Mogadishu Traders Protest Against Excessive Fees Amid Market Shutdown The main market in Mogadishu’s Hamarweyne district has been closed for...

Somalia’s Parliament Approves National Payment System Bill Somalia ’s Lower House of Parliament has approved the long-awaited National Payme...

 Somalia and Germany Sign €75 Million Development Cooperation Agreement The Somali government and the Federal Republic of Germany have signe...

  Yemen and Somalia Strengthen Ties in Maritime, Air Transport, and Security Cooperation Yemen’s Minister of Transport, Dr. Abdisalam Hamid,...

The Closure of USAID Deeply Impacts Somalia’s Economy The closure of the U.S. Agency for International Development ( USAID ) earlier this ye...

Mogadishu Port: Powering Somalia’s Economic Comeback and Regional Trade Integration Somalia ’s largest harbour, the Port of Mogadishu, is fa...

  Zamzam University Leads Somalia’s Fight Against Food Insecurity Zamzam University of Science and Technology (ZUST) in Mogadishu is taking...

Somalia Launches National Business and Economic Survey The National Bureau of Statistics has launched Somalia’s annual National Business an...

  Somalia’s Push for New Banknotes: A Step Toward Economic Stability Somalia’s federal government has announced that it needs an additiona...

Somalia Struggles to Fund Printing of New Currency Mogadishu – Somalia’s federal government is facing major challenges in its efforts to pri...

UK Plans to Raise or Scrap £100 Contactless Card Payment Limit   The UK’s Financial Conduct Authority ( FCA ) has proposed new rules that c...

  Mogadishu Port Expansion: A New Era for Somalia’s Trade Somalia has taken another major step toward economic growth and regional integrati...

Somalia’s Entry into the EAC: A New Economic Opportunity Somalia’s recent admission into the East African Community (EAC) is more than a dip...

 The Hidden Costs of Frugality Frugality is widely regarded as a valuable habit that encourages people to save money and spend wisely. Howev...

Somalia Launches Climate Finance Framework with First National Climate Fund Steering Committee Meeting   The Federal Government of Somalia ...

  U.S. Remittance Tax Threatens Somalia’s Economic Lifeline A new U.S. tax targeting money transfers is raising alarm across the developing ...

🇸🇴 Somalia Gets $10 Million IMF Boost to Support Economic Reforms   On July 10, 2025 , the International Monetary Fund (IMF) approved a n...

Somalia and Turkey Sign Strategic MoU to Boost African Maritime Trade In a significant step toward regional development, Somalia ’s Ministry...