Monday, December 10, 2018

Somaliland’s world-leading move towards a cashless culture

A breakaway region in the Horn of Africa isn’t the obvious setting for a technological revolution Abdul Rashid has sold sweet Somali tea on the...

eDahab transforms financial system, promotes market efficiency

On the dusty streets of Somaliland's capital Hargeisa, Mohammed Ahmed Ismail is arranging paper money in his tidy, waiting for clients who wish to...

Abay bank, WorldRemit strengthen ties to aid transfers

Abay Bank and WorldRemit are forging a relationship to help facilitate the transfer of funds from the growing Ethiopian Diaspora communities via its digital...

Africa’s Somalia and Zimbabwe lead on mobile-money technology

Of the 690 million registered mobile-money accounts worldwide, 50% are in Africa. In Zimbabwe and Somalia, for example, both countries that have experienced decades of economic...

Bill Gates has a brilliant but simple strategy for success

The way you look at your reality can greatly impact your success, according to the billionaire Microsoft co-founder Bill Gates. "We focus so much on...

Somalia to get first World Bank loan in 30 years

The World Bank has approved $80 million in loans to Somalia to fund public finance reforms, marking the first disbursement to the government of...

Losing faith in own currency? 10 countries where a loaf of bread costs a...

How often does the worst happen, when the people of the nation have lost faith in the value of their currency? More often than...

Dahabshiil welcomes World Bank proposal on decrease of mobile money vulnerabilities to stimulate growth...

“A robust regulation that addresses de-risking issues to reduce vulnerabilities associated with the widespread use of mobile money transactions as put forward by the...

Regulation of Somalia’s Mobile Money Market Can Spur Innovation in Financial Sector Development

Somalia’s economy has grown modestly between 2013 and 2017, with real annual gross domestic product (GDP) growth averaging 2.5%, according to the new economic...
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Somaliland number plates: Robbing taxpayers in the name of ‘change’

Members of the Somaliland House of Representatives Financial Audit and Economic Affairs Sub-Committee, today, rejected the Minister of Financial Development's introduction of new tariffs,...

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Dahabshiil Group Services, Products Take 8th Trade Expo by Storm

Dahabshiil took everyone by surprise - even loyal subscribers, Sunday, by outshining all on variety, creativity, and presentation of products and services in its...

China recalls its ambassador to US over Huawei official arrest

Terry Branstad urged to cancel arrest warrant for Meng Wanzhou and end her ‘egregious’ detention China has summoned the US ambassador in Beijing to protest...

More than 150 governments to adopt UN migration pact in Morocco

More than 150 countries will join a United Nations conference to adopt a global pact to better handle migrant flows, a senior UN official...