Official Twitter Account of the Deputy Governor of the Central Bank of Somalia @CentralBankSo. Retweets do not imply endorsement.
Mogadishu, Somalia
Joined December 2016
- Tweets56
- Following12
- Followers2.1K
- Likes53
Dr. Ali Yassin Sheikh Ali retweeted
CBS Board of Directors held its ordinary meeting on 9–10 December 2025 and approved a package of key measures, including:
•Licensing of 3 new microfinance institutions
•Licensing of 1 new money transfer business
•Re-licensing of 11 banks and 11 MTBs
•CBS Budget for 2026
•Investment policy and strategic asset allocation framework
These decisions further strengthen Somalia’s financial sector, support inclusion, and enhance CBS’s institutional capacity.
#CBS
#Microfinance
#BankigaDhexe
Dr. Ali Yassin Sheikh Ali retweeted
The IMF Executive Board has completed the 4th review of Somalia’s ECF program and approved an augmentation of $40 million to support our post-HIPC economic reform agenda, confirming strong program performance despite significant global headwinds.
Read more in the IMF press release here:
imf.org/en/news/articles/202…
Big news for financial inclusion in Somalia!
The Central Bank of Somalia has officially granted the first licenses to non-deposit-taking microfinance institutions. This marks a turning point in strengthening our financial ecosystem and opening doors for the underserved. centralbank.gov.so/
#Somalia #Microfinance #FinancialInclusion
Dr. Ali Yassin Sheikh Ali retweeted
The Central Bank of Somalia has officially granted the first licenses to seven Non-Deposit-Taking Microfinance Institutions — a historic step toward deepening financial inclusion, empowering small businesses, and strengthening Somalia’s financial system.
For more info, please read the full Press Release here:
shorturl.at/ENpBQ
#CentralBankofSomalia
#MFIsLicensing
#MicrofinanceSomalia
#CBSUpdates
I was honored to deliver opening remarks at the Global Shield Workshop in Mogadishu.
I stressed Somalia’s climate vulnerability and the Central Bank’s role in driving financial resilience through innovative insurance solutions.
#Somalia
#climatefinance
#CBS
#GlobalShield
📊 Somalia Leads in Islamic Banking! 🇸🇴
🇸🇴 Somalia ranks #1 in the world for Islamic banking.
✅ 100% of banking assets are Shariah-compliant
📈 Fastest global growth at 28.8% CAGR (2019–2024)
This trend is set to lead the future of ethical finance.
📌 Source: IFSB Stability
Bankiga Dhexe ee Soomaaliya wuxuu si rasmi ah u wargelinayaa shirkadaha caymiska in ay bilaabaan soo dalbashada shatiga Takaful, kadib ansixinta Sharciga Caymiska Qaranka (Islamic Takaful) ee Maajo 2025. Wixii faahfaahin ah: 👉 centralbank.gov.so
Honored to join today’s panel on Diaspora Investment: Trends, Challenges & Opportunities. We explored strategies to engage diaspora communities, reduce barriers, boost remittances, and leverage tech like mobile wallets to drive development.
Pleased to attend a high-level panel at the Bandhigga Guulaystayaasha Soomaaliyeed (BGS), organized by Hormuud. Somalia's tech landscape is rapidly evolving, becoming a key driver of financial inclusion, sustainable development, and inclusive economic growth.
Pleased to extend my heartfelt congratulations to Dr. Sakhawadiin Mustaf Mohamed on his appointment as Ambassador. He is a distinguished scholar, a builder of institutions, and possesses extensive experience across a wide range of disciplines.
@CentralBankSo is pleased to launch the second #CBS annual conference on #economic policy. The aim of this multi-sectoral conference is to analyse post-debt relief economic priorities and policies essential for sustainable development in #Somalia.
Key panel discussions focused on #Somalia's post-HIPC priorities: economic prospects and long-term debt sustainability, with subsequent policy action remarks delivered by sectoral experts.
At the Central Banking Spring Meetings in Cape Town, I've reiterated Somalia's unwavering commitment in the fight against money laundering and terrorism financing. centralbanking.com/central-b…
IMF Executive Board Approves US$100 Million Under a New Extended Credit Facility (ECF) Arrangement for Somalia imf.org/en/News/Articles/202…
Halkaan ka akhriso maqaal faahfaahsan oo aan ka qoray deyn-cafinta Soomaaliya iyo waxay ay waddanka uga dhigantahay.
@Jowharcom jowhar.com/deyn-cafinta-soom…
I told The Associated Press on Wednesday that debt relief under the Heavily Indebted Poor Countries initiative comes as a relief for Somalia, which is determined to secure new funding for public projects.
. apnews.com/article/somalia-d…
Caawa waxaa guul taarikhi ah usoo hoyatay Soomaaliya kadib markii dowladda ay si buuxda ugu guleysatay dhamaystirka barnaamijka deyn-cafinta. Bankiga Dhexe ee Soomaaliya (@CentralBankSo) ayaa ka mid ah hay’adaha sida dhow uga shaqeeyay in si dhaba looga mira-dhaliya dib-u-habaynta hannaanka maaliyadda ee dalka.
Somalia aims to reach debt relief at the Heavily Indebted Poor Countries (HIPC) Completion Point in December 2023. Potentially, Somalia is getting back to the global financial landscape after more than three decades of absence.
imf.org/en/News/Articles/202…
Dr. Ali Yassin Sheikh Ali retweeted
1/3 The President of Hirshabelle State of Somalia, H.E. Ali Abdullahi Hussein (Ali Guudlaawe) @GudlaweHussein, and the Deputy Governor of the Central Bank of Somalia, Dr. Ali Yassin Sheikh Ali @AliYassinSheik, jointly inaugurated the CBS branch in Jowhar.
