Thursday, December 14, 2017

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...

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...

Dubai Bank sinks under debt and violating regulator rules

The Central Bank of Kenya has placed Dubai Bank under receivership after the lender failed to repay money borrowed from other financial institutions to...

How much does China now have over the yuan?

China devalued its currency on Tuesday, a move that left it with its biggest one day fall in more than 20 years. It fell again...

3 Ways to Turbocharge Your Income

Investment income accounts for as much as three-quarters of their total income. The typical member of the seven-figure club earns a nice paycheck, but it’s...

​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...

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...

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,...

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...

Nigeria’s Akinwumi Adesina Elected as African Development Bank President

Akinwumi Adesina, who served as Nigeria’s agriculture minister in the outgoing government of Jonathan Goodluck, has been elected as the new president of theAfrican...

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...