Honored to join discussions at George Washington University on how governments can foster innovation and entrepreneurship in Africa. I highlighted the role of policymakers in unlocking youth potential by creating inclusive platforms that promote innovation and entrepreneurship.

Today we successfully finalised the 3rd review of the ECF Program policy discussions with the IMF. From all our discussions, it is evident that we are making steady progress on domestic revenue mobilisation, public financial management, financial sector reforms, and public

The Central Bank of Somalia has signed an MoU with the Central Bank of Djibouti Banque Centrale de Djibouti to strengthen cross-border regulatory cooperation. This partnership enhances AML/CFT collaboration, fosters supervisory coordination, and deepens regional financial integration. #CBS #BCD

𝐂𝐁𝐒 𝐁𝐨𝐚𝐫𝐝 𝐨𝐟 𝐃𝐢𝐫𝐞𝐜𝐭𝐨𝐫𝐬 held its ordinary meeting on 𝟐𝟗 𝐉𝐮𝐧𝐞 𝟐𝟎𝟐𝟓. Key decisions included: •Re-licensing of a Mobile Money Service Provider •Revision of mandates and structure of key executive management committees The Board also reviewed financial

The Central Bank of Somalia officially launches the licensing process for Takaful service providers (Islamic insurance). A key step towards a stable Shariah-compliant insurance sector. Click here to access the full press release: shorturl.at/90232 #CentralBank

𝐓𝐡𝐞 𝐂𝐞𝐧𝐭𝐫𝐚𝐥 𝐁𝐚𝐧𝐤 𝐨𝐟 𝐒𝐨𝐦𝐚𝐥𝐢𝐚 announces that effective 1 Sept 2025, all bank new account openings in Banadir Region require a valid NIRA-issued National ID. This measure strengthens eKYC and combats illicit transactions. For more info, please read the ful

Honoured to host H.E. Pier Mario Daccò Coppi, the Italian Ambassador to Somalia, at the CBS today. I led a tour of our facilities and discussed ongoing reforms, reflecting the long-standing Somalia-Italy friendship. We appreciate Italy’s consistent support to our state-building.

H.E. Dr. Fahad M. Alturki, Director General Chairman of the Board of the #ArabMonetaryFund held a bilateral meeting with H.E. Mr. Bihi Iman Egeh, Minister of Finance of the Federal Republic of Somalia, and H.E. Mr. Abdi Mohamed Abdullahi, Governor of the Central Bank of #Somalia,

At the MENAP Ministers of Finance & Central Bank Governors meeting with the IMF MD in DC, I called for stronger regional cooperation on cross-border payments to cut costs, expand access, and deepen intermediation. I reiterated Somalia’s readiness to partner with regional members.

Glance at CBS reforms in recent years: Digital payments infrastructure, expanded regional services, risk-based supervision, and stronger AML/CFT. Watch this short video for CBS’s journey toward a safer, more efficient financial system in Somalia. centralbank.gov.so/wp-content/upl…

I sincerely thank the Prime Minister and the Council of Ministers for approving the revised Central Bank of Somalia Law. I also commend the Governor of the Central Bank of Somalia and his team for their relentless efforts in this process. This important milestone strengthens

A major milestone for Somalia’s financial sector: CBS has issued the first-ever licenses for Takaful services, bringing the insurance sector under a Shari’ah-compliant supervisory framework and strengthening consumer protection and confidence.

Honored to join fellow African central bank leaders at the Governors’ Roundtable of the Inclusive FinTech Forum 2026 in Kigali to discuss digital finance, innovation, and the regulatory positioning needed for Africa’s next digital economy. #InclusiveFinTechForum2026 Abo-hmmam

Governor Abdullahi joined fellow African Central Bank Governors at the Roundtable during the FinTech Forum Conference in Kigali, underscoring that Africa’s financial future will be shaped not only by innovation, but by strong institutions, interoperable infrastructure, effective

On the sidelines of #IFF2026, Governor Soraya M. Hakuziyaremye had a bilateral meeting with the Governor of Central Bank of Somalia Mr. Abdirahman M. Abdullahi. Discussions focused on strengthening cooperation between the two Central Banks. Both Governors reiterated their shared vision to

An important milestone for CBS in strengthening information security, resilience, and alignment with international best practice.👏