Society

Somalia unveils risk panel as banking sector expands

Mogadishu (Somalia Today) — Somalia has set up its first Financial Stability Committee, giving the central bank a dedicated risk panel just as banking...

Society

Germany grants full status to Somalia’s diplomatic passport

Berlin (Somalia Today) — Germany has formally recognised Somalia’s diplomatic passport for entry and residence, Somali officials said on Wednesday, in a notable shift...

Society

Trump to target Somalis in ICE operation in Twin Cities

Minneapolis (Somalia Today) — Federal authorities are rolling out an intensive immigration operation in Minnesota that will focus on Somali immigrants in the Minneapolis–St....

Society

US Treasury investigates alleged Minnesota al-Shabaab funding

Washington (Somalia Today) — US Treasury Secretary Scott Bessent said Tuesday that his department has opened an investigation into allegations that fraudsters in Minnesota...

Society

US FinCEN alert puts Somali hawala under fresh glare

Washington (Somalia Today) — U.S. financial crime authorities have issued a new alert on cross-border transfers by undocumented migrants, putting fresh glare on Somali-run...

Society

Somalia seeks end to de-risking and dollar squeeze

Mogadishu (Somalia Today) — Somalia’s central bank governor is urging global lenders to restore direct dollar links to the country, warning that years of...

Security

Al-Shabaab hits back at Trump over Minnesota funding claims

Mogadishu (Somalia Today) — Somalia’s Al-Qaeda-linked group Al-Shabaab has rejected fresh claims from U.S. President Donald Trump that Somali residents of Minnesota funnel money...

Society

Somalia unveils plan for new global-standard Mogadishu port

London (Somalia Today) — Somalia plans to start building a new international-standard seaport in Mogadishu next year, the country’s ports minister told a global...