Sunday, November 17, 2019

Dahabshiil, M-Pesa turning around lives of poor in Africa

Mobile money transfer system M-Pesa, Solar supply company M-Kopa and money remittance company Dahabshiil have been described as the most innovative financial ideas turning...

The impact of Diaspora remittance on the Kenyan economy

Kenyans in the Diaspora are constantly sending money home. It could be for investments, or to support to family members left behind. Sometimes it...

Somaliland: President launches National Development Plan II of 2017-2021

The President H.E. Ahmed Mohammed Mohamud Silanyo has hailed Somaliland passage of rite as to not only establish but execute the national development planning...

Big Banks Plead Guilty To Market Manipulation, Will Pay $5.8 Billion

The age of multibillion-dollar bank fines with no admission of wrongdoing is over. The Justice Department announced Wednesday morning that five banks pleaded guilty...

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...

BCIMR, A Djibouti Bank, Opens Office in Ethiopia

The Bank represents about 60pc of the market share in Djibouti in teras of loans and deposits Red Sea Trade & Industry Bank (BCIMR) of...

We sold our port and our soul to the devil, in return for a...

A report by Auditor General Edward Ouko’s office shows that Kenya may lose Mombasa port because of debt: The shocking part about the revelation...

Shafa Al Nahda Contracting to start construction of Berbera port expansion work

According to a Press Release which the international ports management firm, DP World, made public on Thursday,  Shafa Al Nahda Contracting, a long-time, trusted...

Republic of Somaliland grants PSA extension to Sterling Energy

Sterling Energy plc, the AIM listed oil and gas exploration company, has announced that the Government of the Republic of Somaliland has granted a...

India tops remittances at $70-bn: World Bank

International migrants from developing countries are expected to send $440 billion in remittances to their home countries in 2015, a World Bank study has...

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Somaliland: Five Things You Need to Know this Week about Global Education

Our news roundup includes new schools in Somaliland, a film about child slavery in India and children back in class after earthquakes in the...
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Somaliland: ‘East of Borama’ Armed Insurgents Opt for Peace

An armed, rebellious group calling itself 'Awale' decided, on Thursday, to lay down arms and realign itself to mainstream Somaliland. At an occasion Sultans, professors,...

Somalia, Kenya on Another Round of ‘Normalizing Relations’

Despite a raging maritime boundary disagreement, leaders of Kenya and Somalia on Thursday agreed to normalize relations at a meeting in Nairobi. Kenya’s Uhuru Kenyatta...