Somali

Salaam Somali Bank has provided free microfinance to small businesses in the country's central city of Abudwak in the Galgadud region as part of the second phase Qardu Hassan, which aims to boost the economy. On Sunday, the bank's branch in the city offered free microfinance to small Somali traders, including women, with the aim of helping to expand their business amid the devastating Covid-19 pandemic. On the occasion, the recipients of Salaam Somali Bank's free microfinance said they were grateful to the bank for the…

The African Union Mission in Somalia (AMISOM) handed over control of the Afgoye military base to the Somali National Army (SNA) as part of plans to secure the transfer of security responsibilities to Somali forces. Afgoye city was removed from Al-Shabaab's control in May 2012 in a joint operation by AMISOM and SNA. The city, located along the main supply route to northern, western and southern Somalia, had since been secured by AMISOM's Ugandan troops. The base was handed over on Wednesday by AMISOM Deputy Commander in…

Salaam Somali Bank, a leading privately owned bank in Somalia, is making an excellent contribution to the country's economic growth by offering free microfinance funds for small business development. On Saturday, March 27, 2021, the bank's branch in the Afgoye district of the Lower Shabelle region provided funds to the local merchants, thanking them for timely and much-needed support that will help increase their trade. The recipients of the free microfinance program express their gratitude to the management and staff…

Salaam Somali Bank provides free microfinance to traders in Mogadishu MOGADISHU, Somalia - Salaam Somali Bank branch in Madino, Mogadishu provided free microfinance to small business owners on Thursday as part of the 2021 offer. Qardu Hasan is part of Salaam Somali Bank's annual free microfinance fund with the aim of developing and effectively improving small businesses across the…

MOGADISHU, Somalia - The Federal Government of Somalia (FGS) has renewed the recruitment of members who jumped from the terrorist group Al-Shabaab to bring them into the country's security and military forces. Abdisalam Guled, who served as deputy head of the Somali intelligence service NISA, said Al-Shabaab had infiltrated the bodies of the Somali security agencies under the attention of the international community. "A new Al-Shabaab egg is hatched every day in the security forces," said Guled, who recently brought…

MOGADISHU, Somalia - The United States has moved from soft language to threatening in statements to the leaders of the war-torn Horn of Africa. Since the country entered the election period, the United States has stepped up pressure on the leaders of federal states in Somalia amid a growing electoral path in the country. On Sunday, the U.S. Embassy in Mogadishu posted a statement on its Twitter handle that gave the deadlines after ordering federal leaders to stay in the city until the dispute is resolved. "Mistakes…

Salaam Somali Bank helps small businesses expand with free microfinance funds As COVID-19 continues to impact the global economy, a private bank in Somalia is supporting small business owners to thrive through the second phase of 2021 free microfinance funds. Salaam Somali Bank launched the annual investment program under the Qardu Hassan theme last year to develop small businesses…

Salaam Somali Bank offers free microfinance to small businesses in Mogadishu Salaam Somali Bank continues its second phase of a free microfinance program launched in 2021 with the aim of promoting small businesses in all regions of the Horn of Africa country. On Saturday, March 20, the bank's branch in Suuq Ba'ad in Mogadishu provided free microfinance to local retailers as part of…

Salaam Somali Bank helps small businesses grow MOGADISHU, Somalia - Salaam Somali Bank (SSB) continues to provide free microfinance to small businesses in the country as part of a grant program aimed at improving the start-up economy. On Thursday, the bank's branch in KM5 in Mogadishu provided free microfinance to local retailers, including women, to help improve their small and…

Somali opposition is teaming up with federal states to form a national salvation council MOGADISHU, Somalia - Opposition candidates in Somalia are working with some federal Member States to declare the formation of a National Salvation Council on Thursday. The NSC elected a board of directors consisting of Senate Speaker Abdi Hashi, former President Sharif Sheikh Ahmed and the…