17 hours ago
Somalia Sets Up Its First Exchange to Trade Stocks, Sukuk Bonds
Somalia will begin trading equities and government-issued sukuk bonds on a new exchange early next year, as the Horn of Africa nation seeks integration into regional and global financial markets.
The National Securities Exchange of Somalia initially will target stock listings from companies in telecommunications, banking, real estate, energy and agriculture to drive economic growth in the country, according to a statement by the bourse.
