABEV3 15.83 ▲ 0.06% BBAS3 20.24 ▼ 1.65% B3SA3 15.12 ▼ 1.95% WEGE3 44.39 ▼ 4.56% PRIO3 57.20 ▲ 3.16% SUZB3 41.49 ▼ 0.14% RENT3 40.20 ▼ 2.19% AZZA3 19.22 ▲ 0.63% CSAN3 3.90 ▼ 4.18% RAIZ4 0.33 ▼ 5.71% PCAR3 2.59 ▼ 5.13% GMAT3 3.94 ▼ 0.76% PSSA3 54.04 ▼ 1.69% CVCB3 1.25 — 0.00% POSI3 3.99 ▲ 0.50% SLCE3 13.87 ▼ 1.07% NATU3 8.60 ▼ 0.92% BRKM5 6.94 ▲ 4.68% RANI3 7.95 ▼ 0.75% CSNA3 5.24 ▲ 1.16% CMIN3 5.45 ▲ 4.21% USIM5 8.38 ▼ 0.83% GGBR4 22.82 ▼ 0.83% ENEV3 26.88 ▼ 2.43% CPFE3 46.84 ▼ 2.15% CMIG4 11.07 ▼ 2.72% EQTL3 40.21 ▼ 1.71% LREN3 14.15 ▼ 3.21% VIVT3 34.73 ▼ 2.85% RAIL3 14.11 ▼ 1.74% KLABIN 17.48 ▼ 0.34% RAIA DROGASIL 18.20 ▼ 3.04% RDOR3 35.56 ▼ 1.28% HAPV3 10.46 ▼ 1.32% FLRY3 16.15 ▼ 1.64% SMTO3 16.37 — 0.00% UGPA3 30.93 ▲ 0.72% VBBR3 32.76 ▼ 0.73% BBSE3 40.28 ▼ 0.17% BPAC11 57.52 ▼ 2.06% CURY3 33.12 ▼ 3.19% AERI3 2.08 ▼ 0.48% VIVARA 23.11 ▼ 1.79% COMPASS 24.77 ▼ 2.86% VAMOS 3.02 ▼ 1.31% SANB11 27.37 ▼ 0.91% ASAI3 8.71 ▼ 1.80% SBSP3 30.37 ▼ 2.38% WALMEX 49.66 ▲ 0.69% GMEXICO 195.76 ▼ 1.74% FEMSA 225.36 ▲ 0.92% CEMEX 21.79 ▼ 0.32% GFNORTE 181.91 ▼ 2.51% BIMBO 55.97 ▼ 0.23% TELEVISA 9.58 ▼ 1.54% AMX 22.86 ▲ 0.70% GAP 407.66 ▼ 1.17% ASUR 278.66 ▼ 2.27% OMA 232.47 ▼ 1.70% KOF 181.26 ▲ 0.62% GRUMA 281.09 ▼ 0.87% KIMBER 38.20 ▲ 0.34% SQM-B 67,211 ▼ 0.80% COPEC 6,057 ▼ 1.33% BSANTANDER 78.20 ▼ 1.01% FALABELLA 5,905 — 0.00% ENELAM 84.20 ▼ 1.41% CENCOSUD 2,040 ▼ 0.25% CMPC 1,078 ▼ 2.80% BANCO CHILE 185.00 ▼ 2.05% LATAM AIR 24.90 ▼ 5.18% YPF 77,175 ▲ 3.73% GGAL 8,095 ▼ 2.88% PAMPA 5,225 ▲ 0.87% TXAR 661.50 ▼ 1.42% ALUAR 964.50 ▼ 1.13% TGS 9,580 ▼ 0.16% CEPU 2,324 ▼ 3.01% MIRGOR 17,050 ▼ 1.16% COME 44.85 ▼ 2.31% LOMA NEGRA 3,500 ▼ 2.30% BYMA 308.25 ▼ 1.83% TELECOM ARG 4,248 ▲ 0.06% ECOPETROL 15.88 ▲ 1.93% BANCOLOMBIA 80.42 ▼ 3.05% GRUPO AVAL 4.91 ▼ 3.16% CREDICORP 389.22 ▼ 2.89% SOUTHERN COPPER 174.53 ▼ 0.74% BUENAVENTURA 29.82 ▼ 0.60% MERCADOLIBRE 1,867 ▲ 0.81% NUBANK 13.67 ▼ 0.65% XP 16.37 ▼ 3.25% PAGSEGURO 9.28 ▲ 0.32% STONE 11.15 ▼ 0.54% GLOBANT 32.12 ▲ 7.21% TECNOGLASS 42.84 ▼ 2.41% GAP AIRPORT 232.77 ▼ 1.22% ASUR 278.66 ▼ 2.27% OMA AIRPORT 106.13 ▼ 1.77% AMX ADR 26.02 ▲ 0.04% FEMSA ADR 129.01 ▲ 1.06% CEMEX ADR 12.45 ▼ 0.24% PETROBRAS ADR 17.88 ▲ 3.23% VALE ADR 14.18 ▼ 1.94% ITAU ADR 8.47 ▼ 1.74% SANTANDER BR 5.34 ▼ 1.02% AMBEV ADR 3.06 ▼ 0.33% CSN 1.03 ▲ 1.49% GERDAU 4.49 ▼ 0.22% LATAM ADR 53.33 ▼ 5.53% BTC 62,618 ▲ 0.61% ETH 1,786 ▲ 0.70% SOL 75.04 ▲ 0.24% XRP 1.07 ▲ 0.29% BNB 569.64 ▲ 0.53% ADA 0.16 ▲ 0.87% DOGE 0.07 ▲ 0.36% AVAX 6.48 ▲ 0.56% LINK 7.93 ▲ 0.77% DOT 0.85 ▲ 1.13% LTC 43.75 ▲ 0.60% BCH 236.34 ▲ 0.04% TRX 0.32 ▲ 0.17% XLM 0.18 ▼ 1.33% HBAR 0.07 ▼ 0.82% NEAR 1.99 ▲ 3.51% ATOM 1.52 ▼ 0.98% AAVE 96.08 ▲ 1.82% SELIC 14.25% EMBRAER 83.01 ▼ 1.88% EMBRAER ADR 64.48 ▼ 2.32% JBS 11.80 ▼ 0.92% JBS BDR 60.61 ▼ 0.28% MBRF3 15.72 ▲ 1.09% MBRFY 3.03 ▲ 0.33% INTER 5.65 ▼ 2.92% IBOV 175,739 ▼ 1.20% IPSA 10,928 ▼ 1.17% IPC MEX 65,973 ▼ 0.79% MERVAL 3,235,295 ▼ 1.37% COLCAP 2,307.67 — UNCH BVL PERÚ 56,917.82 ▼ 0.86% USD/BRL 5.13 ▼ 0.12% USD/MXN 17.51 ▼ 0.12% USD/CLP 932.70 ▼ 0.02% USD/COP 3,245 ▼ 0.56% USD/PEN 3.40 ▼ 0.23% USD/ARS 1,482 ▼ 0.07% USD/UYU 40.22 ▲ 0.96% USD/PYG 6,045 ▲ 1.22% USD/BOB 10.35 ▲ 6.04% USD/DOP 58.37 ▲ 0.49% USD/CRC 448.53 ▲ 1.22% USD/GTQ 7.62 ▲ 2.07% USD/HNL 26.73 ▲ 1.41% USD/NIO 36.62 ▲ 0.63% USD/VES 722.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 0.70% USD/TTD 6.74 ▲ 1.05% EUR/BRL 5.85 ▲ 0.49% BRENT 86.74 ▲ 4.13% WTI 80.57 ▲ 3.11% IRON ORE 161.91 — — COPPER 6.39 ▲ 2.44% GOLD 4,028 ▲ 0.77% SILVER 58.40 ▲ 1.33% SOY 1,191 ▼ 0.96% CORN 459.00 ▲ 4.85% WHEAT 634.50 ▲ 1.20% COFFEE 336.00 ▼ 1.58% SUGAR 14.81 ▲ 0.41% ORANGE JUICE 137.15 ▼ 7.24% COTTON 82.00 ▲ 2.72% COCOA 5,766 ▲ 1.23% BEEF 230.83 ▼ 1.86% CATTLE 354.20 ▼ 0.11% LITHIUM 70.24 ▼ 2.88% PETR4 40.66 ▲ 2.55% VALE3 72.85 ▼ 1.79% ITUB4 43.52 ▼ 1.76% BBDC4 18.77 ▼ 0.48% ABEV3 15.83 ▲ 0.06% BBAS3 20.24 ▼ 1.65% B3SA3 15.12 ▼ 1.95% WEGE3 44.39 ▼ 4.56% PRIO3 57.20 ▲ 3.16% SUZB3 41.49 ▼ 0.14% RENT3 40.20 ▼ 2.19% AZZA3 19.22 ▲ 0.63% CSAN3 3.90 ▼ 4.18% RAIZ4 0.33 ▼ 5.71% PCAR3 2.59 ▼ 5.13% GMAT3 3.94 ▼ 0.76% PSSA3 54.04 ▼ 1.69% CVCB3 1.25 — 0.00% POSI3 3.99 ▲ 0.50% SLCE3 13.87 ▼ 1.07% NATU3 8.60 ▼ 0.92% BRKM5 6.94 ▲ 4.68% RANI3 7.95 ▼ 0.75% CSNA3 5.24 ▲ 1.16% CMIN3 5.45 ▲ 4.21% USIM5 8.38 ▼ 0.83% GGBR4 22.82 ▼ 0.83% ENEV3 26.88 ▼ 2.43% CPFE3 46.84 ▼ 2.15% CMIG4 11.07 ▼ 2.72% EQTL3 40.21 ▼ 1.71% LREN3 14.15 ▼ 3.21% VIVT3 34.73 ▼ 2.85% RAIL3 14.11 ▼ 1.74% KLABIN 17.48 ▼ 0.34% RAIA DROGASIL 18.20 ▼ 3.04% RDOR3 35.56 ▼ 1.28% HAPV3 10.46 ▼ 1.32% FLRY3 16.15 ▼ 1.64% SMTO3 16.37 — 0.00% UGPA3 30.93 ▲ 0.72% VBBR3 32.76 ▼ 0.73% BBSE3 40.28 ▼ 0.17% BPAC11 57.52 ▼ 2.06% CURY3 33.12 ▼ 3.19% AERI3 2.08 ▼ 0.48% VIVARA 23.11 ▼ 1.79% COMPASS 24.77 ▼ 2.86% VAMOS 3.02 ▼ 1.31% SANB11 27.37 ▼ 0.91% ASAI3 8.71 ▼ 1.80% SBSP3 30.37 ▼ 2.38% WALMEX 49.66 ▲ 0.69% GMEXICO 195.76 ▼ 1.74% FEMSA 225.36 ▲ 0.92% CEMEX 21.79 ▼ 0.32% GFNORTE 181.91 ▼ 2.51% BIMBO 55.97 ▼ 0.23% TELEVISA 9.58 ▼ 1.54% AMX 22.86 ▲ 0.70% GAP 407.66 ▼ 1.17% ASUR 278.66 ▼ 2.27% OMA 232.47 ▼ 1.70% KOF 181.26 ▲ 0.62% GRUMA 281.09 ▼ 0.87% KIMBER 38.20 ▲ 0.34% SQM-B 67,211 ▼ 0.80% COPEC 6,057 ▼ 1.33% BSANTANDER 78.20 ▼ 1.01% FALABELLA 5,905 — 0.00% ENELAM 84.20 ▼ 1.41% CENCOSUD 2,040 ▼ 0.25% CMPC 1,078 ▼ 2.80% BANCO CHILE 185.00 ▼ 2.05% LATAM AIR 24.90 ▼ 5.18% YPF 77,175 ▲ 3.73% GGAL 8,095 ▼ 2.88% PAMPA 5,225 ▲ 0.87% TXAR 661.50 ▼ 1.42% ALUAR 964.50 ▼ 1.13% TGS 9,580 ▼ 0.16% CEPU 2,324 ▼ 3.01% MIRGOR 17,050 ▼ 1.16% COME 44.85 ▼ 2.31% LOMA NEGRA 3,500 ▼ 2.30% BYMA 308.25 ▼ 1.83% TELECOM ARG 4,248 ▲ 0.06% ECOPETROL 15.88 ▲ 1.93% BANCOLOMBIA 80.42 ▼ 3.05% GRUPO AVAL 4.91 ▼ 3.16% CREDICORP 389.22 ▼ 2.89% SOUTHERN COPPER 174.53 ▼ 0.74% BUENAVENTURA 29.82 ▼ 0.60% MERCADOLIBRE 1,867 ▲ 0.81% NUBANK 13.67 ▼ 0.65% XP 16.37 ▼ 3.25% PAGSEGURO 9.28 ▲ 0.32% STONE 11.15 ▼ 0.54% GLOBANT 32.12 ▲ 7.21% TECNOGLASS 42.84 ▼ 2.41% GAP AIRPORT 232.77 ▼ 1.22% ASUR 278.66 ▼ 2.27% OMA AIRPORT 106.13 ▼ 1.77% AMX ADR 26.02 ▲ 0.04% FEMSA ADR 129.01 ▲ 1.06% CEMEX ADR 12.45 ▼ 0.24% PETROBRAS ADR 17.88 ▲ 3.23% VALE ADR 14.18 ▼ 1.94% ITAU ADR 8.47 ▼ 1.74% SANTANDER BR 5.34 ▼ 1.02% AMBEV ADR 3.06 ▼ 0.33% CSN 1.03 ▲ 1.49% GERDAU 4.49 ▼ 0.22% LATAM ADR 53.33 ▼ 5.53% BTC 62,618 ▲ 0.61% ETH 1,786 ▲ 0.70% SOL 75.04 ▲ 0.24% XRP 1.07 ▲ 0.29% BNB 569.64 ▲ 0.53% ADA 0.16 ▲ 0.87% DOGE 0.07 ▲ 0.36% AVAX 6.48 ▲ 0.56% LINK 7.93 ▲ 0.77% DOT 0.85 ▲ 1.13% LTC 43.75 ▲ 0.60% BCH 236.34 ▲ 0.04% TRX 0.32 ▲ 0.17% XLM 0.18 ▼ 1.33% HBAR 0.07 ▼ 0.82% NEAR 1.99 ▲ 3.51% ATOM 1.52 ▼ 0.98% AAVE 96.08 ▲ 1.82% SELIC 14.25% EMBRAER 83.01 ▼ 1.88% EMBRAER ADR 64.48 ▼ 2.32% JBS 11.80 ▼ 0.92% JBS BDR 60.61 ▼ 0.28% MBRF3 15.72 ▲ 1.09% MBRFY 3.03 ▲ 0.33% INTER 5.65 ▼ 2.92%
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Tuesday, July 14, 2026

Africa Eastern Africa

New Somaliland President to Review Ethiopia Port Deal

By · November 19, 2024 · 2 min read

Africa Intelligence

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Abdirahman Mohamed Abdullahi, known as “Irro,” has won Somaliland’s presidential election with 63.92% of the votes.

His victory over incumbent Muse Bihi Abdi marks a significant shift in the self-declared republic’s political landscape. The peaceful election on November 13, 2024, showcased Somaliland’s commitment to democratic processes.

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Irro’s leadership represents a departure from Bihi’s administration, which faced criticism for exacerbating clan divisions and failing to address economic issues.

The new president positions himself as a unifying figure, promising to focus on economic revitalization and mending social divides. A key challenge for Irro’s presidency is navigating the controversial agreement with Ethiopia.

This deal grants Ethiopia access to Somaliland‘s coastline in exchange for potential recognition of independence. While offering economic benefits, it has strained relations with Somalia, which views it as a violation of its sovereignty.

New Somaliland President to Review Ethiopia Port Deal
New Somaliland President to Review Ethiopia Port Deal. (Photo Internet reproduction)
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Irro has expressed willingness to engage in dialogue with Somalia regarding this agreement, contrasting with Bihi’s more confrontational approach.

Somaliland’s New Leadership and Regional Dynamics

This stance may signal a desire for improved regional relations while still pursuing Somaliland’s interests. The Ethiopia-Somaliland port deal has profound implications for regional dynamics.

It provides Ethiopia with crucial access to the Red Sea, enhancing its economic and military strategy. However, it complicates Somaliland’s relationship with Somalia, potentially escalating tensions in the Horn of Africa.

As Irro takes office, he faces significant challenges. Addressing economic issues such as unemployment and inflation is critical for gaining public support.

Additionally, he must balance Somaliland’s aspirations for statehood with the realities of regional politics. Irro’s presidency offers an opportunity for change following years of divisive politics.

His approach to regional diplomacy and economic development will significantly shape Somaliland’s future trajectory. The international community closely monitors these developments.

They could significantly impact stability and cooperation in the strategically important Horn of Africa region. In summary, Abdirahman Mohamed Abdullahi “Irro” stands at a crossroads for Somaliland.

His leadership will be crucial in addressing internal challenges while navigating complex regional relationships, particularly with Ethiopia and Somalia.

The success of his administration could have far-reaching implications for Somaliland’s quest for recognition and its role in the region.

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