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Emerges

Salaam Somali Bank Emerges as Game-Changer, Boosting Somalia’s Banking Sector

Banking on Recovery: How Salaam Somali Bank is Center Stage in Somalia’s Economic Reinvention In a country where the pulse of daily life is often set by drought cycles, clan politics and the steady flow of money from abroad, a bank has quietly become a barometer of Somalia’s recovery. Salaam Somali Bank (SSB), reconstituted in 2009 after decades of state collapse, is positioning itself as more than a commercial lender: it is a public utility, a bridge to the diaspora, and a partner in climate resilience. From…

Report: IS-Somalia Emerges as Financial Center; Leader May Ascend to Top IS Position

According to a report, IS-Somalia manages to fund terrorist activities in multiple African nations. Omar Mahmood, a senior researcher with the International Crisis Group (ICG), remarked that IS-Somalia's influence extends beyond Somalia's borders to a greater extent than that of al-Shabab. "Al-Shabab is undeniably a larger menace," conveyed Mahmood. "However, IS-Somalia has endured significant challenges and established itself within the broader Islamic State network, particularly as a crucial financial hub among its…

Mogadishu University Emerges Victorious in Somali IHL Competition, Moves Forward to All Africa Finals

Mogadishu (AX) — Shazam! Mogadishu University clinched victory in the Somali International Humanitarian Law (IHL) Competition and will now wave Somalia’s flag at the All Africa IHL Competition in Nairobi this November. The showdown, which happened on Wednesday in Mogadishu, marked the first in-person gathering after a couple of years of virtual reality. Mogadishu University outperformed Somali National University in a tense and gripping final match-up.This dynamic contest, crafted by the International Committee of the Red…

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