The National Communications Authority (NCA) and the Information Technologies and Communications Authority (BTK) have signed a Memorandum of Understanding (MoU) to strengthen bilateral cooperation in the field of electronic communications.
Somalia’s House of the People has approved a Cybersecurity Law creating a national framework, defining institutional roles and establishing SOM-CIRT to protect digital infrastructure and support the digital economy.
Turkey has begun building a spaceport in Somalia after completing feasibility studies, aiming for independent satellite launches and deeper strategic, economic ties in the Horn of Africa.
Somalia’s NCA and SIMAD University, with CyberSecurity Malaysia, have launched the Global ACE cybersecurity certification chapter in Mogadishu to build internationally recognised skills and strengthen the country’s digital security.
Somalia has regained access to IATA’s Billing and Settlement Plan after a 33-year suspension, a move officials say will modernize aviation, reduce financial risk and support wider transport reforms.
In recent years, the Federal Government of Somalia, with international partners, has made meaningful progress in establishing a modern financial regulatory framework. New legislation has established the framework for anti–money laundering efforts and measures to combat the financing of illicit activities, while also encouraging modernization across the industry. For financial institutions in the country, these reforms present both challenges and opportunities: stricter compliance requirements demand investment in systems and processes, yet they also offer the chance to strengthen trust, expand services, and integrate more fully with the global financial community.
