Somalia introduces modern digital identification to enhance banking services

Somalia has introduced a national digital identification aimed at enhancing its banking services across the country.

This follows a partnership between the National Identification and Registration Authority (NIRA) and the Somali Bankers Association (SBA).

NIRA Director General Abdiwali Tima’adde said the partnership will advance Somalia’s economy while aligning business practices with global standards and reducing financial risks such as fraud and money laundering.

“The partnership’s agenda also includes discussions on the implications of this collaboration, the strategic plan to bring registration and National ID issuance closer to the public, and the critical contributions of key stakeholders in driving economic development and ensuring access to modern, secure financial services that comply with international standards,” said Mr Tima'adde.

The landmark agreement represents a major milestone in advancing Somalia’s economic and financial landscape.

Mr Tima'adde said the collaboration aims to integrate the Somali National ID system with the banking sector, marking a significant step toward fostering inclusive economic growth and enhancing financial security.

This achievement he said, would not have been possible without the generous support of the World Bank, whose contributions have been crucial in the successful implementation of the Somali National ID system.