My Financial News from Somalia, Finance

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Somalia , Thursday 15 October 2026

News Somalia Finance: Somalia: Puntland's Finance Minister blamed for corruption

Published on: Monday 25 June 2018
Somalia: Puntland's Finance Minister blamed for corruption
News source: https://www.garoweonline.com/en/news/puntland/somalia-puntlands-finance-minister-blamed-for-corruption

GALKAYO, Puntland - The Minister of Finance for Somalia's northeastern Federal Member State of Puntland, Abdullahi Sa'eed Aarshe has been accused of massive corruption, Garowe Online reports. Puntland ...

News Somalia Finance: Somalia Adopts Whole-of-Government Approach to Mobilise Climate Finance through National Climate Fund

Published on: Wednesday 27 August 2025
Somalia Adopts Whole-of-Government Approach to Mobilise Climate Finance through National Climate Fund
News source: https://www.garoweonline.com/index.php/en/news/press-releases/somalia-adopts-whole-of-government-approach-to-mobilise-climate-finance-through-national-climate-fund

Somalia has advanced its climate agenda with the launch of the Somali Climate Finance Trial and the official start of the National Climate Fund (NCF), a move aimed at improving the country’s ability ...

News Somalia Finance: Somalia secures $4.5 billion debt relief deal with international creditors

Published on: Wednesday 13 December 2023
Somalia secures $4.5 billion debt relief deal with international creditors
News source: https://finance.yahoo.com/news/somalia-secures-4-5-billion-201516858.html

Somalia on Wednesday secured a $4.5 billion debt relief deal from its international creditors, the International Monetary Fund and World Bank said, which will allow the nation to develop economically and take on new projects. The deal comes as part of a debt forgiveness program —called the Heavily Indebted Poor Countries initiative— overseen by both organizations. As a result of its participation in the program, Somalia’s external debt will fall from 64 percent of GDP in 2018 to less than 6 percent of GDP by the end of 2023, the IMF and World Bank say in a joint news release.

News Somalia Finance: 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...

News Somalia Finance: Airstrike in Somalia kills finance chief of al-Shabaab terrorist group

Published on: Tuesday 27 January 2026
Airstrike in Somalia kills finance chief of al-Shabaab terrorist group
News source: https://www.aa.com.tr/en/africa/airstrike-in-somalia-kills-finance-chief-of-al-shabaab-terrorist-group/3812323

Somalia’s intelligence agency, in collaboration with int'l partners, carried out planned operation in Lower Shabelle, ‘eliminating’ Abdullahi Hassan Abdi Cosoble - Anadolu Ajansı ...

News Somalia Finance: Famine risk rises in Somalia as rains fail, food prices soar - U.N

Published on: Monday 06 June 2022
Famine risk rises in Somalia as rains fail, food prices soar - U.N
News source: https://www.msn.com/en-us/news/world/famine-risk-rises-in-somalia-as-rains-fail-food-prices-soar-un/ar-AAYaCzy

Nearly a quarter of a million people are facing starvation in Somalia as a drought worsens and global food prices hover near record highs, United Nations agencies said on Monday. The agencies said a ...

News Somalia Finance: Somalia’s New President

Published on: Thursday 19 May 2022
Somalia’s New President
News source: https://foreignpolicy.com/2022/05/18/somalia-president-election-mohamud-farmaajo/

Now he’s using archaic laws to stifle free speech. Africa Brief: Somalia’s New President Somalia’s New President... | View Comments () Welcome to Foreign Policy’s Africa Brief. The ...

News Somalia Finance: Somalia's government spokesperson wounded in suicide bombing

Published on: Saturday 15 January 2022
News source: https://finance.yahoo.com/news/somalias-government-spokesperson-wounded-suicide-130843516.html

Somalia’s government spokesperson has been wounded in a suicide bombing that the al-Shabab extremist group has claimed responsibility for ...

News Somalia Finance: Somalia: Another Round Of Redemption And Extension

Published on: Thursday 20 January 2022
News source: https://www.strategypage.com/qnd/somalia/articles/20220121.aspx

Now Somalia has another extension for the peacekeepers, which has not yet been voted on by UN members.

News Somalia Finance: Somalia - Telecoms, Mobile and Broadband - Statistics and Analyses

Published on: Thursday 20 January 2022
News source: https://finance.yahoo.com/news/somalia-telecoms-mobile-broadband-statistics-113400747.html

Somalia’s telcos pass deadline for securing licensesSydney, Jan. 21, 2022 (GLOBE NEWSWIRE) -- Just released, this edition of BuddeComm report outlines the latest developments and key trends in the ...