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Somalia’s Development Bank Prioritizes Governance to Strengthen Public Trust

Somalia’s development bank taps Deloitte for first-ever audit as it pivots from aid to investment The Somali Development and Reconstruction Bank has hired Deloitte for its first external audit, a landmark step for the state-owned lender as it seeks to cement transparency, strengthen governance and attract global investor confidence. SDRB said the independent audit began in December and will culminate in a published report in early 2026. The engagement with Deloitte covers not only financial statements but also internal…