Monday, December 10, 2018

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...

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...

Jeff Bezos Becomes the Richest Man in Modern History, Topping $150 Billion

The Amazon.com Inc. founder’s net worth cracked $150 billion in New York on Monday, according to the Bloomberg Billionaires Index. That’s about $55 billion...

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...

Moneygram hit with largest fine in Austrac’s history

The Australian Transaction Reports and Analysis Centre has levied its largest ever fine on one of the world's biggest remittance network providers, as a...

​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...

Migration and Development: The $100 billion idea

Later this year the Financing for Development summit will take place in Addis Ababa. The discussion will focus on the post-2015 agenda and the...

Pakistan Confirms Place on Terror-Financing Watch List

Pakistan on Thursday confirmed it had been placed on the Financial Action Task Force's "gray list" over its alleged failure to choke off terror-financing,...

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,...

Dahabshil Bank Trains Staff, Officers on Internal Control and Risk Management

Dahabshil Bank International (DBI) has conducted a seven-day training for its staff and officers on internal control and risk management. The training was conducted by...

Latest article

Erdogan believes European version of democracy failed

Turkish President Recep Tayyip Erdogan has said that the ongoing “yellow vests” protest movement reveals Europe’s failure in democracy, human rights and freedom, speaking...

Israel ‘advises’ Trump to boost Djibouti US military presence

The United States should boost its military presence in Djibouti and the region surrounding the Bab al-Mandab Strait to counter an increasingly assertive — and belligerent —...

Raila a strong voice in Somaliland’s bid for independence

Last Friday’s Somaliland’s Investment Conference in Nairobi may have proceeded unnoticed by many. However, unknown to most Kenyans, the event also served a major political...