AGP Executive Report
Last update: 3 hours agoMaritime Trade: India’s navy rescued all 20 crew members of the hijacked fishing vessel Azini after a 48-hour operation off Somalia, easing an immediate threat to sailors and shipping routes. The seizure had raised fears pirates could use the vessel to target commercial traffic. Digital Finance: Somalia’s national ID authority has put Hubiye into operation, allowing banks and other service providers to verify customers’ credentials against the national database with the ID holder’s authorization. Trade Access: Somalia has gained duty-free access to the EU market under a trade scheme, creating an opening for exporters. Currency: The Finance Ministry says Somalia’s national currency will be printed soon, as the government seeks to advance its monetary plans.
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