Thursday, December 14, 2017

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...

eDahab adds Somaliland Shilling to its mobile wallet features

True to the management’s word,  Dahabshiil Group’s eDahab mobile money transfer  wing  added and put to the test additional features permitting the subscriber to...

Top 20 mPayment Companies in 2015 – Report

Will Apple Pay Disrupt the Regional Leaders in NFC, POS, eCommerce, mBanking, BLE, QR, MST, Mobile Money & mWallet? The latest report from business intelligence...

AfDB votes for president to guide bank through changing climate

Insiders said member states are divided on whether the AfDB should further concentrate its focus on attracting private financing to large-scale infrastructure projects or...

Islamic finance prospects in Africa promising

Islamic finance in Africa has been predicted to have a promising future following tremendous growth opportunities for the sector to flourish in Africa. Africa's strong...

Thirteen Hawalas Closed Down In Kenya

Thirteen hawalas – informal money transfer services – have also been closed down. Hawalas are widely used by Somalis who depend on relatives abroad as...

Dahabshiil helps Somalis re-build their communities

Shortly after the April 2 Garissa University College massacre, the authorities suspended the licences of all remittance firms, including my company, Dahabshiil. Dahabshiil is a...

How I Saved $36,000 With This Simple Trick

Do this, and you’ll never look at a $5 bill the same again.Pull up a chair and get comfortable because I’m about to tell...

​Iranian bank joins SWIFT breaking blockade

Iran's Day Bank has announced joining the SWIFT transaction system, which facilitates worldwide bank transfers. The private system cut off Iranian financial institutions in...

Bank of China fraud: Italy seeks trial for 300 people

Italian prosecutors want to indict the Bank of China's Milan branch and almost 300 people over a money-laundering scheme.Prosecutors in Florence allege €4.5bn ($5.1bn,...

Latest article

In Somalia, an Overlooked Extremist Hotbed Simmers

Maimed in the war between Somalia government and al Qaeda’s affiliate al-Shabaab, the patients of De Martino Hospital prefer not to talk about what...

Somaliland applies global resilience expertise to drought response

Somaliland authorities are carrying out a “ Drought Impact Needs Assessment” (DINA), based on a globally recognized methodology, that is identifying long term solutions...

Republic of Somaliland Inaugurates Its Third-elected, Fifth President

The newly elected president of Somaliland Muse Bihi Abdi was sworn in for office on Wednesday, a month after the Election Day on the...