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Somalia

No Open Banking

A country in the Horn of Africa with the longest coastline on Africa’s mainland.

A graphic image showing world countries and border lines in different shades of blue, Somalia is made prominent being filled in orange colour.

Somalia’s internet penetration rate was 10% at the start of 2023, with mobile connections equivalent to 45%.

61% of the population is unbanked.

Somalia launched a National Payment System (NPS) infrastructure in August 2021.

Ozone API in partnership with Smart Data Foundry

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