Sunday, May 27, 2018

Bagging $100m: how WorldRemit is filling Africa’s remittance market gap

Founded in 2010 by Somali entrepreneur Ismail Ahmed, WorldRemit — a London-based tech startup providing low-cost international money transfers — made headlines a few weeks...

Fraud office probes Bank of England auctions

Britain's Serious Fraud Office is investigating money-market auctions launched by the Bank of England during the financial crisis, the central bank has said, dealing...

Somalis in Banyule fear loss of remittance accounts as banks cease transfer service

BANYULE’S Somali community is on tenterhooks with only weeks until the last remittance accounts — the only thing helping their families in Africa survive...

Nigeria: SERAP Sues Okonjo-Iweala Over Alleged Missing N30 Trillion

A civil society group, Socio-Economic Rights and Accountability Project (SERAP) has dragged the Minister of Finance, Dr. Ngozi Okonjo-Iweala to court over "failure to...

Samsung’s biggest fans have a lot of complaints about the Galaxy S 6

AP The Samsung Galaxy S 6 Edge and Galaxy S 6. Samsung's new smartphone appears to be alienating some of the company's biggest fans. After...

European Central Bank: Digital Currencies ‘Inherently Unstable’

The European Central Bank has released a new report on digital currency, describing it as “inherently unstable” but potentially transformative in the realm of...

Commercial Bank of Ethiopia Negotiates with Oracle for Enterprise Resource Planning

The Commercial Bank of Ethiopia (CBE) is in technical negotiations with Oracle, an American company, to work on Enterprise Resource Planning (ERP) – an...

‘Mystery shopper’ lifts lid off counterfeit market

Department of Economic Development -Dubai inspectors confiscated duplicate electrical tools and mobile phone accessories worth Dh7 million. A mystery shopper led inspectors of the Department...

Where aircraft go to die: World’s largest plane graveyard is explored in stunning aerial...

The largest “plane graveyard” in the world where more than 4,400 aircraft are collecting dust in the Arizona desert can now be explored in...

Transfer Denied: The Hidden Costs of Washington’s War Against al-Shabab

As a child, Noor Dubow fled war in his homeland of Somalia. Growing up, he fought constantly against hunger while living in a refugee...

Latest article

President Bihi Calls Somalia’s Gass Multiple-Defaulter on Negotiated Ceasefires

His Excellency the President of the Republic of Somaliland, Musa Bihi Abdi, speaking to the press on Saturday, Hargeisa, revealed that Abdiweli M Gass,...

Djibouti: Attractive but Risky

As countries across the Horn of Africa embark on ambitious programs to attract foreign investment, Djibouti seems a stable option in a volatile region....

Somaliland Paging Mr Michael Keating!

The defined territory is one of the physical elements of the state enshrined in the Montevideo Convention on the Rights and Duties of States...