Saturday, August 18, 2018

Develop mobile money infrastructure to raise financial inclusion, EAC told

East African Community (EAC) states need to develop rural infrastructure (especially electricity and ICT) to enhance mobile phone penetration and facilitate its use. The call...

Those Who Leave Somalia Need Remittance Too

We’d get the most calls starting two weeks before Ramadan. Advancements in long-distance calling made shouting unnecessary, but my parents shouted anyway, as if...

US Mayors urge federal action on Somali remittances

Today in San Francisco, the nation’s mayors called on the federal government to find a workable solution that allows Somali families living in the...

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,...

Remittances can counteract negative impact of Africa’s brain drain

The African continent is not taking full advantage of remittances as a source of funding.   This is according to Executive Secretary at the United...

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...

Aid agencies urge Kenya to allow Somali money transfers

Aid agencies warned Friday that Kenya's shutting down of money transfer services to Somalia over suspected links to the Al-Qaeda-linked Shebab will hit the...

Closure of MSBs accounts negatively impacts on women most – SONSAF

The Somaliland Non-State Actors Forum (SONSAF) held, Wednesday, a forum of discussion on impact of the closure of foreign accounts of  Somali money transfer...

Equitel customers hit with high cash transfer fees

Equitel has increased the fees it charges to transfer money from Equity Bank to M-Pesa, denying customers the cheaper services the bank promised earlier. Customers...

Remittances and support for democracy in Africa (Archive)

Much has been written about the impact of remittance inflows on economic and social outcomes, including economic development, inequality, and poverty. But little is...

Latest article

Somalia: AMISOM, SNA Details Come Under 4 Attacks In A Single Day In Lower...

According to a number of sources and eyewitnesses, AMISOM and Somalia National Army mechanized contingents came under 4 separate attacks in 4 difference, but...

A Somalia Army General Narrowly Escapes An Assassination Attempt

Somalia’s military commander-in-chief has survived a bomb attack on Friday that wounded at least one of his bodyguards, Garowe Online reports. The commander, General Abdullahi...

Somalia: Daesh levies taxation on Puntland businesses

A militant group associated with Daesh in Syria and Iraq has started levying taxes on businesses in Somalia, Garowe Online reported yesterday. “The traders and businesses in...