Abdi Ali
Opening Access to the Consumer Financial Transactions Data in Somalia
Why Somali consumers should have access to their own financial transactions data in their mobile money wallets If you are a consumer who...
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Abdi Ali
- Aug 13, 2022
- 1 min
Somalia Currency Reform Programme
An updated analysis paper that assesses the challenges, risks and potential delivery options for Somalia's currency reform This updated...
Abdi Ali
- Jul 3, 2022
- 6 min
Somalia is not ready to welcome foreign banks, yet
The perceived benefits of having foreign banks in Somalia are outweighed by the considerable legal, regulatory and financial risks they...
Abdi Ali
- Jun 26, 2022
- 8 min
A review of Somalia’s national risk assessment on money-laundering and terrorist financing
Somali government’s recent assessment report, while well-intentioned, is seriously flawed in focus and positively damaging to Somalia’s...
Abdi Ali
- Jun 9, 2022
- 5 min
Somalia Economic & Financial Reforms: Part 2
How a Somali government investments fund and Securities Regulator can spur private sector led economic growth, increase government...
Abdi Ali
- Jun 9, 2022
- 5 min
Somalia Economic & Financial Reforms: Part 1
Why Somalia needs a central “Office for Financial and Economic Reform” that is accountable for delivering change within government and...
Abdi Ali
- Feb 18, 2022
- 7 min
Central Bank Digital Currency: an “e-shilin” for Somalia?
A well-designed system which leverages on the existing private sector electronic money transfer infrastructure could work well for...
Abdi Ali
- Aug 2, 2021
- 5 min
The financial risks from climate change
Climate change is another catastrophe on the horizon and African countries are not prepared for the consequences As the spread of...
Abdi Ali
- Mar 2, 2021
- 6 min
Electronic Mobile Money: The alternative currency?
Electronic mobile money is now the preferred currency in many developing countries. This poses significant economic and monetary policy...
Abdi Ali
- Jan 12, 2021
- 5 min
Banking in Somalia
Why the current limited purpose banking model in Somalia is not profitable, sustainable in the long-term or indeed risk-free. One...
Abdi Ali
- Dec 23, 2020
- 8 min
Neither true nor fair
The Auditor General’s latest “audit opinion” is factually incorrect and betrays a lack of basic understanding of accounting and...
Abdi Ali
- Sep 29, 2020
- 5 min
Where is Somalia’s national currency?
The absence of policy-making on the Shilin reform, and the continuing failure to recognise its importance, is illustrative of the wider...
Abdi Ali
- Apr 14, 2020
- 7 min
The Comforting Illusion of Debt Relief Reforms
Why Covid-19 provides an important reality check for Somalia’s economic reforms under the debt relief programme What do global financial...
Abdi Ali
- Dec 6, 2019
- 2 min
Regulatory Spotlight
Central Bank of Somalia Mobile Mooney Regulations (2019): A step change in approach Rebuilding Somalia is every Somali’s business In...
Abdi Ali
- Jul 21, 2019
- 3 min
Somalia's National Payment and Settlement System Initiative
A new Insights Paper, which Zuleikha Salim Said and I co-author, assesses the risks and opportunities of Somalia's National Payment and...
Abdi Ali
- Aug 7, 2018
- 3 min
Part 2: E-MMT Systems: Too Catastrophic To Fail
The consumer and systemic risks posed by unregulated Electronic Mobile Money Transfer (E-MMT) systems are material and could imperil...
Abdi Ali
- Jul 26, 2018
- 2 min
Part 1: Somalia's Electronic Mobile Money Transfer System: Risks and Opportunities
In Somalia and other parts of Africa, Electronic Mobile Money Transfer (E-MMT) providers are becoming systemically important operators...
Abdi Ali
- Apr 17, 2018
- 1 min
Somalia's Currency Reform (Part 3)
In Part 3, I look at the options policymakers have to ensure the success of the Shilin reform programme. Read the full article in the...
Abdi Ali
- Mar 13, 2018
- 1 min
Somalia's Currency Reform (Part 2)
In this part, I outline the results of a household survey on Somalia's dual-currency economy and and implications for the Somali...
Abdi Ali
- Feb 15, 2018
- 1 min
Somalia's Currency Reform (Part 1)
My analyses on Somalia's currency reform was published in the East Africa Business Journal. Read the article on the following link:...
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