IBOV 172,758.89 ▼ 0.35% IPSA 10,877.68 ▼ 0.18% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,489 ▲ 1.79% COLCAP 2,309.56 ▲ 0.49% BVL PERÚ 56,620.35 — — USD/BRL5.08▼ 0.26% USD/MXN17.40▼ 0.19% USD/CLP932.22▼ 0.24% USD/COP3,232▼ 1.12% USD/PEN3.40▲ 0.16% USD/ARS1,478▼ 0.24% USD/UYU40.11▲ 1.23% USD/PYG6,045▲ 1.76% USD/BOB10.80▲ 2.69% USD/DOP58.02▲ 0.31% USD/CRC446.12▲ 1.15% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.84% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 0.73% USD/TTD6.73▲ 1.11% EUR/BRL5.79▼ 1.07% BRENT 91.54 ▲ 2.60% WTI 84.60 ▲ 1.65% IRON ORE 161.91 — — COPPER 6.53 ▲ 3.67% GOLD 4,075 ▲ 1.61% SILVER 59.34 ▲ 4.47% SOY 1,219 ▼ 0.61% CORN 472.50 ▲ 5.12% WHEAT 668.75 ▼ 0.78% COFFEE 326.10 ▼ 2.48% SUGAR 14.84 ▲ 0.13% ORANGE JUICE 147.95 ▲ 0.37% COTTON 79.51 ▲ 2.77% COCOA 5,627 ▲ 1.94% BEEF 222.08 ▼ 1.96% CATTLE 343.50 ▼ 2.41% LITHIUM 69.16 ▲ 3.35% PETR4 41.50 ▲ 0.85% VALE3 71.92 ▼ 0.01% ITUB4 42.23 ▼ 0.17% BBDC4 18.42 ▲ 0.05% ABEV3 15.75 ▼ 0.25% BBAS3 20.21 ▲ 0.20% B3SA3 14.98 ▼ 1.83% WEGE3 42.72 ▼ 0.95% PRIO3 58.87 ▲ 2.05% SUZB3 41.76 ▼ 0.31% RENT3 36.68 ▼ 2.16% AZZA3 17.58 ▼ 3.25% CSAN3 3.72 ▼ 2.62% RAIZ4 0.27 — 0.00% PCAR3 2.68 ▲ 3.08% GMAT3 3.80 ▼ 1.30% PSSA3 53.19 ▼ 1.86% CVCB3 1.14 ▲ 5.56% POSI3 3.75 ▲ 1.35% SLCE3 13.67 ▲ 0.74% NATU3 8.66 ▲ 0.35% BRKM5 5.95 ▲ 0.17% RANI3 7.86 ▼ 1.63% CSNA3 5.11 ▲ 0.79% CMIN3 5.50 ▲ 2.04% USIM5 8.28 ▲ 1.47% GGBR4 23.59 ▼ 0.13% ENEV3 25.16 ▼ 1.91% CPFE3 46.14 ▼ 0.39% CMIG4 10.96 ▼ 0.54% EQTL3 38.53 ▼ 1.93% LREN3 13.12 ▼ 1.43% VIVT3 35.44 ▼ 0.64% RAIL3 13.29 ▼ 2.06% KLABIN 17.40 ▼ 0.46% RAIA DROGASIL 18.39 ▼ 1.61% RDOR3 33.89 ▼ 4.40% HAPV3 11.30 ▼ 2.16% FLRY3 16.37 ▼ 1.15% SMTO3 15.34 ▼ 0.45% UGPA3 31.21 ▼ 1.55% VBBR3 33.03 ▼ 3.17% BBSE3 41.10 ▲ 0.12% BPAC11 55.41 ▼ 0.77% CURY3 29.56 ▼ 2.09% AERI3 2.02 ▼ 2.42% VIVARA 21.59 ▼ 1.68% COMPASS 24.31 ▼ 1.18% VAMOS 3.09 — 0.00% SANB11 27.45 ▲ 1.63% ASAI3 8.13 ▼ 0.12% SBSP3 28.31 ▼ 2.31% WALMEX 49.36 ▼ 0.04% GMEXICO 204.21 ▲ 1.68% FEMSA 226.86 ▼ 0.05% CEMEX 22.04 ▲ 0.73% GFNORTE 182.02 ▲ 1.12% BIMBO 59.33 ▼ 0.29% TELEVISA 9.82 ▲ 1.13% AMX 22.77 ▲ 0.13% GAP 376.91 ▼ 0.34% ASUR 271.16 ▼ 1.17% OMA 224.94 ▼ 0.66% KOF 180.71 ▼ 0.06% GRUMA 288.17 ▲ 0.20% KIMBER 38.10 ▼ 0.76% SQM-B 63,950 ▲ 1.31% COPEC 6,364 ▲ 2.65% BSANTANDER 78.51 ▲ 3.18% FALABELLA 5,839 ▼ 0.61% ENELAM 84.42 ▲ 0.37% CENCOSUD 2,005 ▲ 0.51% CMPC 1,089 ▲ 2.11% BANCO CHILE 189.96 ▲ 1.86% LATAM AIR 24.41 — 0.00% YPF 80,700 ▲ 1.89% GGAL 7,965 ▲ 1.53% PAMPA 5,485 ▲ 4.08% TXAR 670.00 ▼ 0.07% ALUAR 967.50 ▲ 0.83% TGS 9,565 ▲ 0.68% CEPU 2,330 ▲ 1.79% MIRGOR 16,725 ▼ 2.34% COME 43.26 ▲ 0.72% LOMA NEGRA 3,630 ▲ 1.61% BYMA 292.25 ▼ 0.51% TELECOM ARG 4,180 ▲ 0.84% ECOPETROL 16.50 ▲ 2.93% BANCOLOMBIA 81.70 ▲ 1.08% GRUPO AVAL 4.99 ▲ 0.81% CREDICORP 392.71 ▲ 1.51% SOUTHERN COPPER 182.87 ▲ 4.46% BUENAVENTURA 30.85 ▲ 2.63% MERCADOLIBRE 1,800 ▼ 1.78% NUBANK 14.11 ▲ 0.86% XP 16.45 ▼ 2.08% PAGSEGURO 9.24 ▼ 0.59% STONE 10.92 ▼ 1.84% GLOBANT 32.35 ▲ 0.17% TECNOGLASS 45.22 ▼ 1.93% GAP AIRPORT 216.32 ▼ 0.37% ASUR 271.16 ▼ 1.17% OMA AIRPORT 103.45 ▼ 0.54% AMX ADR 26.11 ▲ 0.02% FEMSA ADR 130.32 ▲ 0.24% CEMEX ADR 12.63 ▲ 1.12% PETROBRAS ADR 18.43 ▲ 1.29% VALE ADR 14.12 ▲ 0.11% ITAU ADR 8.32 — 0.00% SANTANDER BR 5.41 ▲ 0.74% AMBEV ADR 3.09 ▲ 0.32% CSN 1.02 ▲ 0.50% GERDAU 4.68 ▼ 0.11% LATAM ADR 52.36 ▲ 1.20% BTC 66,710 ▲ 2.27% ETH 1,929 ▲ 1.31% SOL 78.00 ▲ 0.27% XRP 1.15 ▲ 3.49% BNB 575.31 ▲ 0.80% ADA 0.18 ▲ 3.48% DOGE 0.07 ▲ 1.55% AVAX 6.60 ▲ 0.36% LINK 8.68 ▲ 1.12% DOT 0.86 ▲ 3.74% LTC 47.86 ▲ 1.10% BCH 224.90 ▲ 2.27% TRX 0.33 ▲ 0.63% XLM 0.19 ▲ 3.00% HBAR 0.07 ▲ 2.81% NEAR 1.97 ▼ 0.64% ATOM 1.50 ▲ 0.13% AAVE 94.79 ▲ 5.59% SELIC 14.25% EMBRAER 82.12 ▼ 1.40% EMBRAER ADR 64.67 ▼ 1.91% JBS 11.80 ▼ 1.95% JBS BDR 59.94 ▼ 1.40% MBRF3 14.77 ▲ 1.72% MBRFY 2.94 ▲ 1.03% INTER 5.52 ▼ 1.87% EGX 53,990 ▲ 1.63% USD/ZAR16.45▼ 0.48% USD/NGN1,376▼ 0.27% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY162.94▲ 0.27% USD/CNY6.76▼ 0.17% DAX 24,946 ▲ 0.40% CAC 8,341 ▲ 0.01% FTSE 10,562 ▲ 0.35% MIB 52,214 ▲ 0.68% IBEX 19,338 ▲ 0.68% STOXX 641.82 ▲ 0.35% EUR/USD1.14▼ 0.03% GBP/USD1.34▼ 0.51% SPX 7,493 ▲ 0.66% DJI 52,105 ▲ 0.51% NDX 29,069 ▲ 1.63% RUT 2,966 ▲ 0.81% TSX 35,127 ▲ 0.48% VIX 17.42 ▼ 6.60% USD/CAD1.41▲ 0.18% US10Y 4.6240 ▲ 0.57% IBOV 172,758.89 ▼ 0.35% IPSA 10,877.68 ▼ 0.18% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,489 ▲ 1.79% COLCAP 2,309.56 ▲ 0.49% BVL PERÚ 56,620.35 — — USD/BRL 5.08 ▼ 0.26% USD/MXN 17.40 ▼ 0.19% USD/CLP 932.22 ▼ 0.24% USD/COP 3,232 ▼ 1.12% USD/PEN 3.40 ▲ 0.16% USD/ARS 1,478 ▼ 0.24% USD/UYU 40.11 ▲ 1.23% USD/PYG 6,045 ▲ 1.76% USD/BOB 10.80 ▲ 2.69% USD/DOP 58.02 ▲ 0.31% USD/CRC 446.12 ▲ 1.15% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.84% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 0.73% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.79 ▼ 1.07% BRENT 91.54 ▲ 2.60% WTI 84.60 ▲ 1.65% IRON ORE 161.91 — — COPPER 6.53 ▲ 3.67% GOLD 4,075 ▲ 1.61% SILVER 59.34 ▲ 4.47% SOY 1,219 ▼ 0.61% CORN 472.50 ▲ 5.12% WHEAT 668.75 ▼ 0.78% COFFEE 326.10 ▼ 2.48% SUGAR 14.84 ▲ 0.13% ORANGE JUICE 147.95 ▲ 0.37% COTTON 79.51 ▲ 2.77% COCOA 5,627 ▲ 1.94% BEEF 222.08 ▼ 1.96% CATTLE 343.50 ▼ 2.41% LITHIUM 69.16 ▲ 3.35% PETR4 41.50 ▲ 0.85% VALE3 71.92 ▼ 0.01% ITUB4 42.23 ▼ 0.17% BBDC4 18.42 ▲ 0.05% ABEV3 15.75 ▼ 0.25% BBAS3 20.21 ▲ 0.20% B3SA3 14.98 ▼ 1.83% WEGE3 42.72 ▼ 0.95% PRIO3 58.87 ▲ 2.05% SUZB3 41.76 ▼ 0.31% RENT3 36.68 ▼ 2.16% AZZA3 17.58 ▼ 3.25% CSAN3 3.72 ▼ 2.62% RAIZ4 0.27 — 0.00% PCAR3 2.68 ▲ 3.08% GMAT3 3.80 ▼ 1.30% PSSA3 53.19 ▼ 1.86% CVCB3 1.14 ▲ 5.56% POSI3 3.75 ▲ 1.35% SLCE3 13.67 ▲ 0.74% NATU3 8.66 ▲ 0.35% BRKM5 5.95 ▲ 0.17% RANI3 7.86 ▼ 1.63% CSNA3 5.11 ▲ 0.79% CMIN3 5.50 ▲ 2.04% USIM5 8.28 ▲ 1.47% GGBR4 23.59 ▼ 0.13% ENEV3 25.16 ▼ 1.91% CPFE3 46.14 ▼ 0.39% CMIG4 10.96 ▼ 0.54% EQTL3 38.53 ▼ 1.93% LREN3 13.12 ▼ 1.43% VIVT3 35.44 ▼ 0.64% RAIL3 13.29 ▼ 2.06% KLABIN 17.40 ▼ 0.46% RAIA DROGASIL 18.39 ▼ 1.61% RDOR3 33.89 ▼ 4.40% HAPV3 11.30 ▼ 2.16% FLRY3 16.37 ▼ 1.15% SMTO3 15.34 ▼ 0.45% UGPA3 31.21 ▼ 1.55% VBBR3 33.03 ▼ 3.17% BBSE3 41.10 ▲ 0.12% BPAC11 55.41 ▼ 0.77% CURY3 29.56 ▼ 2.09% AERI3 2.02 ▼ 2.42% VIVARA 21.59 ▼ 1.68% COMPASS 24.31 ▼ 1.18% VAMOS 3.09 — 0.00% SANB11 27.45 ▲ 1.63% ASAI3 8.13 ▼ 0.12% SBSP3 28.31 ▼ 2.31% WALMEX 49.36 ▼ 0.04% GMEXICO 204.21 ▲ 1.68% FEMSA 226.86 ▼ 0.05% CEMEX 22.04 ▲ 0.73% GFNORTE 182.02 ▲ 1.12% BIMBO 59.33 ▼ 0.29% TELEVISA 9.82 ▲ 1.13% AMX 22.77 ▲ 0.13% GAP 376.91 ▼ 0.34% ASUR 271.16 ▼ 1.17% OMA 224.94 ▼ 0.66% KOF 180.71 ▼ 0.06% GRUMA 288.17 ▲ 0.20% KIMBER 38.10 ▼ 0.76% SQM-B 63,950 ▲ 1.31% COPEC 6,364 ▲ 2.65% BSANTANDER 78.51 ▲ 3.18% FALABELLA 5,839 ▼ 0.61% ENELAM 84.42 ▲ 0.37% CENCOSUD 2,005 ▲ 0.51% CMPC 1,089 ▲ 2.11% BANCO CHILE 189.96 ▲ 1.86% LATAM AIR 24.41 — 0.00% YPF 80,700 ▲ 1.89% GGAL 7,965 ▲ 1.53% PAMPA 5,485 ▲ 4.08% TXAR 670.00 ▼ 0.07% ALUAR 967.50 ▲ 0.83% TGS 9,565 ▲ 0.68% CEPU 2,330 ▲ 1.79% MIRGOR 16,725 ▼ 2.34% COME 43.26 ▲ 0.72% LOMA NEGRA 3,630 ▲ 1.61% BYMA 292.25 ▼ 0.51% TELECOM ARG 4,180 ▲ 0.84% ECOPETROL 16.50 ▲ 2.93% BANCOLOMBIA 81.70 ▲ 1.08% GRUPO AVAL 4.99 ▲ 0.81% CREDICORP 392.71 ▲ 1.51% SOUTHERN COPPER 182.87 ▲ 4.46% BUENAVENTURA 30.85 ▲ 2.63% MERCADOLIBRE 1,800 ▼ 1.78% NUBANK 14.11 ▲ 0.86% XP 16.45 ▼ 2.08% PAGSEGURO 9.24 ▼ 0.59% STONE 10.92 ▼ 1.84% GLOBANT 32.35 ▲ 0.17% TECNOGLASS 45.22 ▼ 1.93% GAP AIRPORT 216.32 ▼ 0.37% ASUR 271.16 ▼ 1.17% OMA AIRPORT 103.45 ▼ 0.54% AMX ADR 26.11 ▲ 0.02% FEMSA ADR 130.32 ▲ 0.24% CEMEX ADR 12.63 ▲ 1.12% PETROBRAS ADR 18.43 ▲ 1.29% VALE ADR 14.12 ▲ 0.11% ITAU ADR 8.32 — 0.00% SANTANDER BR 5.41 ▲ 0.74% AMBEV ADR 3.09 ▲ 0.32% CSN 1.02 ▲ 0.50% GERDAU 4.68 ▼ 0.11% LATAM ADR 52.36 ▲ 1.20% BTC 66,710 ▲ 2.27% ETH 1,929 ▲ 1.31% SOL 78.00 ▲ 0.27% XRP 1.15 ▲ 3.49% BNB 575.31 ▲ 0.80% ADA 0.18 ▲ 3.48% DOGE 0.07 ▲ 1.55% AVAX 6.60 ▲ 0.36% LINK 8.68 ▲ 1.12% DOT 0.86 ▲ 3.74% LTC 47.86 ▲ 1.10% BCH 224.90 ▲ 2.27% TRX 0.33 ▲ 0.63% XLM 0.19 ▲ 3.00% HBAR 0.07 ▲ 2.81% NEAR 1.97 ▼ 0.64% ATOM 1.50 ▲ 0.13% AAVE 94.79 ▲ 5.59% SELIC 14.25% EMBRAER 82.12 ▼ 1.40% EMBRAER ADR 64.67 ▼ 1.91% JBS 11.80 ▼ 1.95% JBS BDR 59.94 ▼ 1.40% MBRF3 14.77 ▲ 1.72% MBRFY 2.94 ▲ 1.03% INTER 5.52 ▼ 1.87% EGX 53,990 ▲ 1.63% USD/ZAR 16.47 ▼ 0.16% USD/NGN 1,376 ▲ 0.02% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY 163.00 ▲ 0.33% USD/CNY 6.7557 ▼ 0.03% DAX 24,946 ▲ 0.40% CAC 8,341 ▲ 0.01% FTSE 10,562 ▲ 0.35% MIB 52,214 ▲ 0.68% IBEX 19,338 ▲ 0.68% STOXX 641.82 ▲ 0.35% EUR/USD 1.1409 ▼ 0.04% GBP/USD 1.3371 ▼ 0.41% SPX 7,493 ▲ 0.66% DJI 52,105 ▲ 0.51% NDX 29,069 ▲ 1.63% RUT 2,966 ▲ 0.81% TSX 35,127 ▲ 0.48% VIX 17.42 ▼ 6.60% USD/CAD 1.4091 ▲ 0.09% US10Y 4.6240 ▲ 0.57%
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Tuesday, July 21, 2026

Africa Eastern Africa

Somalia’s Crackdown on Somaliland Recognition

By · September 9, 2024 · 2 min read

Africa Intelligence

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In a bold move, Somalia has issued an ultimatum to companies operating within its borders. By September 1, 2024, all firms must revise their information to reflect Somaliland as part of Somalia, not an independent entity.

This directive stems from Somalia’s Ministry of Commerce and Industry, citing the country’s provisional constitution. The order specifically targets money transfer agencies like Paysii, Dahabshil, and Jubba Express.

Ethiopian Airlines faced scrutiny for labeling Somaliland as a separate destination. The Somali Civil Aviation Authority warned airlines to cease referring to cities like Hargeisa as distinct from Somalia.

The crackdown follows a controversial memorandum of understanding between Ethiopia and Somaliland in January 2024.

This agreement potentially grants Ethiopia coastal access in exchange for recognizing Somaliland’s independence.

Somalia's Crackdown on Somaliland Recognition
Somalia’s Crackdown on Somaliland Recognition. (Photo Internet reproduction)
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Mogadishu vehemently opposes this deal, viewing it as a threat to Somalia‘s territorial integrity. The government has protested at international forums, accusing Ethiopia of attempting to dismember Somalia.

Somaliland’s Diplomatic Standoff

Somaliland, however, maintains its right to enter international agreements independently. Ismail Shirwac, a Somaliland official, argues that Somalia should address Somaliland’s concerns rather than quarrel with Ethiopia.

This dispute has regional implications. Somalia previously severed diplomatic ties with Kenya and Guinea for engaging with Somaliland as an independent entity.

While no sovereign state officially recognizes Somaliland, it continues to form strategic partnerships. The current situation puts these relationships at risk.

Ethiopian Airlines and Flydubai have already complied with Somalia’s demands, changing their references to Somaliland destinations. This compliance came after threats to revoke landing rights.

The conflict highlights the complex dynamics in the Horn of Africa. It underscores the challenges of balancing territorial claims, economic interests, and regional stability.

As the September 1 deadline approaches, the international community watches closely. The outcome may shape future diplomatic and economic relations in this volatile region.

Part of our ongoing coverage

Africa: The New Scramble — the great-power contest over the continent.

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