Saturday, February 24, 2018

Somaliland and the Death of Cash

After nearly three decades in the economic and political wilderness, Somaliland, the self-declared country that broke away from Somalia in 1991 at the start...

Roxbury heist target handles cash for African immigrants

The Roxbury money exchange business targeted in Tuesday’s gunpoint robbery of $420,000 in cash has outlets across the country and caters to African immigrants,...

Kenya: Dahabshiil Calls for More Aid for Starving Somalis

A leading money transfer firm has rallied corporates, individuals and governments to join hands and support thousands of Somalis hit by prolonged drought. While it...

Advisory group expresses concerns on Somalia’s Simatech port contract

An advisory committee that monitors Somalia’s public finances says it is concerned about a possibly unfavorable contract between the Ministry of Ports and UAE...

Dahabshiil funding promotes growth of SMEs in the region

Dahabshil Bank International (DBI) of Dahabshiil Group recently unveiled an initiative named the Powering Progress Fund (PPF or the “Fund”) at the Somaliland Investment...

Somaliland: Regulatory Gaps in Mobile Banking

Somaliland is one of the leading markets in mobile banking platforms in Africa. It has been acknowledged by renowned individuals such as Bill Gates...

Somaliland: Dahabshil Bank International Donates cash to Braille Centre

Dahabshil Bank International (DBI) donated $4000 US Dollars towards the Somaliland Braille Centre (SBC) to illuminate their lives in a quest for a brighter...

Dahabshil Bank International concludes personnel training on quality management

Dahabshiil bank International staff on Wednesday concluded three days training on top quality management in banking which was facilitated by UAE based Al Amanah...

US: A Moral Case for Putting a Stop to Payday Lending Abuses – Whitehouse...

Summary: Senior members of the Obama Administration meet with religious leaders to discuss the moral obligation for stronger consumer protections. Today, we hosted a remarkable group...

Dahabshiil: How micro loans for solar pumps are a macro step forward

MicroDahab MFI, a microfinance subsidiary of Dahabshiil Group, has announced a collaboration with SolarGen Technologies to create the first ijarah thumma Iqtina (“lease to...

Latest article

Twin car bombings kill nearly 30 in Somalia’s Mogadishu

At least 27 are dead in two car bomb blasts, claimed by al-Shabab, reported near presidential palace in Somali capital. Twin car bombings and subsequent...

Who will be Ethiopia’s next prime minister?

Will the appointment of a new Ethiopian prime minister only act to save the ruling party or usher in deeper reform? Hailemariam Desalegn's snap resignation as Ethiopia's...

Ethiopian Prime minister’s resignation part of EPRDF’s ongoing reform to address legitimate public demands...

The Consular-General of the Ethiopian Government to Somaliland, General Berhe Tesfaye released the below-copied statement to the local press Wednesday. It reads: Hargeisa: In the last...