Tuesday, October 16, 2018

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...

Why Africa needs to become more like China

When you are looking over the beautiful Atlantic Ocean from the harbour in Cape Town, host city of the World Economic Forum on Africa...

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,...

Key sticking points in Greece debt clash

After five months of fraught negotiations and with Greece inching towards default, the clash between Athens and its European and IMF creditors has narrowed...

Kenya to lift Somalia cash transfer freeze

Kenya's president ordered on Thursday the central bank to issue regulations and then lift restrictions on key money transfer services vital for Somalia suspended...

Ethiopia looks to Ports in Kenya, Somaliland and Sudan to increase Imports and Exports

As part of a new national strategy, Ethiopia will begin using ports in Kenya, Somaliland and Sudan in order to increase trade volume. This...

Woman will be face of redesigned $10 bill, Treasury says

Treasury Secretary Jacob Lew will officially announce Thursday that the redesigned $10 bill will feature the first woman on the nation’s paper money in...

Why Singapore is putting its oil back into the ground

https://www.youtube.com/watch?v=6h5t6uQW2Yo The Jurong rock caverns in Singapore are defying the challenge of limited land space by creating a deep underground storage facility for the city-state's...

Faces of the Somali Remittance Crisis

It’s been three months since the start of the Somali remittance crisis, when Merchants Bank of California—the financial institution that facilitated 60 to 80...

Remittances from Europe provide ‘lifeline’ to millions worldwide, says UN agency

According to a report released today by the Rome-based United Nations International Fund for Agricultural Development (IFAD), migrant workers living in Europe last year...

Latest article

Somalia: Al Shabaab captures key area close to Southwest State capital

The Al Qaeda linked Al Shabaab insurgents have taken major control of a key area near Baidoa town, some 250km southwest of Somali capital Mogadishu. The...

USA: Two Somali girls fished out of pond drowned

Two bodies were pulled from a murky pond in Chaska late Sunday, bringing a frantic two-day search for two 19-year-old cousins and best friends...

UN Coordinator in Yemen says famine, alarming humanitarian conditions must be averted (Pics)

There are just three months left to avoid what could be ‘the worst famine in 100 years’, according to the United Nations. Yemen is in...