Thursday, December 14, 2017

UK Government must take steps to ensure remittances flow to Somalis

We are urging the UK Government to work with British financial institutions and the Money Service Businesses (MSBs) sector to find a durable solution...

Western Union denies it’s in talks to acquire MoneyGram, What merger means for Africa

Shares of MoneyGram International Inc. surged as much as 41 percent Wednesday after a report that Western Union Co. was in talks to acquire...

REPORT: Money Keeps Moving Toward Somalia, Sometimes In Suitcases

Some financial companies in the U.S. resort to carrying cash on airplanes to keep remittances flowing to needy Somalis. The closing of one of the...

Suspending Money Transfers to Somalia Hurts the Poor, Not Terrorists

Earlier this month, Kenya suspended the licenses of 13 Somali money transfer agencies operating in Nairobi in a bid to limit funding to al-Shabab...

IGAD Ministers of Finance Plead for the Positive Effects of Remittance for the Region

Addis Ababa, July 13, 2015: The Intergovernmental Authority on Development (IGAD) and the Ministry of Finance and Economic Development (MoFED) of Ethiopia, with support...

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...

Dahabshiil remittance firm calls on new British PM to support Africa

Leading money transfer company Dahabshiil has called on new Prime Minister Teresa May to back investments supporting African economies, in the wake of the...

Why India bails out its workers from Yemen and other war situations: Remittance lolly

If you are wondering why the Government of India expends so much time and resources to rescue its emigrants from crisis- and war situations...

Somaliland: Dahabshiil donates cash, foodstuff to displaced families

Dahabshiil Group of companies on Friday donated foodstuff to 60 internally displaced families in dharkayngeenyo district, Sool region. https://www.youtube.com/watch?v=l8ywdeLV9xI&feature=youtu.be Mr. Khadar Ali Jama, Manager of Dahabshiil...

Survey of Diaspora Investment in Somaliland & Somalia

Money sent from the Diaspora provides essential support to some 41 percent of the population of the Somali territories, according to the most recent...

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...