The Somali financial sector comprises 13 licensed Commercial Banks, 4 Mobile Money Operators, and 2 International banks that cater to client deposits. Despite the presence of financial institutions, public trust in the banking sector is relatively low due to, among other things, the lack of deposit insurance or guarantees for customer savings and deposits

Qaybta maaliyadda Soomaaliya waxa ay ka kooban tahay 13 licensed Commercial Banks, 4 Mobile Money Operators, and 2 International banks oo bixiyo adeegyada dhigaalka.

On March 19, a drone strike outside Mogadishu reportedly killed more than 20 people, including children. Citing two security sources, the Washington Post reported that “the strike was carried out by a Turkish drone,” adding, “Turkey routinely carries out drone strikes in Somalia in support of Somali government forces.” United States Africa Command (AFRICOM), which is responsible for U.S. military strikes in Somalia, told me and other media sources that the U.S. did not carry out the strike.

Jigjiga (HOL) - More than 350 chickens died in coops in the town of Godey, located in the Somali Region of Ethiopia, on Tuesday due to an extreme heatwave.

Toronto (HOL) - Toronto police have confirmed the identity of a man killed in a daylight shooting in the city's Weston area as community concerns about violence continue to grow. Mohamud Abdi Duale, 32, was fatally shot near Lawrence Avenue West and Ralph Street late Sunday afternoon

Most of the beds at the labour ward of Kihara Level 4 Hospital on the outskirts of the Kenyan capital, Nairobi, are empty.

Toronto, (HOL) — Several murders have been reported in Canadian cities with Somali populations in recent days, according to police investigations.

Mogadishu (HOL) - Somali President Hassan Sheikh Mohamud visited the army training schools of TurkSom, General Dhaga-Badan, and General Daud camps in Mogadishu on Monday to inspect army units departing for the front lines and high-level training for Turkey.

MOGADISHU, Somalia — Somali pirates have released the MV Abdullahi, a Bangladeshi-flagged freighter, after receiving a $5 million ransom, according to statements from two of the pirates involved.

In the past – a rushed plate of chips and sausage at lunch time – was the norm whenever one visited the Nairobi town.

Garowe (HOL) — Puntland Vice President Osman Ilyas Lugator has argued that Somalia's governance system was transformed into an autocratic regime after 30 years, with the country's power centralized in the president's office.

Nearly 60 people have died since the start of this month in heavy rains and flooding that has hit several parts of Tanzania, the government said.

Andy Robertson insisted Liverpool will «keep fighting» despite their Premier League title hopes suffering a huge blow as they fell to a 1-0 defeat by Crystal Palace at Anfield.

Beledweyne (HOL) - At least five al-Shabab militants were killed in heavy fighting between Somali army forces, supported by local forces, and the militants on the road between Bulaburte and Halgan districts in the Hiiraan region on Sunday.

They are Assel Herrera Correa and Landy Rodríguez Hernández, kidnapped by al Shabaab but who according to the jihadist group were killed in a raid carried out by the United States

Amsterdam (HOL) — Abdi Nageeye, the Olympic silver medalist from the Netherlands, reclaimed his title in dramatic fashion, setting a new Dutch record with a time of 2:04:45, improving his previous best by 11 seconds.

Somalia is banking on new opportunities coming out of recent debt relief to seek new credit lines and open up for trade.

Beledweyne (HOL) - The Somali army forces, supported by international partners, conducted an airstrike near the Buulaburte district of the Hiiran region on Saturday night, killing several al-Shabab militants.

The shape, size and scope of a new force to secure Somalia — after the exit of the current African Union peacekeeping mission at the end of this year — remain unknown as it emerges that the Horn of Africa nation is yet to submit its plan before the United Nations Security Council (UNSC) for consideration.

Somali pirates have released a hijacked ship, MV Abdullah, and its crew of 23 after a $US5 million ($A7.7 million) ransom was paid, according to two pirates.

The Kingdom of Saudi Arabia, through its humanitarian arm King Salman Humanitarian Aid and Relief Centre (KSrelief), has been providing various forms of relief and humanitarian assistance to needy people worldwide.

Kenyan President William Ruto has launched a compensation scheme for victims of wildlife attacks to help them rebuild their livelihoods and meet hefty medical bills.

Mogadishu (HOL) - The newly appointed Minister of Internal Security, Abdullahi Sheikh Ismail Fartag, has declared that the federal government will eradicate al-Shabab militants from regional states by April of next year, 2025.

Iran has launched hundreds of missiles and drones at Israel in its first direct attack on Israeli territory, in a retaliatory assault that wounded a seven-year-old girl and caused minor damage at an Israeli military facility.

SYDNEY — Police have identified the assailant who stabbed six people to death at a busy Sydney shopping center before he was fatally shot by a police officer.

Brussels (HOL) — Somalia's Minister of Education, Culture, and Higher Education, Farah Sheikh Abdikadir, recently spoke at the Global Gateway High-Level Event on Education in Brussels, Belgium. This event, co-hosted by the European Commission and the Belgian Presidency of the Council of the EU, focused on the critical role of educational transformation in global development.

Countries including France, India, Russia, Poland and the United Kingdom have warned their citizens against travelling to Israel, the occupied Palestinian territories and, in some cases, the wider region amid threats of an Iranian attack in response to a strike this month on its consulate in Damascus.

Baidoa (HOL) - At least two people were killed and several others wounded in inter-clan fighting in the Burhakaba district of the Bay region on Sunday morning, according to residents.

Mogadishu (HOL) - The commander of the Somali National Army, Major General Ibrahim Sheikh Muhyadin Addow, has revealed that government forces will resume military operations against al-Shabab in south and central Somalia in the coming weeks.

Police in Ethiopia have arrested 13 suspects over the killing of a prominent opposition figure from the restive state of Oromia, official regional media reported.

NAIROBI — A high-stakes meeting in Nairobi between Somalia's former President Sheikh Sharif Sheikh Ahmed and current President Hassan Sheikh Mohamud, aimed at addressing the country's ongoing political and constitutional crises, concluded without a resolution despite lengthy discussions.

30-year-old Ibrahim Abdikarim has been identified as the deceased, police say

London (HOL) — As the 77th Cannes Film Festival approaches, anticipation is building for the Somali film «The Village Next to Paradise,» directed by Mo Harawe. Set to be showcased between May 14 and 25, 2024, the film is poised to draw global attention with its authentic portrayal of Somali life.

The United States has extended the national emergency, declared in 2010, for another year regarding the situation relating to Somalia, which continues to represent an «unusual and extraordinary» threat to US national security and foreign policy.

NAIROBI (Reuters) - Somalia will never accept Ethiopia's plan to build a naval base in its breakaway region of Somaliland, but would consider granting Ethiopia commercial port access if discussed bilaterally, a senior Somali official said on Friday.