My Financial News from Somalia

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Somalia , Thursday 16 April 2026

News Somalia: Somalia warns against any Israeli base plans on Somaliland

Published on: Thursday 12 March 2026
Somalia warns against any Israeli base plans on Somaliland
News source: https://www.aljazeera.com/news/2026/3/12/somalia-warns-against-any-israeli-base-plans-on-somaliland

Somali minister tells Al Jazeera Israeli base plans in Somaliland risk dragging Somalia into ‘external confrontations’.

News Somalia: Somalia shows interest in acquiring JF-17 fighters from Pakistan

Published on: Tuesday 10 March 2026
Somalia shows interest in acquiring JF-17 fighters from Pakistan
News source: https://defenceweb.co.za/aerospace/aerospace-aerospace/somalia-shows-interest-in-acquiring-jf-17-fighters-from-pakistan/

Recent reports indicate Somalia is negotiating with Pakistan to purchase 24 JF-17 Block III fighter jets, following Somali Air Force Commander Mohamud Sheikh ...

News Somalia: Al-Shabaab seizes key town as Somalia marks 65 years of independence

Published on: Thursday 06 March 2025
Al-Shabaab seizes key town as Somalia marks 65 years of independence
News source: https://www.garoweonline.com/en/news/somalia/al-shabaab-seizes-key-towns-as-somalia-marks-65-years-of-independence

Even as Somalia celebrates its 65th independence day, the country continues to lose strategic towns to Al-Shabaab fighters, in yet another indication of struggles on the frontlines over the last three ...

News Somalia: Twin operations in Somalia kill more than 22 al-Shabaab terrorists

Published on: Friday 13 March 2026
Twin operations in Somalia kill more than 22 al-Shabaab terrorists
News source: https://www.aa.com.tr/en/africa/twin-operations-in-somalia-kill-more-than-22-al-shabaab-terrorists/3864120

MOGADISHU, Somalia . The Somali National Intelligence and Security Agency (NISA) said Saturday that it carried out twin operations against the al-Shabaab terror group in the centr ...

News Somalia: Somalia denies U.S. allegation that it destroyed food aid warehouse

Published on: Thursday 08 January 2026
Somalia denies U.S. allegation that it destroyed food aid warehouse
News source: https://www.latimes.com/world-nation/story/2026-01-08/u-s-suspends-assistance-to-somalias-federal-government-alleging-it-seized-food-aid

The U.S. State Department said Wednesday that it has suspended all assistance from Washington to Somalia’s federal government over the allegations, saying the Trump administration has "a zero-tolerance policy for waste, theft and diversion of life-saving assistance.”

News Somalia: UN urges Somalia to up investment in fight against gender-based violence

Published on: Sunday 24 November 2024
UN urges Somalia to up investment in fight against gender-based violence
News source: https://www.standardmedia.co.ke/africa/article/2001507023/un-urges-somalia-to-up-investment-in-fight-against-gender-based-violence

President William Ruto receives his Somalia counterpart Hassan Sheikh Mohamud at State House Nairobi. President Ruto said that Kenya reaffirms its commitment to working with Somalia to furthering ...

News Somalia: Climate Change Could Shrink Somalia’s Economy by 13.5% by 2060, World Bank Says

Published on: Tuesday 10 March 2026
Climate Change Could Shrink Somalia’s Economy by 13.5% by 2060, World Bank Says
News source: https://www.ecofinagency.com/news/1003-53616-climate-change-could-shrink-somalia-s-economy-by-13-5-by-2060-world-bank-says

Climate change could reduce Somalia’s GDP by up to 13.5% by 2060, according to a World Bank report. Agriculture accounts for more than 70% of GDP and employs about 80% of the workforce, making the ...

News Somalia: EU Bolsters Humanitarian Aid for Somalia Amid Ongoing Crises

Published on: Thursday 26 February 2026
EU Bolsters Humanitarian Aid for Somalia Amid Ongoing Crises
News source: https://www.devdiscourse.com/article/health/3818844-eu-bolsters-humanitarian-aid-for-somalia-amid-ongoing-crises

The European Union is donating €63 million in humanitarian aid to Somalia, focusing on critical health and nutrition services. This latest funding brings the EU's total aid to Somalia since 2017 to over €750 million. The urgency of the aid comes as existing food programs face termination without new funds.

News Somalia: EU Announces €63 Million to Support Somalia as Aid Funds Shrink

Published on: Thursday 26 February 2026
EU Announces €63 Million to Support Somalia as Aid Funds Shrink
News source: https://www.ecofinagency.com/news/2602-53307-eu-announces-63-million-to-support-somalia-as-aid-funds-shrink

EU allocates €63 million humanitarian aid to Somalia WFP warns programs could halt without $95 million 6.5 million Somalis face food insecurity The European Union on Thursday announced 63 million ...

News Somalia: The Somalia and Eritrea monitoring group uncovers a web of deceit and financial mismanagement

Published on: Thursday 21 August 2014
The Somalia and Eritrea monitoring group uncovers a web of deceit and financial mismanagement
News source: https://garoweonline.com/en/news/the-somalia-and-eritrea-monitoring-group-uncovers-a-web-of-deceit-and-financial-mismanagement-by-the-somali-federal-government

The Somalia and Eritrea Monitoring Group, UN-SEMG, has finally published its much-awaited report on the Federal Government of Somalia’s (henceforth FGS) dubious and exclusive contract with Shulman ...

News Somalia: Somalia signs financial cooperation with Turkey

Published on: Tuesday 29 October 2024
Somalia signs financial cooperation with Turkey
News source: https://www.garoweonline.com/en/news/somalia/somalia-signs-financial-cooperation-with-turkey

MOGADISHU, Somalia - The Federal Republic of Somalia has signed a financial cooperation agreement with Turkey, in yet another indication of growing ties between the two countries, whose relationship ...

News Somalia: Somalia’s Financial Development Receives Boost As Salaam Somali Bank Emerges Game Changer

Published on: Friday 26 September 2025
Somalia’s Financial Development Receives Boost As Salaam Somali Bank Emerges Game Changer
News source: https://www.garoweonline.com/index.php/en/news/somalia/somalia-s-financial-development-receives-boost-as-salaam-somali-bank-emerges-game-changer

In a nation charting a course of sustained economic recovery, one institution stands as both a testament to resilience and a catalyst for growth: Salaam Somali Bank (SSB). From its headquarters in ...

News Somalia: Somalia: Jubaland president strikes deal with rivals amid Gedo tensions

Published on: Wednesday 03 June 2020
Somalia: Jubaland president strikes deal with rivals amid Gedo tensions
News source: https://garoweonline.com/en/news/somalia-jubaland-president-strikes-deal-with-rivals-amid-gedo-tensions

NAIROBI, Kenya - Jubaland President Ahmed Madobe has reached a truce with his two main rivals, sources say, in a move that could change the matrix of the geopolitical landscape of the ever fragile ...

News Somalia: Somali businesses struggle during the Minneapolis ICE crackdown

Published on: Saturday 17 January 2026
Somali businesses struggle during the Minneapolis ICE crackdown
News source: https://www.wfmz.com/business/somali-businesses-struggle-during-the-minneapolis-ice-crackdown/article_8dd4a323-2586-543e-a4cb-2dd2b5335394.html

A view of the 24 Somali Mall in Minneapolis, Thursday, Jan. 15, 2026. (AP Photo/Abbie Parr) A view of the 24 Somali Mall in Minneapolis, Thursday, Jan. 15, 2026. (AP Photo/Abbie Parr) A view of the 24 ...

News Somalia: Interview: Somalia PM says ready for business

Published on: Wednesday 18 March 2015
Interview: Somalia PM says ready for business
News source: https://www.garoweonline.com/en/news/somalia/interview-somalia-pm-says-ready-for-business

Doha, Qatar - Most would agree that being the prime minister of Somalia is a tough job. Omar Abdirashid Ali Sharmarke has taken it on twice, first in 2009/2010 and then again from December last year.

News Somalia: Somalia: Puntland calms currency devaluation protests

Published on: Monday 04 July 2016
Somalia: Puntland calms currency devaluation protests
News source: https://garoweonline.com/en/news/somalia-puntland-calms-currency-devaluation-protests

GAROWE, Somalia-Officials in Somalia’s North Eastern State of Puntland have calmed angry crowds down, asking protesters to open the doors for their businesses on Saturday, GaroweOnline reports. Fruit ...

News Somalia: Somalia to resume printing currency this year

Published on: Friday 01 December 2017
Somalia to resume printing currency this year
News source: https://www.garoweonline.com/en/news/somalia-to-resume-printing-currency-this-year

Somalia intends to resume printing banknotes this year for the first time since the government collapsed in 1991. The governor of Somalia’s central bank, Bashir Issa Ali, told VOA in an exclusive ...

News Somalia: Airstrike in Somalia kills al-Shabaab’s finance chief

Published on: Tuesday 27 January 2026
Airstrike in Somalia kills al-Shabaab’s finance chief
News source: https://news.az/news/airstrike-in-somalia-kills-al-shabaabs-finance-chief

Somalia’s National Intelligence and Security Agency (NISA) announced on Tuesday that it had killed a senior al-Shabaab commander in an airstrike...