Day: November 29, 2025

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Somalia’s Microfinance sector face a major shakeup with the new reforms

Raxanreeb Online Mogadishu: The central bank of Somalia has rolled out a new era in the microfinancing instructions by licensing the first seven non-deposit-taking microfinance institutions, following the recent approval of the updated Financial Institutions Act of 2025. The seven financial institutions to have their licenses approved include Asal Microfinance, Haldoor Microfinance, KIMS Microfinance, Bushra...

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Somalia: SouthWest state women united against cyberbullying and blackmail

Raxanreeb Online, Mogadishu: Women in the Southwest State of Somalia decry online abuse, cyberbullying, and digital blackmail that are on the increase and have been made easy with the proliferation of mobile technology and internet access. The United Nations migration office in Somalia, through its women-to-women initiative, launched their 16 days of activism campaign by...