By
Abdirahman M. Abdullahi
Governor
Central Bank of Somalia
When I assumed leadership of the Central Bank of Somalia, one question drove much of my thinking: how can we build an economy that matches the aspirations of our people?
Launched in January 2025 and built on ISO 20022, Somalia’s instant payment system (SIPS) enables instant, interoperable payments across participating institutions.
By
Abdirahman M. Abdullahi
Governor
Central Bank of Somalia
When I assumed leadership of the Central Bank of Somalia, one question drove much of my thinking: how can we build an economy that matches the aspirations of our people?

BPC, a leading global payment software and service company, today announced that EthSwitch, Ethiopia’s national payment switch, a…

The Bank of Namibia has set June 2026 for the rollout of its national instant payment system, a platform designed to enable…

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Interswitch has reinforced its role in supporting federal government revenue collection through its continued participation as a…

George Elombi, president of the African Export-Import Bank (Afreximbank), has called on African central banks to accelerate…