logo library
Access The Global Open Data Tracker
Fill out your details to explore the Standards Library and Innovation Atlas.
Back to the main site
Back to Innovation Atlas

Somalia

No Open Banking

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

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.